The whole pellmell, damn-the-expense, U.S. war-production program collided in a hundred places at once this week with the steel shortage. The crash could be heard from Berlin to Tokyo. For the U.S., it was news calculated to humiliate the world's most production-proud nation more than a military defeat.
≫ For lack of steel the Maritime Commission canceled its biggest single contract for 200 sorely needed Liberty ships. So doing, it junked $10,000,000 worth of preliminary work on the $65,000,000 assembly-line shipyard being built by Andrew Jackson Higgins in New Orleans.
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