Word: toolings
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Dates: during 1940-1949
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...severed relations with French-owned Martinique, the green, blockaded Caribbean island which lies spang across the Atlantic approach to the Panama Canal. In his umpteenth sharp note, long-suffering Secretary Cordell Hull told the island's Governor, Admiral Georges Robert, that he was, in fact, a tool of Hitler. The U.S. would stand his obstinacy no longer; it recalled its consul general. (But the vice consul and a naval observer were left on the island.) The white-bearded, intransigent Admiral did not reply...
...recent weeks more crepe has been hung on the U.S. machine-tool industry than on all other war industries combined...
Some facts support the grave-digging theory. In the prosperous '20s the "sound value" of all the machine tools in the U.S. was around $750,000,000. At the end of this year the corresponding figure, after depreciation, will be around $4 billion -and the average useful life of such tools (overlooking obsolescence) is from 15 to 20 years. Last year the industry shipped a fabulous $1.3 billion of tools, seven times its 1929 high, ten times its 1919-35 average. This year shipments are off more than 10% from last December's peak; new orders are coming...
...week small, round-faced Joe Trecker predicted that the industry's wartime business will stay at four to five times its peacetime production. His reasons: 1) inadequate, manpower-wasting equipment will be replaced as the capacity to make it is freed from more pressing work; 2) worn-out tools will boom the replacement business; 3) new weapons, new military strategy will call for new tools (e.g., a tank-making tool is no good if you want to make a "bazooka...
...burgeoning plastic-metals industry had another achievement to report last week. Hefty Andy Langhammer, head of Chrysler's Amplex Division, announced that his workmen were making tool steel from soft iron rust...