Word: surinam
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Dates: during 1940-1949
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...price record includes cuts in the inflated 1925-29 period, two more cuts since the suit began-the second last week by 1? a Ib. to 18?, the lowest price ever. As for the bauxite monopoly, Alcoa pointed to plenty of uncontrolled low-cost ore in Surinam (Dutch Guiana), high-cost ore in Arkansas. As for national defense, Alcoa pointed to $26,000,000 worth of plant expansion in 1937, $30,000,000 worth last year. As for the ingot monopoly, Alcoa's claim has always been that anyone was at liberty to compete, but few had ever tried...