The U.S. finally made a move last week toward its forgotten treasure-trove of a million-plus tons of scrap rubber (TIME, June 8). It even made a gesture toward putting the profit motive to work on the rubber shortage, by letting scrap dealers make a little money bringing in the scrap.
> Jesse Jones squeezed his moneybags, found he could afford to pay up to $25 a ton for scrap rubber delivered in carload lots. That makes the average old tire worth 25¢, up 7¢ in a week.
> President Roosevelt decided that, before...
To continue reading:
or
Log-In
