Word: coppering
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...Charles Woodruff Vost, a 28-year-old State Department cub, he it was who drafted the list of wartime contraband which President Roosevelt charged him with controlling. Mortars, machine guns and methyldichlorarsine are obvious munitions of war. But what about such equally useful, basic implements of war as steel, copper, cotton? In case of hostilities, would an embargo be placed on them, too? Washington wiseacres thought not.* Ever since Benito Mussolini began his dangerous animal act featuring the terrified Lion of Judah and the terrifying Lion of Britain, U. S. cotton and copper producers have enjoyed a brisk business with...
...that was mortal of Huey Pierce Long was buried last week in a copper-lined vault sunk in the front lawn of the State Capitol at Baton Rouge. From the 33-floor tower of the Capitol which the murdered Dictator had built as a $5,000,000 monument to himself and which now served as his headstone, reporters saw that the vast funeral crowd had choked the roads for miles around. Below, ringed by 100,000 spectators, of whom some 200 fainted during the long wait before the services began, lay a great bright field of floral tributes: little bunches...
...experience for the great problems he was to face: he ran a coal yard, made about $5,000 a year, married quietly and happily, did a little gambling in mining claims on the side. Inspired by the reckless career of F. Augustus Heinze, who was matching wits with Butte copper kings at the age of 21, Thompson traveled East to peddle his claims. Wall Street would not listen, State Street was almost as inhospitable, and he was nearly at the end of his resources when he managed to get an option on the $250,000 Shannon Mine, in Clifton, Ariz...
...White House Secretary Morgenthau brings his troubles. Last week he brought a proposal for the President's approval: to mint copper half cents which have not been minted since 1857, and aluminum mills, which have, up to now, been a money of account found only in school books. Object: to enable citizens to pay fractional cents of sales taxes. Franklin Roosevelt thought it was a great idea to save people money, personally sketched a "doughnut" half cent and a square mill, visioned citizens getting bargains...
...raised by a bond issue underwritten by J. P. Morgan & Co. Last week as a preliminary to the payment of dividends, the last of that bond issue was paid off 100? on the dollar. No sooner had ore shipments started in 1930 than the prices of copper and zinc, Hudson Bay's principal products, began to crash to historic lows. In 1932 Hudson Bay Mining stock could have been bought for 75? per share. Last week it was selling at $15 per share. Profits before depletion in 1934 were $1,500,000. Including a small amount of ore handled...