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Show SCHWAB CALLS STEEL MEN TOJiPEREiCE Must Speed Up Manufacture Manufac-ture in Order to Supply Government Needs. . j PHILADELPHIA, July 25. Charles M. ' Schwab, director general of the emergency fleet corporation, today called a conference confer-ence in New York for Monday of repre- , sentatives of all the big steel plants to devise means for keeping the government supplied with steel, so that the war program pro-gram will not be interrupted. He said the shipbuilding program now caLled for a total of 4,000,000 tons a year. "We now are getting steel at the rate of about 3,500,000 tons annually," Mr. Schwab said. "That amount would suffice suf-fice If "we had been able to build up a reserve in each yard on which to fall back in emergencies. Until we have such an accumulation in the yards, the larger figure of shipments will be essential. There rs nothing to do but to speed up and get it." Mr. Schwab returned from the Pacific coast chiefly to take up the steel situation, situa-tion, complicated by the many demands by the government, the allies and the less essential industries of the country. He declared himself delighted with his trip west. "The whole country is thrilled with a patriotic impulse," he said. Reduced submarine sinkings in June were declared by Mr. Schwab to be one of the most hopeful developments of the war. ' He pointed out that deliveries in June from American shipyards alone to- , tailed 75 per cent of tho tonnage sunk. ! The big Hog Island yard, yet to launch Its first vessel, is about 95 per cent complete, com-plete, Mr. Schwab said, and would be finished at a cost of approximately $55,-000,000. $55,-000,000. the excess over estimates having been caused by the rise in the cost of labor and materials, which has aifected every big building project. |