Word: tinning
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Dates: during 1940-1949
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...Moran Towing & Transportation Co., Inc. chartered the powerful, war-built tugs from the U.S. Maritime Commission, will use them to pull two tin-mining dredges from Miami through the Panama Canal to the Netherlands Indies for the Netherlands Government. To shrewd President Moran, the job is more than a pay haul across the Pacific. It will give him a chance to gauge his financial chances of beating the Dutch at their own game, at their expense, before the Dutch and British get their deep-sea tugs operating again, full steam...
Some of the reasons: New York public schools are overcrowded (in one last fall, children had to squat on tin pails and fruit baskets for lack of chairs, and every day, because of the teacher shortage, hundreds of classes go "uncovered." i.e., teacherless). Many schools are shy of up-to-date textbooks. A $38,000,000 building program is still largely in the blueprint stage, and schoolhouses are dangerously decrepit (said Mayor William O'Dwyer: "Those old Civil War firetraps are ghastly"). Above all, parents don't want their boys & girls to pick up the "dese-&-dose" accent...
...cash to buy. To many incoming Republicans this had the sound of treason to U.S. industry. But the step could be urged on the U.S. for practical, if not idealistic reasons: drained by war, the U.S. for a long while would need far more lead, copper, tin, natural rubber, etc., than it could hope to produce or substitute synthetically. And in the long run, the U.S. would not be able to absorb all of the tremendous flow of goods which it is capable of producing, would need bigger outside markets to buy them...
...Tin remained the alpha & omega of Bolivian economy, the source of over two-thirds of the national income and four-fifths of the Government's revenues. But now that the war was over and Malayan mines were back in production, Bolivia's high-cost pits were up against it. Tin barons Patino and Hochschild wanted to shut down marginal mines. Their work ers threatened violence if they did so. The Government was in the middle...
This week Bolivians were hoping to get 9? more than the thumping 67? a Ib. the U.S. paid for tin in 1946. If they got it, the mines might keep going and Bolivia's new President might have a few months of comparative peace...