Word: raws
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...Japan, socialism is the old army game. "Capitalistic and liberal elements are to be driven to earth ... all initiative is being stifled, and Government control is being ruthlessly extended into every branch of industry. Exchange control, production limitations, restrictions on the purchasing and shipment of supplies, rationing of raw materials-these are among the means. . . ." "A mere whispered threat" by the Army to repeat the 1936 Tokyo mutiny keeps politicians and financiers in line...
Both divisions were much better off in man power. In eight months of active training, the handful of veteran tankers in the Army had done a stupendous job of schooling raw men, turning them into instructors for still greener recruits. Result: considering the equipment at hand, the commanders of the First and Second Divisions last week could say that they could "function in any emergency." But not for long: as with all the U.S. Army of 1941, an armored division is no sooner trained than it must be broken up to form and school fresh outfits...
First major product whose price was dumped in Leon Henderson's lap was steel industry's biggest raw material and key to the whole U.S. price structure (see above). Last week C.I.O. and C.I.O 's archenemy, Ernest Tener Weir, combined to make many a steel producer talk about upping his price tags...
...maintain. Once the industry's break-even point (now estimated at 60% of capacity) is passed, profits jump dizzily; last year, when U.S. Steel's operations rose to 80.2% from 60.7% in 1939, profits rose 150%. But the small, unintegrated companies that have to buy all raw materials lagged far behind Big Steel's record last year. These companies maintain that a 10? wage rise means higher steel prices...
...Author Vardis Fisher, long somberly enraptured (in Children of God, etc.) with the whole sprawling, patternless vigor of U.S. westward expansion, Virginia City and its characters are tasty raw meat. But City of Illusion is written as a novel, and in it Author Fisher has recaptured the vitality of U.S. legend as well as U.S. history...