Word: scrapped
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...make his steel. So, he told the committee, he made a deal with Kaiser-Frazer Corp. to trade finished steel for K-F's pig iron. (He also made another deal, the committee found, with Cincinnati's David J. Joseph Sr., one of the big U.S. scrap dealers. For his scrap, Joseph got 8,254 tons of steel, and a tidy gross profit...
Koons got his steel from K-F at mill cost. But to get it he had to pay over $600,000 for a lot of things K-F wanted to get rid of, e.g., jigs and dies for K-F's abandoned front-wheel-drive auto, aluminum scrap left over from experiments with car bodies. Koons told the committee he lost $500,000 on sale of the tie-in junk. But, through his steel, he netted a $14,000 final profit on the whole deal. The committee got an eye-opening account of how fast steel gets around...
...dozens of Congressmen and Senators continued to cry angrily for a more stringent embargo against Russia; some for a complete halt of all shipments to the U.S.S.R. Thousands of U.S. citizens, who bitterly recalled pre-Pearl Harbor scrap shipments to Japan, agreed wholeheartedly...
Then a Texas aircraft supplier named Leroy H. Luckey told of buying usable World War II bomber engines from the War Assets Administration as scrap, and selling 46 of them to a dealer who shipped them to Russia and Poland. With this, the New York Journal-American could hardly contain itself; it reported that "secret agents from the Kremlin were combing WAA depots...
...Marshall Plan were solely a matter of dollars-&-cents investment for fair return, we would do well to scrap it now. On its present scale and design Marshall aid cannot ensure the permanent rehabilitation of Europe. It is too little, and it is probably too late, to do more than slow the economic decline which brought it into being...