Word: stettiniuses
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Dates: during 1940-1949
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...free trade in scrap) to show steel's increased dependence on scrap: from 1920 to 1938 U. S. steelmaking capacity rose 30%, while capacity for making pig iron (the only alternative to scrap) fell 2%. They wanted to know why Defense Advisory Commission's Ed Stettinius hadn't put scrap on his list of embargoed strategic materials issued four weeks ago. Scrap brokers could retort that there is no scrap shortage as yet. But if Defense orders put steel's autumn production rate as high as patriots hope, steel mills will have...
...example of disheartening delay, Mr. Stettinius wrathfully cited an incident which also exemplified the new mutual attitude of U. S. Government and Business. One of the commission's prime concerns is aluminum, which aircraft makers will need in stupendous quantities. At the urgent behest of Messrs. Stettinius & Knudsen, the House last week was asked to appropriate $25,000,000 for a new TVA dam, wherewith to supply the Aluminum Co. of America with critically needed power. Up popped Republican anti-TVA Congressman McLean of New Jersey, Republican Congressman Dirksen of Illinois, blocked the appropriation. They were unmoved by assurances...
...seemed to add up to mighty small potatoes. Of $5,400,000,000 which Congress had voted for Defense since May, a piddling fraction had actually been spent. An enormous job of planning had to be done first. In charge of the planning were Industrialists William S. Knudsen, Edward Stettinius Jr., some 200 high-powered colleagues on the President's National Defense Advisory Commission. Getting these talented bigwigs down to coordinated work was in itself a big, time-taking job. Up to last fortnight, most commission spark plugs always had time for an easy hour's chat with...
...commission announced that Mr. Knudsen had painstakingly passed on $1,000,000,000 of equipment contracts. Aircraft Coordinator George Jackson Mead placed $100,000,000 of plane orders, got tape-wound Army & Navy bureaus to simplify their contradictory, wasteful systems of testing and buying planes and engines. Commissioner Stettinius cheerily reviewed his studies of raw materials which the U. S. would need and might not have in wartime, said: "The situation . . . is more hopeful than we anticipated six weeks ago. . . ." For an example of heartening speed, he told of hearing about a stock of tungsten and antimony "near Indo-China...
...trying to lay hands on all the manganese they can get. Claiming a shortage of ships (the U. S. Maritime Commission had been frowning on U. S. vessels accepting charters for Russian ports), Russia for weeks cut down rnanganese exports to the U. S. Hence War Materials Coordinator Ed Stettinius saw to it that U. S. vessels were put in the Russian service last week. For further encouragement to Russia, about two-thirds of a shipment of machine tools, dies and machinery, deemed unnecessary to U. S. defense, were released in Tacoma for shipment to Vladivostok. Other shipments of standard...