Engineer Gano Dunn, author of one optimistic report on the adequacy of U.S. steel capacity for war needs (TIME, March 10), gave Franklin Roosevelt his second guess last week. Nub: next year the U.S. will produce 6.4 million tons of steel less than it needs.
Dunn's first report was a godsend to Franklin Roosevelt, who needed good news at the time. Skipping its many ifs, he broadcast its cheerful conclusion: that in 1941 we would have a 10.1-million-ton surplus, in 1942 a 2.1-million-ton surplus, after all military, export, and normal civilian needs....
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