Plant Disposal Policies and Light Metals
Disposal of the federal government's billion-dollar investment in aluminum and magnesium plants will provide the first major test of the mechanisms established in the Surplus Property Act of 1944 to deal with the government's huge holdings in war production facilities. A program for liquidating government aluminum plants was submitted to Congress, Sept. 21, 1945, by the Surplus Property Board.1 A program for disposing of government magnesium plants was submitted by the Surplus Property Administrator on Dec. 7. Congress interposed no objection to the aluminum plan within the time allowed by law. It will have until the end of January to consider the magnesium plan.
Aluminum production in the United States increased sixfold, and magnesium production ninefold, between 1939 and 1943. ...