MINING: Silver in Uniform

The greatest boondoggle the world has ever seen—the U.S. silver purchase program—is turning into something useful after all. Deep in the supersafe vaults at West Point last week scores of husky youngsters lifted heavy silver bars from brick-like stacks, started them on the road to useful work in war plants (see cut). Before long more than 40,000 tons of silver, which cost the U.S. about $675,000,000, will be lend-leased to war plants for the duration.*

Biggest single chunk of uniformed silver will go to Aluminum Co. of America, which needs at least 14,000 tons for electrical conductors formerly made of...

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!