Word: scrapped
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...bright & early next day, the Ambassador talked a sailor's language to the press. Of course the U. S. would aid Britain to the maximum "over and above our own defense requirements." Let no European fall for the story that the U. S. had sold Britain scrap iron in the 50 destroyers; said he flatly: there are "a lot of good fights left in them." Could France count on effective aid from the U. S.? "Yes, surely . . . especially the children, sick and aged. What has been done until now is almost nothing ... in relation to what the United States...
Awaiting the Dunn report, the steel-capacity battle took a recess. Meanwhile, on another front, the New Deal and steelmen worked hand in hand. To Baltimore went 500 scrap dealers for their annual convention last week. When they gathered, the price of No. 1 steel scrap was $23.50 a ton, and heading up. Up rose Price Commissioner Leon Henderson, addressed the scrapmen like a Dutch uncle. Said he, referring to his deal with the scrapmen last fall: "The Government didn't ask for a written guarantee. We went away from the meeting with the feeling that we would...
With him at Baltimore was Businessman William Loren Batt, the SKF (ball bearings) president who is a Stettinius deputy commissioner. Mr. Batt was no less downright with the scrapmen than New Dealer Henderson. Said he: "I see it as your patriotic duty to receive and sell as much scrap as you can and as rapidly and cheaply as possible. . . . The President has said that the nation would be intolerant of strikes that tie up defense business. I think he would add, were it not obvious, that the nation will be equally intolerant of careless, selfish management...
While the scrap dealers had less to say than usual, steelmen (who have to buy the scrap) applauded. Loudest applause came from National's Ernest Tener Weir, who demanded that the Government force the price down. He also announced a 40% increase in his Weirton pig-iron-making capacity, just in case Government efforts failed to produce enough scrap at reasonable prices. But by week's end, the price of scrap had dropped $1 a ton, was clearly headed back to $20. On one front at least, the Government-with business' help-was having...
...nymphs (exceptions: Simon Moselsio's sloe-eyed Nude, John B. Flannagan's dreamy bronze Mother and Child-see cuts). None of the pieces showed any recognizable relation to the U. S. scene. Most abstract of all were: 1) a nut-&-bolt portrait by David Smith, virtuoso in scrap iron (TIME, Nov. 18); 2) a jittery, swaying mobile made out of fence wire and iron by U. S. Mobilist Alexander ("Sandy") Calder. Most arresting exhibit: a crawling, sluglike, headless, armless and legless female form in plaster with three hips, two breasts and a navel, modeled with necrophilic realism...