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INQUIRY INTO THE STRATEGIC AND CRITICAL
MATERIAL STOCKPILES OF THE UNITED STATES

1.S. Connmcs, Senate, Committee on Armed Services,

HEARINGS

BEFORE THE

NATIONAL STOCKPILE AND NAVAL PETROLEUM
RESERVES SUBCOMMITTEE

OF THE

COMMITTEE ON ARMED SERVICES
UNITED STATES SENATE

EIGHTY-SEVENTH CONGRESS

SECOND SESSION

ON

STOCKPILE EXCESS DISPOSITION ACT OF 1962, PLATINUM,
TIN, AMERICAN CHROME CO. CONTRACT

83502

JULY 18, 19, 23, 31; AUGUST 1 AND 3, 1962

PART 5

Printed for the use of the Committee on Armed Services

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1962

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SUBCOMMITTEE ON THE NATIONAL STOCKPILE AND NAVAL PETROLEUM RESERVES OF THE COMMITTEE ON ARMED SERVICES

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UNITED STATES OF AMERICA
12-3-48

CONTENTS

67
612

8816
3√

HEARINGS

August 3, 1962 (tin-continued)..

Page

1711

Beall, Hon. J. Glenn, a U.S. Senator from the State of Maryland, letter
dated July 20, 1962, to Senator Stuart Symington...
Boutin, Bernard L., Administrator, General Services Administration,
letter dated June 26, 1962, to Senator J. Glenn Beall
Brooks, Louis, Deputy Director, Credit and Finance, GSA, letter dated
June 25, 1962, with analysis of losses enclosed, to Matthew Hale...

Farrell, T. F., Deputy Administrator for Resources Expansion, Defense

Production Administration, letter dated July 9, 1951, to Hon. Jess

Larson.

Hickman, Leon E., executive vice president, Aluminum Co. of America, let-
ter dated June 20, 1962, to Office of Emergency Planning

1714

1539

1713

1714

1444

1473

ΙΠ

Holderer, George B.:

Letter dated April 17, 1952, to Estey A. Julian, president, American
Chrome Co..

Page

1676

Letter dated Oct. 8, 1951, to Frank Eichelberger..

1655

Letter dated Oct. 20, 1951, to Frank Eichelberger..

1656

Julian, Estey A., president, American Chrome Co., letter dated April 21,
1952, to John Ford..

1684

Rolle, Carl, assistant vice chairman, stockpiling program, letter dated
August 14, 1951, to Mr. A. J. Walsh..

1602

Russell, Johnston, Director, Credit and Finance Division, Office of Fi-
nancial Management, GSA, letter dated August 23, 1962, to Mr. Rich-
mond C. Coburn_.

1589

TABLES AND CHARTS

Cost of investment, December 31, 1952, American Chrome Co., table..
Schedule of mining royalty expenses, American Chrome Co., table..
Summary of return on investment, by comparison of cost of investment
with income, American Chrome Co., table.

1703

1705

1709

Tin acquired under barter contracts executed by Commodity Credit Corpo-
ration, table....

1726

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World's production of tin (not including U.S.S.R.), table

1732

MISCELLANEOUS

Zimmerman, Joseph, dated July 10, 1962

Coburn, Richmond C., dated July 19, 1962.

Stockpile Excess Disposition Act of 1962, proposed legislation..

1448

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