The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-03-07

B1x4nsM-A peFxpectlxe On ne
aeferzse nr1xx 10 cate - far 9s y
can be rneaSare1 IN d0llaf1 h ~M
~ = rNrox4 fw Ire othns e. Pro-
eactinn MaraerEasnt Il eaya that
81 q RenTunrv l. 6ezSfa2 c~0nkEacta
already awAr6eG Am9anted 20 g.
pSr cert q the entire dnzne1far eon-
ssructtcn ard armament Wocurt-
meat pruzrnxn Il ruuno nihtanA
Il means contracts had heen awAr6-
Cd then for almost u % une sztxhtiy
more aaAn Is bflitsn dollars worth
q -autnWu4ttcnA AWwcSgtnNofse
and loan AKre<gnents~ which cou-
sutute. to GATE car defense pro-
KrRsn. Tne report said most o. the
lohs making I'D this total VIII Be
completed b July Of lqt1-sath the
mAlcr exccptton Of Mxge naval vca-
kesk which n some cases w91 re-
Qutre four years 10 caxnplete. The
total figures 90 not Include mozleys
to be paid IN salaries for military
forces. nor for various civilian
training programs.
Brcakdown-The lisa of major
clAsxffications In the above VII
give sosne idea of the relative actsv-
ity m vartous fieids that Sc 90 make
up The whole program Naval ves-
@h lead the list with awards total
tng sA87Ulon0l0 oo. alrplAnes ers
next. ct s21sa0o0ao0 worth Of con.
trscts let: ammunition and explos-
ives account for 81 1000 600 and
an item described Is industrial
facilities" ia down for 81. fsoo0a DOS
worth Others: artillery and small
arms" rates sSe000o.0 600. an arras
Of physical establishments described
IS posts. stations. cepotS and for
ttficattons accounts for ts600oo0oc
Other items IN the last m Cloth.
ing. equipment and subsistence
tanks and combat vehicles. stock.
piling OF strategic raw materials
and supplementary housing.
%
-Know-How~--prtme example d
how the experience and manufac.
turing technique gained BIZ certain
u. 8. Industries during lean year
when there was little demand fol
their products has become OF greAi
importance IN meeting the sudder
demand Of the national defens'
program Is the magnesium fabrtcat.
ing industry. says Wiser Brown
president Of American Magnesium
corporation. His FIRMS output O
magnesium castings has already
been stepped up TO 20 times IN.
normal pcacettme demand expert,
enced by Il In 1888. Now purchas,
Of four buildings and land a
Bridgeport, Conn are TO be usec
for further immediate expansion
Total employees OF the concerns 81,
plants now exceed 1000. viii b.
nearer $500 by mid-i942. Know.
how" in fabricating magnesium Eek.
tremely volatile Ia the molten state
acquired during years when the in.
dustry was experimenting and At.
tempting 70 develop q market Is /
valuable factor in making sucf
speedy expansion possible. Brown
said.
Question and Aaswer-In wash.
ington. Attorney General Amole
has under way q probe 70 answeI
the Question-has monopoly reared
It's ugly head In the food indus.
try7 In the same city at least one
answer Is contained IN q mono.
graph just published by the Temp
orary National Economic Commit
tee-better known as the Monopoly
committee. In q special report C
that group. written by DR.. A. c
Hoffman. Department OF Agriculture
economist. he says ~the nearest
thing to monopoly we have ever had
In grocery retailing was the old
village grocery store" Citing the
growth Of chain stores as food dis
tr~toution's outstanding development.
Hoffman called II q natural ad-
tustment Of economic institutions. :
Legislation designed to "penalize
and limit the growth OF mass dis
trtbutiofl he called tmpracticable
and unwise. pointing out that mass
distribution has advantages. from
the standpoint Of reducing food
costs. which are clear and incon-
trovertible."
o
Bits o Business-For the 10th
successive week. loans to business b
reporting member banks Of the Fed
eral Reserve System showed a week
~ gain-one OF the surest sigas Of
expanding business activity. for Il
Is . gauge Of embarkatfons upon
new enterprise and expansion Of