An Analysis of Profit, Loss, and Subsidy in the American Steel Industry: A Letter Exchange from 1946, 1946-01-26
Item — Box: 7, Folder: 6
Identifier: CAC_CC_047_1_7_6_0004
An Analysis of Profit, Loss, and Subsidy in the American Steel Industry: A Letter Exchange from 1946, 1946-01-26
The document discusses the issue of profit and loss in the steel industry, comparing the approach of United States Steel Corporation, which operates on a profit and loss basis, with that of Henry J. Kaiser, who has grown his business through government subsidies. The document criticizes Kaiser for accepting wage raises without concern for red ink, while United States Steel Corporation faces financial challenges. It also raises concerns about the influence of union leaders and the potential impact of a planned economy on private ownership and competition in the industry.
Dates
- 1946-01-26
Language of Materials
English
Access Restriction
This series is stored off-site and requires prior notice to access. If you wish to view these materials, please contact the Congressional Archives staff to arrange an appointment.
Extent
2 Pages
Overview
79th (1945-1947)
Repository Details
Part of the Carl Albert Center Congressional and Political Collections Repository