Word: stettiniuses
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Late last week Defense Advisory Commissioner Edward R. Stettinius Jr. made a cheerful announcement. For the first time in 30 years the output of the U. S. wood-pulp industry practically equaled U. S. consumption. Production this year, said he, should hit a record 9,000,000 tons, up 27% from 1939's 7,107,000 tons. Furthermore, if U. S. pulpsters bring old, inefficient plants into action, they can boost production another...
...importer, but now it is also the No. 2 world pulp exporter, second only to Canada. Fortnight ago the Department of Commerce announced U. S. pulp exports in July hit an all-time high of 65,548 tons, nearly six times a year ago. Raw-materials Watchdog Stettinius added that full-year shipments would total 400,000 tons (mostly to the United Kingdom, Latin America and Japan), against 140,000 tons last year...
Outstanding example of patriotic sacrifice for the U. S. is the National Defense Advisory Commission (Knudsen, Stettinius, et al.). While legislators have sniped at the Administration's defense plan from political trenches, while "Youth" has cried out against the inconvenience of conscription, many a U. S. businessman has dropped a plushy job for harder work at $1 a year at a Government desk in Washington. Last week in its headquarters in the marble Federal Reserve Building, in overflow quarters in three other buildings, NDAC had somewhere between 400 and 500 dollar-a-year men and salaried employes...
...Assistant Secretary of State Adolf Berle, are Franklin Roosevelt's mainstays on all-important Foreign Policy. Secretary of the Navy Frank Knox, the splintered War Department's Henry Stimson (see p. 20), and their ranking officers (Stark, Marshall), along with Industrialists William Knudsen and Edward Stettinius, Labor's Sidney Hillman, are often at the White House to talk and administer Defense (see p. 77). A curious, fateful fact about Franklin Roosevelt is that none of these men-not even Cordell Hull-belongs to the President's innermost Inner Circle. They are professionals or emergency specialists with...
...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...