By the deal, the biggest in steel industry history, Bethlehem Steel Corp. would get enough scrap to keep its five eastern plants running for at least four months. The only trick was to get the scrap to the U.S. from the jungles of 16 far Pacific islands, where it lies among great dumps of war surplus. But Bethlehem Steel, which had contracted to pay $30,000,000 for the scrap, hoped to get the first shipload in a month. To the scrap-starved steel industry, it could not come too soon.
Not even Bethlehem Steel was sure how much it had bought. It hoped...
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