Abstract

Everybody's Business

Hutchison, Keith | March 1, 1941 issue

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For many months now, leading steel executives have been fighting a rearguard action against the advocates of greater production. They have insisted that the industry is able to meet all likely demands on it and have argued that temporary shortages which may occur during the emergency should be overcome by rationing civilian consumption. This would be far better, they imply, than the construction of new plants which would become redundant once the defense program was completed. National Steel proposed to add 240,000 tons to its ingot capacity and to increase its output of pigiron and coke.

See Also:

STEEL industry & trade; IRON; CONSUMPTION (Economics); EXECUTIVES; RATIONING; SCARCITY
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