Word: stettiniuses
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Within the office of OPM would be at least three divisions-Production, headed by Glassman John David Biggers; Purchases, bossed by Sears, Roebuck's Donald Marr Nelson; Priorities, bossed by Steelman Edward Reilly Stettinius Jr. The President paused, blew out a cloud of cigaret smoke. The questions popped...
...Brothers Davis kept their customary silence. A subordinate barked that the trouble, if any, was not with the aluminum supply but with little Northrop's inability to plan its orders, stock up in advance. Commissioner Stettinius harshly denounced Northrop for reporting "shortages which do not exist," declared that the company had already resumed a full working schedule. Mr. Stettinius was less explicit when he said: "[There are] no serious shortages in aluminum . . . now required for national defense. Certain temporary delays in delivery will doubtless occur. ..." That ALCOA could supply defense demands without curtailing its ordinary commercial business, Mr. Stettinius...
...obscure brothers: Edward K. and Arthur V. Davis, respectively president of Aluminium Ltd. of Canada and board chairman of Aluminum Co. of America, which has a near-monopoly of the production and fabrication of aluminum in the U. S. and Canada. Also touchy was Defense Commissioner Edward R. Stettinius. Reason: instead of trying to stimulate emergency competition, he has preferred to recognize the facts of aluminum life, deal with ALCOA for defense...
...sufficient supply were only a matter of extracting aluminum from bauxite ore, Mr. Stettinius would not have had to hedge so carefully. Raw aluminum is just the starter: the basic metal must be alloyed, then shaped into different sheets, forgings, castings, etc. for each of aluminum's thousand-&-one uses. Aluminum Co. of America thus may have to supply one kind of tubing for an airplane wing strut, another for the landing gear, yet another for the rudder. Up to now the company has borne this cross with profit and equanimity, has also managed to retain its corner...
Last week, just before leaving Washington, Franklin Roosevelt took a hand in the controversy. He called in ex-Steelman Stettinius, told him he wanted less talk about steel and more steel. Weighing on his mind were such facts as this: if the railroads were at last to start buying equipment in a big way. the Government, to give the railroads priority in steel, would have to curtail civilian sales & employment. This week Stettinius' materials division rushed work on its final steel report to be handed to the President when he returns. Meanwhile the National Resources Planning Board fortified...