Word: raws
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...years into keeping him in power in Manchuria. With other walrus-mustachioed brigands of the Manchurian steppes as his generals he built up a powerful army, built a tremendous arsenal at Mukden, extended his sway to Peiping (then Peking, the capital). To Japan, Manchuria represents her greatest source of raw materials and an outlet for her swarming population. "When we got Korea," admitted a frank Japanese official recently, "we found it was already full of Koreans." Crafty Chang Tso-lin accepted enormous "loans" from Japan, then used this money to spread anti-Japanese propaganda and to build railways competing with...
...itinerant junkmen in the U. S. From their humble beginnings has come the half billion-dollar scrap iron and steel industry. Founded by Russian Jews who swarmed to the U. S. in the last century, it now supplies the steel industry with over 50% of its raw material. To finance large scrap dealers who have been unable to obtain adequate bank loans, Director General Benjamin Schwartz of the Institute of Scrap Iron & Steel last week sought $15,000,000 credits for his members from...
...dignified plane, has obtained the recognition of steelmen who formerly were hesitant to let a scrap dealer through the front door. The real justification of the complex system of scrap-gathering, Director Schwartz thinks, is the conservation of ore reserves. Not only is scrap steel's biggest raw material, but it takes twice as much ore as scrap to make a ton of steel. Every important country except Canada and the U. S. regard scrap as a basic resource, forbid its exportation. Under the Versailles Treaty Germany was required to supply Poland with 300,000 tons yearly...
Critics found Artist Stallknecht's mural raw, bold, naive, much like the works she exhibited in Manhattan's Ferargil galleries last May. Critics also recalled that modernized divinities are nothing new; Jacob Epstein's Christ was much discussed for his negroid appearance. Nor are real faces in religious pictures rare; many an Italian and Flemish noble and magnifico got himself and his offspring into a "Holy Family...
...supine industry. His mere appearance in Wall Street touched off a minor rally in a temporarily flagging market. With the Young Committee he discussed a plan for setting up a Commodities Credit Corp. with $100,000.000 capital, largely backed by the R. F. C., to finance inventory purchases of raw commodities, principally agricultural. Though no details were announced, it was promptly dubbed "the commodity pool," and stocks dependent on farm purchasing power were quickly whipped up to new highs. Bankers were generally cool to the idea. They want less tampering with commodity prices, not more...