THE WEST: Mr. Olds Regrets

Big Steel's suave, diplomatic Irving S. Olds sat down with reporters last week in one of his infrequent press conferences. Up popped the question which is a red-hot issue in the West: will U.S. Steel buy the $200,000,000 DPC plant at Geneva, Utah —which it now runs for the U.S.—and operate it postwar? Big Steel's chairman answered: DPC and the company have not discussed postwar operation. He had another dampener for Westerners, who passionately believe that operation of Geneva is an absolute "must" if the West's industrial growth is not to be...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!