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...When one load of poor-grade oil burned out the engines of his customers' trucks and tractors at harvest time, Cowden decided to start mixing his own oil, took the first step toward producing his own products. In 1939, he raised $350,000 from $10 shares sold to C.C.A. members, and built a refinery. A month after the refinery went into operation, its supply of crude was shut off. Gowden raised another $120,000 from his members to help buy oil wells and pipelines for C.C.A. It now owns about 1,000 producing wells, more than 900 miles...
First link in the chain was Harry Phillips, boss of Steubenville, Ohio's Ohio Valley Tool & Die Co. He bought a 74,780-lb. load of sheet steel from Weirton Steel's West Virginia mill at a price of $5.20 to $5.90 per hundredweight. After the steel was delivered, Phillips obligingly passed it on, at $7.50, to his brother Matthew in New Cumberland, W. Va., who promptly sold it for $9 to Isadore Forman, a Pittsburgh steel broker and "friend of the family...
Hinshaw disagreed with the present Western armament program on the grounds that it is an abandonment of moral values and too heavy a load on the economic stability of the country. "Non-violent resistance, on the other hand," he said, "alligns us with the good in our natures...
Easy to fly on wheels, floats or skis, with a 1,875-lb. work load and a maximum 630-mile cruising range, the Beaver is an ideal frontier plane. Canadian bush airlines clamored for them as soon as the first one came off the assembly line in 1947. De Havilland sold Beavers in Finland, Indonesia, Colombia, Malaya, Rhodesia and Chile. Now better than half the plant's entire output (currently 12 planes a month) will be delivered to the U.S. Army and Air Force...
Last week, after a brief, pointed correspondence with East Germany's President Wilhelm Pieck, Dr. Itten went to Berlin's Soviet sector. There he solemnly handed his box of trinkets (i.e., priceless Communist relics) over to East Germany's State Art Commission, watched grunting Germans load his precious statues on to a Swiss truck. An "exemplary cultural exchange," announced the art commissar grandly. Dr. Itten did not crack a smile...