FRANCO’S STEEL DECREE WAS REPLY TO CRITICS
MADRID. General Franco’s recent decree setting up a State-sponsored steel concern entrusted with the task of doubling Spdin’s steel nroduction was his crisp answer to sharp criticism of the scheme by some industrialists. The decree setting up a company with a target production of 600.000 tons of steel a year was officially announced just 48 hours after the conclusion of a congress of 3000 industrialists and technicians at which the Government programme to raise steel output was criticised. Although the demand for steel has doubled in Spain since the civil war of 1936-1939. steel production remains virtually unchanged. In 1935. steel output was 594.000 tons, in 1948 it was 623.000 tons and in 1949 reached 625,000 tons. Steel mills in Spain, although in pari out-dated, could produce today 1,000,000 tons if more scrap and coking coal and electrio power were available—Reuter
Wedding Gifts: A lovely range ai prices to suit all at A. Stoneham & Co, Ltd., Jewellers, Gisborne.*
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Gisborne Herald, Volume LXXVII, Issue 23315, 26 July 1950, Page 7
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165FRANCO’S STEEL DECREE WAS REPLY TO CRITICS Gisborne Herald, Volume LXXVII, Issue 23315, 26 July 1950, Page 7
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