Word: stainless
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...library. In it, he de fended the philosophy as well as the operating efficiency of U.S. capitalism. But he also lamented that most businessmen are so preoccupied with production schedules that they leave the intellectual market to their collectivist enemies. Said Randall: "With brick and mortar and stainless steel we are the greatest builders the world has ever seen, but our daring and confidence seem to leave us when we walk out of the plant into the realm of ideas...
Other battles are fast being won Originally, titanium proved incredibly difficult to machine and work. But dozens of steel companies have been working with the metal, and have found ways around the difficulties. Titanium, only half as heavy as stainless steel and four times as strong as most aluminum alloys, is now replacing both steel and aluminum in aircraft for skins, parts and struts...
...enlarging its horizons: jet rotor blades of exceptional hardness and heat resistance are now being made at of powdered titanium carbide and a metallic binder fused under tremendous heat and pressure. The big unsolved problem is cost: an incredible $30,000 per ton v. $780 to $1,020 for stainless steel. But as Wilson's program expands production, nobody doubts that U.S. ingenuity and research will whittle down the cost, just as magnesium's cost has been whittled from $5 in 1915 to 27? a pound in 1953. In that prospect glows the promise of a great...
Prime Minister Antonin Zapotocky (rhymes with Trotsky), a gaunt old man of 69 with stainless-steel teeth, delivered the longest funeral oration (27 minutes). An Old Bolshevik and longtime trades unionist, Zapotocky had once been popular with the Czech workers, but had alienated them by harsh complaints and horny-handed methods of spurring production...
...supply e.g., aluminum, producers made no attempt to raise prices. Their great (127%) expansion, launched since Korea, made them fearful of a glut if their prices got out of line. Though U.S. Steel and other big producers said there would be no general increase, some steel prices, such as stainless steel, went up. Mindful, however, of the public outcry stirred up by their unannounced price rise of five years ago (TIME, March 15, 1948), the steelmakers showed no signs of raising the basic price of steel ingots, a bellwether for the whole price level. Steel production soared to a record...