Word: scraps
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Money Talks. Steelmen had some other plausible arguments against big expansion now. They pointed out that throughout the 1930s, capacity was far greater than the country's demand for steel. Even in recent years production has been below capacity because of strikes, shortages of scrap and coke, etc. But that argument lost some of its point recently. Production stood at 100% of capacity, and scrap had once again become plentiful enough so that the price was dropping...
...Samuel Insull, farthings-to-millions Midwest utilitycoon of the '20s, were cluttering up the basement of a La Salle Street office building, a Chicago judge ordered the old bonds, canceled debentures, stock certificates, vouchers, receipts, and canceled checks (about 50,000 papers weighing three tons) sold as scrap paper at public auction. Estimated scrap value...
...allocated $26 million to Western European nations to buy aluminum. They had been using the dollars to buy Canadian ingots at 16? a lb. This gave the Europeans a surplus of aluminum. They shipped the metal to the U.S.-where there is a shortage-in the form of scrap. U.S. fabricators were paying as high as 25? a lb. for their European scrap...
Their next scrap is against the Dartmouth yearlings Friday. The squad will leave for Hanover Thursday with the Varsity...
...historical material he works with. His researcher's notes on white, blue, pink and yellow slips are arranged to correspond to the biographical plan he has carefully outlined in his notebooks. By the use of an ingenious system of numbers and symbols he can turn to any scrap of material he needs in a matter of seconds. After he has written a chapter, he "lets it cool" for a month and then his revisions always "cut the first draft to pieces." After the fourth typing he sticks to what he has, unless he or his researcher, Dr. Gertrude Richards...