The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1918-07-17
HOARDERS OF Steel
MUST Give Up SURPLUS
Government Expects to Take an In
ventory of All Steel Supplies in
the Country and Determine
Amount Needed to Win War
-Seel for No either Pur-
pose Can Be Had

NdSIlillSlOIl, July IO.-li.NcntofleS
Of all steel or hand j., the country is
being demanded by. the government,
at once, together with estimates Of the
amount Of steel to be needed during
the coming year. The government al
so is taking stock Cf its own supplies
and needs.
On the basis of the showing Of these
reports, steel schedules Of the coming
year will be planned by the war in
dustries board. 1t may find it neces-
sary to further cut the allctments Of
the nonessential industries, :,
ask the war finance board for action
to stimulate the construction of new
mills for the production Of additional
steel. A part Of the latter develop
ment was the granting of $20,OOo,000
new capital to the Bethlehem Steel
Company yesterday.
Government requirements of stees
this year are running far ahead Of es-
Inmates. The shipbuilding program is
eating up great quantities Of steel
that earlier schedules had left free for
other consumption. Speed in construc-
ton is pushing two ships down the
ways where one was the original plan.
The additional steel must be found for
these
NoncsscntialS and new surplus
steel must furnish this. Building con-
struction is to be sharply contracted.
No steel will be allotted for this pur-
pose unless the buildings directly con-
; tribute to the win-the-war program,
such as foundries, furnaces, airplane
factories, ordnance plants, shipyards
or buildings for government offices or
to house war workers. Public build
ings and big commercial buildings
must wait until the war ends.
Hoarders of steel are to De forced
ments own "cost plus" contracts have
made it possible for contractors in
some instances to get steel under pri-
or'ty orders in excess Of their actual
nee DIS. They have resold this, Ipr have
boarded it. In the latter case, this
! surplus will show on the sworn inven-
. tories they must now give the govern
ment and it will be taken from them.
In the former case, it will show on
/ the Inventories Of the concerns to
whom they have sold it and these pur-
chasers will be forced to declare
whence it came.
| Such steel profitcers and volators
OF their agreements with the govern
ment are threatened with business en-
tlnctiOn by the war industries board.
The board has discovered also thatf
certain large manufacturers who useI
steel in their products and have been)
buying it under priority orders from
the board have been rcselling the steel
instead Of using it in their business,
In this way the steel has been falling
INTO the hands of other industries
whose supply has been limited.
No steel can be bought from any
mil IN the country without a priority
order from the board. The board
warns that it will refuse further pri-
orlty orders to any concern that sells
steel purchased under them. This
would cut off from such concerns any
further supplies and automatically
shut their doors for the duration Of
the war.
The board later may decide to re-
fuSe priority orders to any concernI
that may be caught buying steel fromI
another concern, which has secured it'll
on priority orders. Such an orderI
would close those concerns for thel
same period.
steel moving under priority or
ders can go only to the industry toll
winch the order was issued" saws III
. Leonard Reploglc, head of the steelE
DIVISION of the war Industries board
10 permit such purchasers to reselH
II without our consent would defeatE
the entire purpose Of our prioritied
control Whoever violates this orde1E
does so at his own risk"
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