Business: New Deal for Harvey

Leo M. Harvey is a Los Angeles aluminum fabricator who doesn't give up easily. He was all set to get a $46 million Government loan to make him the nation's fourth producer of aluminum (TIME, Oct. 1) when Interior Secretary Oscar Chapman blocked the loan. Chapman did not like some things he had heard about the Harvey company's work for the Navy during World War II. Bitter at the turndown, Harvey grudgingly went to the giant Anaconda Copper Mining Co. with a proposal. He knew that Anaconda was eager to find a steady source...

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