Word: raws
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...They will endeavor, with due respect for their existing obligations, to further the enjoyment by all States, great or small, victor or vanquished, of access, on equal terms, to the trade and to the raw materials of the world which are needed for their economic prosperity...
...that this time it sounded warmed over. But the eight points were not wholly warmed over from Wood-row Wilson. Whereas the 14 points dealt largely with political matters, the eight put much of their emphasis on economic solutions. The fourth point-access to victor and vanquished alike to raw materials -undertook to appeal directly to those Europeans who dislike Naziism but have regarded it as an economic necessity...
...great break-through near Uman, 120 miles south of Kiev, paved the way for the final dash south to the Black Sea. By week's end the Germans claimed to have rolled across the Krivoi Rog iron-ore area, which had supplied 59% of Russia's raw iron, and to have reached the sea east of Odessa and the port of Nikolaev...
Since steel's basic raw material is normally about half pig iron, half scrap, 6,500,000 tons of pig would scarcely be enough to turn out 15,000,000 tons of steel even in normal times. And scrap is now abnormally scarce. Last week OPM steelmen particularly recommended expansion of Bessemer steel capacity, because the otherwise less economical Bessemer process requires very little scrap. Transportation Commissioner Ralph Budd announced a program to collect 232,000 tons of abandoned streetcar rails. But Cleveland's Daily Metal Trades reported that steel mills are still using more scrap than they...
...Leon Henderson, all he could do was go back to his office, announce more price ceilings, hope that by some miracle they would be obeyed. Last week he put ceilings on raw sugar, burlap, copper, pig tin, pine lumber. But bootlegging has put holes in Leon's previous ceilings and doubtless will continue to riddle his new ones...