Word: subcontracters
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...Gain. For the first time in four years, buyers of human hair for the Venida Hair Nets are en route to China. They will buy hair for 65 million hairnets, subcontract the net-making to 300,000 Chinese women...
...Well done," said the Marine Corps when four prisoners in Pennsylvania's Eastern State Penitentiary completed their subcontract for wooden tent pegs. But the Philadelphia Record, delving into the business affairs of the convict-capitalists last week, was not so pleased. The reason: the four prisoners had grossed $58,300 in two years. In some months, their net profits ran as high as $450 apiece...
When the 1942 Revenue Act finally ground to passage, it contained under Title VIII, Section 801, this sentence: "The term 'excessive profits' means any amount of a contract or subcontract price which is found as a result of renegotiation to represent excessive profits...
...Navy E flag which will be formally presented to the company on Nov. 18. One reason for the award: Lights, Inc. delivers on time. Besides lighting equipment (75% of its total) the company makes "stuffing tubes" (which hold cables on ships), bomb release pulleys, etc., and is planning to subcontract the manufacture of Butex, a synthetic rubber compound...
Main job of SWPC is to convert the little fellows into war-goods production. To do this the agency will sign contracts directly with the Army & Navy, then subcontract to little plants best equipped to do the work. Some midget factories will pool their facilities. In other cases SWPC will finance needed machinery and equipment (if it can be bought). If all these small plants were smokestack deep in war work, they might produce more than one-third as much as Detroit's amazing war giants...