After more than two years of worried debate, the U.S. finally decided what to do with its war-born $700 million synthetic rubber industry. Last week a House subcommittee, headed by Michigan Republican Paul W. Shafer, unanimously approved a bill* which the Administration also heartily endorsed. The bill's prescription for the bouncing war baby: permanent adoption by the Government.
Under the bill, the Government would operate—or lease for operation—enough synthetic rubber plants to produce at least 225,000 tons a year. Plants with a capacity of another 450,000 tons a year would be kept in readiness. The rest of the plants (rated...
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