To Midwest farmers, there was good news last week from the little town of Baxter Springs, Kan. (pop. 4,921). The news: the RFC-owned Jayhawk Ordnance Works, giant producer of chemicals for wartime explosives, had been taken over by a private company to make badly needed ammonium nitrate fertilizer. Jayhawk expected to become the world's largest maker of it, cut $3 to $4 a ton off prices to farmers.
The man who expected to do this was a Kansas City coal man named Kenneth Aldred Spencer, president of the Spencer Chemical Co. He got...
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