Word: scrapped
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Franklin Roosevelt, who likes a good scrap, refereed a David-&-Goliath fight between two farm leaders last week. At stake was a basic issue in the fight to control inflation...
...tree cutting to replenish the lost coal resources in the Don. Peat and refuse were burned in furnaces. The scythe and sickle reappeared in grainfields. Horses (once-scorned symbols of kulak individualism) replaced tractors. A trade-union investigator was acclaimed a national hero when he found enough rusting scrap metal to make "450 light and medium tanks...
...Forces relied on them to help train 2,000,000 flyers and ground men. They were exhorted to train 5,000,000 more industrial workers, to teach the U.S. people how to stop inflation, sell war bonds, enlist the nation's 30,000,000 school kids to collect scrap. They were even asked by WPB to contribute their typewriters...
Despite WPB's stepped-up scrap-collection drive (TIME, Aug. 31), steelmakers are still plagued by the scrap shortage. In August, for example, they operated at only 95% of capacity although they could have hit close to 103% if enough scrap had been available and small plants had been fully utilized. At peak output steelmakers could have made 500,000 additional ingot tons of steel last month...
That all this hullabaloo was worth the noise was obvious: the venerable American Iron & Steel Institute last week reported that U.S. scrap stockpiles have dwindled to only two weeks' supply (2,429,000 tons), far & away the lowest ever and 40% below 18 months...