Word: tinning
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Dates: during 1940-1949
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...record men had raked Tin Pan Alley from one end (Broadway) to the other (Hollywood) to get every foreseeable hit on to wax before James Caesar Petrillo put an end to it all on Dec. 31. But who could have guessed that a long-haired Hollywood "hermit," a bearded and usually barefoot character, had a hit song in his pocket? No one did-except Nat ("King") Cole. And last week, with Eden Ahbez' Nature Boy, King Cole and Capitol Records had the biggest musical scoop since...
...jukebox hit parade. Other record companies last week scrambled to catch up. Unable to use Petrillo's men, Columbia recorded Frank Sinatra against a chorus of singers; Decca did the same with Dick Haymes. Nature Boy's lyrics, also by Ahbez, were a cut above the usual Tin Pan Alley doggerel...
...their luck to find the rich mine just when European supplies of tin were running out. Soon Bolivia was overrun with tin-hunters. When Simon foolishly agreed to sign away the mine for $350,000, iron-willed Albina knocked the pen from his hand...
Widow's Mite. As the dowager empress of tin, Albina will not have as easy a time as her ruthless husband in his heyday. Through the world cartel he created with the British and Dutch (in 1930), he could squeeze the Unless, smelterless U.S. (which normally consumes more than half of world tin production). But in World War II, when Simon was too friendly with the Nazis for British comfort, the cartel came apart. Alarmed, Patino tried to get back into U.S. good graces. Later, Chase National Bank's Vice President Joseph C. Rovensky became chairman...
...hopes to keep the world cartel from reforming. Moreover, since the richer Malayan mines can turn out better ore at lower cost than Bolivia, Albina has no assurance that the British would want it. But the U.S. is in no position to fight tin producers...