The potters herald. [volume] (East Liverpool, Ohio) 1899-1982, 1943-06-03

1dClOIldI economy lOI Wal, SONeI
dustry toward a sound postwar
A job for everybody after t
it as much as possible without d.
eral subsidies.
Progress for the process is 7
lation or in newspaper headline
Congressional Investigations, of
mittees and subcommittee upo
aid and encouragement in directions
that will not only best aid the war
effort but also build sound industry
foundations Much Of the emphasis IS
against monopoly and in favor OF Il
reasonable diversity of industry.
Consider steel, for instance Con
gress is doing it. Several committees
are interested in breaking up this un-
.wieldy concentration of industry and
power and are making committee
recommendations. But the BOykin steel
shortage investigation of the House
Merchant Marine and Fisheries Com
mittee is responding to the country 5
persistent demands for Il probing ana
exposure of the forces that retard
greater war output of steel. 4 sym
pathetic consideration has been eX-
tended localities retarded by shortage
of steel \ giant wave of interest has
arisen demanding the erection OF new
small local iron and steel plants, inde-
pendent of the big steel corporations.
to Lott known
through members of Congress, that
states with iron ore deposits-and 26
states have them-will be given gov
ernment support for the development
of local resources if the enterprise Is
financially sound.
Among the states which are actively
working for establishment Of local
iron and steel plants, and which can
thus serve local steel fabricating
plants, are Washington, California,
North Dakota, Minnesota, Connecticut,
Virginia, New Mexico, and North
Carolina.
Connecticut and Virginia are inter
ested in the revival of the iron and
steel production for which they were
once famous. Connecticut forged the
first steel bar made I'm the United
States. This Is the first war In which
Connecticut steel has not played II big
role. Virginia is dotted with ruins of
iron mines and foundries which were
prosperous before the big steel com
binations forced them out of business.
In Washington Il new 80 million
dollar corporation Is being set "up 10
mine ore and make finished steel for
the growing local Pacific Coast in
duStries. Surveys OF deposits, loca-
tOns, and markets were just compiled
by the noted engineer, ii. \. BrasSett,
the builder of Corby and Elbow Vail
In Britain and Provo, Utah, plants.
Minnesota, which supplies most OF
the ore for Pittsburgh district steel
mills, wants its own steel mills, and,
lacking native coal, Is working with
Ignite deposits for fuel. North Dakota
also will build its own steel mills.
Railroad cars would move ore one way
and Ignite the other way. The two
state governors have organized Il con
ference which will come to Washing
ton June to testify before the Boykin
committee.
No state has been more aggressive
than North Carolina In seeking de
velopmenl of its coal and iron re-
I
ton looks at the situation from n ma
tiona point of view as we'll. Here Is
what he told the Boykn steel Short
age Investigations
The war has acceni,iatcd the plight
OF small business and industry In this
country, and while some OF these re
suits may be inevitable, ii Is undoubl-
eddy true that many whose ideas run
Ia monopoly and exploitation have
been quite ready to use the war emer-
gency To further these designs. II has
been necessary To resist monopoliStic
tendencies In time of peace; II Is no
less important and Imperative that
such tendencies and efforts should be
vigorously resisted in time of war"
Governor Broughton also calls at.
tcniion to the fact that the same
American ingenuity that made the
blast furnace such II success for large
steel companies has now developed
snail furnaces capable of making good
quality iron economically, by direct re-
duction to sponge iron, II process using
hydrogen gas or her low cost fuel
instead of coling coal.
My own state of North Carolina
undoubtedly has iron ore resources
which under fair conditions may he
developed in such way aS to encourage
small industry and ut the same time
serve the war program and the ulti-
mate needs of peacetime operations.
We need only reasOnabl" encourage
ment from governmental agencies,
faircr freight rates, and freedom from
monopolistic domination and intimida-
tion for these substantial resources tO
be developed. Undoubtedly the surest
guaranty of continued progress in
America In keeping with the spirit of
our democracy Is TO give encourage
ment, hope and opportunity for the
L a