Word: scandinavian
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Only Congressman to rise from the House to the Senate was Washington's Democratic, pro-New Deal Mon C. Wallgren, 49. His strong Scandinavian following voted down vigorous, 46-year-old Stephen Fowler Chadwick...
...Washington's Stephen Fowler Chadwick, 46. Last week Campaigner Chadwick ably carried the ball both for himself and for Wendell Willkie (who mistakenly said "Phil" for "Steve" last month). His opponent: 49-year-old Congressman Monrad C. Wallgren, a retail jeweler, who has Washington's big Scandinavian vote in his pocket...
...Germany did not gain materially in wartime industrial strength, Britain lost enough to make Germany's conquests worthwhile. She lost access to Sweden's iron ore, Norway's refined and processed metals, dairy products from Denmark and The Netherlands, Scandinavian timber, Belgian steel, bauxite from France. But so long as she controlled the seas, had bottoms to carry goods in, ports to unload them at, she could call on the Empire and the Americas to replace what the Nazis had taken. In the folds of Britain's Pennine Range were 19% of the world...
...Japan are lumber and pulp men on the Pacific coast. Their Japanese pulp market, especially rayon pulp, normally accounts for a healthy margin of their business. But lumber and pulp men were not losing much sleep last week. Already oversold, they figured on remaining oversold as long as Scandinavian exports are cut off. Also unruffled were coppermen. Their exports to Japan last year were $27,567,000, 15% of output; but the copper market is even tighter than the lumber market, doling out new supplies to defense-favored customers only. Another key Japanese supplier is the machine-tool industry, which...
From this lush new export market (where prices are $10 to $21.40 a ton over the domestic level) U. S. pulp makers are skimming the cream. But they do not consider it permanent. A break in the British blockade would release a tidal wave of low-cost Scandinavian pulp, force prices far below anything U. S. mills could meet. Already pulpmen have had reason to be leery of the Latin-American market. Last spring, after Norway's collapse, they were hounded by Latin-American purchasing agents. Suddenly the agents vanished. Nazi salesmen had promised them low-priced pulp deliveries...