Word: youngstowns
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Stassen went at it as he had in Wisconsin and Nebraska, as if he were running for sheriff. At 9 a.m., four hours out of St. Paul, his chartered airliner dropped in on grimy Youngstown. For most of the next 15 hours he talked, answered questions, shook hundreds of hands. He got a warm reception; Ohioans seemed as friendly to him as Nebraskans...
Despite soaring scrap prices, the steel industry had seldom been fatter. In 1947, U.S. Steel reported, it had netted $126.7 million, the biggest since 1929 ($197.6 million), and 43% above 1946. Three other steel companies (Republic, Youngstown, and Jones & Laughlin) made just about twice as much in 1947 as they had in 1946. Bethlehem Steel turned in a whopping profit of $51 million, the greatest in its history. For the first time in peace, its sales had also passed $1 billion...
Steel production was down to 67.7% and falling fast. Carnegie-Illinois Steel Corp. was down to 22% operations in the Pittsburgh-Youngstown district, and down to 40% in the Chicago-Gary area. Barren's index of industrial production was down to 160.5, a drop of 14.6 since the strike's start...
...self-made man. Take Ruiz Galindo. At 48 he is worth about $5,000,000; he started as a produce dealer, at 18 had his own small prospering business in tropical Cordoba. In his twenties he was star salesman in Mexico City for General Fireproofing Co. of Youngstown, Ohio, and sold the firm's largest order in Mexico: material for Mexico's West Point-Colegio Militar de Mexico...
...heartland of the manufacturing East was dead: steel was down in the greatest strike in history. The smoke lifted over Pittsburgh's Golden Triangle. The glow of slag dumps dimmed in Birmingham, Ala. The blast furnaces of South Chicago and Youngstown, from which swaying ladles had drawn the molten seed of national growth, now cooled in unnatural silence. The wonder of the world, a national capacity to produce 95,000,000 tons of steel a year, was wonderfully impotent...