Word: katanga
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Dates: during 1930-1939
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...drove up to the White House portico. First to step down from his limousine was M. Emile Francqui, head of Belgium's largest bank, the Société Générale de Belgique. Next was M. Camilla Gutt, of Belgium's great Katanga Copper Company in the Congo. Third was their fellow Tycoon Etienne Allard and fourth was a distinguished young member of the Belgian nobility, Count Philippe d'Arschot. Escorted by Ambassador May and members of his staff, they had come to carry out an ancient rite, to which Belgium, of all nations...
...expedition will pay especial attention to the Katanga region where Dr. Strong will continue the studies he has made in the Congo...
...Cornelius Francis Kelley of Anaconda, which has 60% of its production outside the U. S.; Louis Shattuck Gates of Phelps Dodge whose strategies saved the conference a year ago; Stephen Birch of Morgan-linked Kennecott; James Y. Murdoch of gold & copper producing Noranda; Felicien Cattier of Africa's Katanga; Robert Crooks Stanley of Canada's International Nickel, in line for the first time; Sir Auckland Geddes of Rio Tinto and Rhokana, one-time British Ambassador at Washington. A stony silence greeted Dr. Sussman's statements that Roan's production capacity is up from a year...
...When Katanga's Cattier sailed, he left behind him his two inseparable agents, Messrs. Fernand Pisart and Camille Gutt. When they saw the conference getting no place they announced they had booked reservations for Europe. When it became clear that Director Storke would accede to nothing, Messrs. Pisart & Gutt sailed and the conference was officially ended, all copper companies were free to grab for all they could. Roan's Storke remained alone on the battlefield, told the U. S. Press his company was not alone to blame...
...either with the high-cost producers driven off or with a whipped Roan Antelope creeping into the corral. Running at full blast Roan can supply only 14% of the copper needed outside the U. S. But Roan can lay copper down in Liverpool for under 4?, which not even Katanga can meet, and 3? under most U. S. companies. With no new public utilities construction and no good war in sight, stocks of copper above ground have mounted to 850,000 tons, enough to last the world 18 months. U. S. coppermen felt that much of this may be pounded...