Last week, day before Japan threw a scare at the U. S. by signing a pact with Berlin, President Roosevelt struck a blow at Japan. He prohibited the export after Oct. 15 of all U. S. steel scrap, except to Great Britain (now U. S. scrap customer No. 1) and countries of the Western Hemisphere (which means Canada). But Japan depends on the U. S. for practically all of her scrap, is U. S. scrap customer No. 2 at present. The embargo, as the Japs knew, was aimed at them.
This was one...
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