An Analysis of Profit, Loss, and Subsidy in the American Steel Industry: A Letter Exchange from 1946
- Identifier:
- CAC_CC_047_1_7_6_0004
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Title:
- An Analysis of Profit, Loss, and Subsidy in the American Steel Industry: A Letter Exchange from 1946
- Date Created:
- 1946-01-26
- EDTF:
- 1946-01-26
- Creator:
- unknown
- Rights:
- http://rightsstatements.org/vocab/NKC/1.0/
- Language:
- eng
- Record Type:
- correspondence
- Collection:
- George B. Schwabe Collection
- Collection Finding Aid:
- https://arc.libraryhost.com/repositories/3/resources/37
- Description:
- 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.
- Topic:
- Constituents communication with members of the United States Congress
- Congress:
- 79th (1945-1947)
- Physical Location:
- CAC_CC_47_1_0000, Box 7, Folder 6, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
- Location Represented:
- United States (nation), Oklahoma (state)
- Type:
- Text
- Extent:
- 2 Pages
