Word: rubbers
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Dates: during 1940-1949
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...while ago, we cannot save China. Japan knew that we could not do so. A realistic view of the present situation would indicate that a cessation of fighting would save more lives and prevent further useless destruction. Does it make any practical difference to us who owns the rubber and the tin, provided we can trade with the owner? If we do not like the owner, then again the only argument worth making is still an argument that can be backed up by force...
...Treasury it could start laying in a stock pile of strategic war materials, appropriated a mere $10,000,000 for the project. Hence the Government stock piles last week were mere mounds. Particularly inadequate were its stores of two materials whose immediate supply depends on the Far East: rubber (30,000 tons; U. S. 1939 consumption nearly 600,000 tons) and tin (6,124 tons; U. S. normal peacetime consumption 82,000 tons...
...build up these stock piles, RFC formed two $5,000,000 corporations last week: Rubber Reserve Co. (half of whose capital will be put up by the rubber makers) and Metals Reserve Co. To the former it planned to lend $65,000,000 to buy 150,000 tons of rubber; to the latter $100,000,000 to acquire 75,000 tons of tin and other strategic metals. London reacted promptly to the new demand, the international tin cartel upped its export quota from 100 to 130% of standard (or at the rate of 271,661 tons a year...
Basic Materials: Aluminum, antimony, asbestos, chromium, cotton linters, flax, graphite, hides, industrial diamonds, manganese, magnesium, manila fibre, mercury, mica, molybdenum, optical glass, platinum group metals, quartz crystals, quinine, rubber, silk, tin, toluol (coal-tar derivative used in TNT), tungsten, vanadium, wool...
Meantime, able "F. A." was deftly maneuvering his new rubber company from 330th to seventh (now eighth) place in the industry. He paid off Davis' loan and, when Prudential's notes again came due, got Cyrus Eaton to put $5,000,000 into a new holding company, Ohio Goodyear Securities Co., which acquired Prudential's assets, paid off the bankers. Most of the Goodyear stock was swapped to Eaton for U. S. Rubber stock, other assets were sold, Eaton was paid off - all of Ohio Goodyear's stock was transferred to Davis...