Word: scrapped
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MacArthur clamped down further. He forbade transactions in silver, gold and foreign exchange, denied the stock exchange permission to reopen, ordered the. Army and Navy to hand over all arms to the Allied Commander, all food and other supplies to civilian authorities (unwanted arms would be broken up for scrap). He permitted the manufacture of trucks but not of passenger cars. He ordered the criminals responsible for the infamous "Death March" on Bataan rounded up. Finally, he seized 21 Jap banks (but assured ordinary depositors that they would get their money...
...Emergency Council regrets that the new students are not getting a true example of the Jester Magazine. The issue might have been donated to the scrap drive, but we prefer to use it as an illustration of the genuine freedom of the press that exists on the Columbia College Campus...
Short Careers. The U.S. Maritime Commission put up for sale, as junk, four Liberty ships war-damaged beyond repair. Two of them had been torpedoed, one had been bombed, one had crashed into another vessel, was gutted by fire. If the ships are bought for scrap, purchasers must agree to destroy all motors, engines and other salvageable gear. Reason: to keep these items off an already glutted market. So far the Maritime Commission has received bids for two of the ships: $3,100 and $9,100 (they had cost upward of $1.5 million apiece...
...Federal Works Agency, and the nation's contractors and real estate men, were just as grimly determined to dump L-41, scrap any other ceiling plan. Said they: 1) L41 is retarding normal building activity just when it is most needed; 2) the sooner the building industry gets going, the sooner it can hire the four to eight million workers it will need; 3) materials and labor will be so plentiful by the time the building boom gets under way next spring that competitive production alone will hold prices down. The whole price problem was of such prime importance...
Others shared his urge. Harvard's "Boaty" Sturgis, who wore a pink tie and reminded people of "a wild night in a florist's shop," trailed Estelle like a mooning spaniel. Wolfish Hugo Zachias, who had made a mint of money selling scrap iron to Japan, talked her into a weekend at his Spanish villa on Long Island. There were also jaded Bill Priest, who wrote scintillating advertisements for jewelers ("Evenings of wonder, these evenings of betrothal time"), and Croupier Joe Heeney, who had learned to hate race horses ("he had long since passed the point where...