The U.S. rubber situation is getting really grim.
Columnist Raymond Clapper reported last week that the U.S.
Army is about to replace rubber treads on its tanks with steelthough the changeover would entail a 10% loss in tank speed. Chief reasons for the Army's new spirit of self-denial:
> The loss of the Dutch East Indies and the threat to Ceylon have forced the U.S. to cross more than 100,000 tons off its list of hoped-for raw rubber.
> Russia needs enormous new rubber supplies, and the U.S. stockpile (500,000 tons) is the...