Word: raws
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...Have Failed." Said cherubic Senator Byrd: "America has the capacity in labor and raw materials to outproduce any other nation. ... In that job ... we have failed, and miserably failed. . . We have not sent to England the aid we should have sent her, and our own preparations have dangerously lagged . . . We have spent for national defense nearly $10,000,000,000. What have we to show? . . . The colossal sum of $53,000,000,000 has been authorized and appropriated. This is twice as much as the cost of our participation in the last World...
...Raw Deal? In the last few months, as Marshal Pétain has edged steadily closer to the Axis, Gaston Henry-Haye has taken the place once occupied by Soviet Ambassador Constantine Oumansky among the diplomatic outcasts of Washington. Oumansky, though diplomatically shunned for two years, was nevertheless personally popular, bore up well. Henry-Haye, natu rally affable, is desolately lonely-next to Germany's handsome Chargé d'Affaires, Dr. Hans Thomsen, is probably the loneliest man in boom-packed Washington...
Like his Chief of State, Henry-Haye reiterates that France has been given a raw deal by Britain and the U.S., that France was deserted by her Allies, stripped of all but the last shreds of her independence after a crushing defeat. Real tears slide down the little Ambassador's cheeks when he speaks of Marshal Pétain...
...make 1,400,000,000 lb. of aluminum a year, the nation will need 2,800,000,000 lb. of alumina (in addition to large amounts used raw by chemical and abrasives industries). With Alcoa's new alumina plant, U.S. capacity will be something over 2,000,000,000 lb. a year. About to be signed with Reynolds is a contract for another alumina plant which will add 200,000,000 lb. To make up part of the remaining alumina deficit, OPM recommended last week that still another 600,000,000 lb. of Government-owned capacity be added...
...price controls of one type or another, the businessmen were in accord (only 11% opposed). Votes for specific types: over wages, 62.6%; raw materials, 52.3%; wholesale prices, 30.8%; farm products, 30.7%; retail prices, 27.8%; all-or-none, 14.3%. But, surprisingly, the financial and investment executives in FORTUNE'S group were almost evenly divided on the prospects of a serious inflation. Half thought that price and currency controls would prevent...