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...broken up, carefully sorted. Giant shears leisurely chomp a steel freight car into bits. Oxyacetylene torches slice up rail's, girders, beams. "Skull-crackers" shatter cumbersome castings. Twisted sheets and waste are bundled by hydraulic presses. Great electric magnets on overhead cranes pile the fragments into heaps or load them in gondola cars for the blast furnaces...

Author: /time Magazine | Title: Business: Scrap | 8/22/1932 | See Source »

...been a heavy buyer. Some of Director Schwartz's best efforts have been in raising the tone of the trade. Ten years ago it was not uncommon for a steel mill to receive a carload of scrap "top-dressed" with meaty chunks of good steel that concealed a load of bed steads, old fenders, tin cans, other metals and alloys which would ruin a batch of steel. One dealer foisted off a shipment of pipes filled with sand to increase the weight. All scrap is now graded, and priced accordingly. Highest grade is railroad car axles, standard grade...

Author: /time Magazine | Title: Business: Scrap | 8/22/1932 | See Source »

...situation, even rejected new mail subscriptions, with two exceptions. From Denver, Publisher Fred G. Bonfiis shipped bundles of his noisy Post into Butte. From Seattle came supplies of Hearst's Post-Intelligencer. A Butte Post office boy, en route from the post office with the day's load of "exchanges," was waylaid by news-starved passersby who offered him 50? a copy. He was incorruptible...

Author: /time Magazine | Title: The Press: Newsless Butte | 8/22/1932 | See Source »

...factors in the London parley. Putting aside his famed isolationist views, the chairman of the Senate Foreign Relations Committee called on the U. S. to take a world lead in the settlement of world problems. Excerpts: "We can't restore confidence in the business world until the vast load of armaments are lifted from the overburdened backs of the people. . . . "Reparations, Debts and armaments are conditions precedent to a restoration of those conditions which would bring prosperity to the American farmer and home. ... If I could purchase the prosperity of the American people by these debts, I would...

Author: /time Magazine | Title: THE CABINET: Borah & Hamlet | 8/15/1932 | See Source »

...Newark, N. J., a sporting goods clerk showed a customer a hunting rifle, watched him load the gun. The customer pointed the weapon at the clerk, demanded money...

Author: /time Magazine | Title: Miscellany: Clerk | 8/15/1932 | See Source »

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