Article clipped from Wisconsin Rapids Daily Tribune

That kind of verbiage is enough to stop even the most enthusiastic of the government report thum-ber-throughers but as isn’t always the case in these releases by any means, this one earned a reward for patience. Tucked away among those precious adjectives and over-ripe phrases was some pretty hot stuff about industrial diamonds.For example, the Dutch and Belgian merchants, fleeing their native lands before the Nazi invasion, carried nearly all their diamonds with them and the axis powers are so short on industrial diamonds today that they are cutting up gem stones to use in the drills and cutters of war industries.Only a few weeks ago. FBI agents arrested three Japanese merchants and charged them with trying to sneak out of the country with $50,000 worth of industrial diamonds.The Italian government maintains its only existing South. Atlantic airline (L.A/F.L flying from Brazil to Italy) with a major purpose of transporting this valuable light-weight cargo for use in axis war machines.The United States imports three-fourths of a ton (3.809,000 carats) of industrial diamonds a year now, about 14 times as many as it did seven or eight years ago.* * * jDefense industries would come to an almost complete stop if the supply of industrial diamonds suddenly was shut off. They are used in the manufacture of ships, airplanes, tanks, trucks, guns, bomb-sights, range-finders, telescopes, submarines and copper wire among other instruments and machines of war.,Industrial diamonds cost about $2.86 a carat, compared to $325 to $650 a carat for top quality gem diamonds.Brazil, a power in the diamond world in the eighteenth and nineteenth centuries, is booming again as result of the vastly increased world demand.
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Wisconsin Rapids Daily Tribune

Wisconsin Rapids, Wisconsin, US

Sat, Dec 06, 1941

Page 11

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NV, USA 02 Oct 2023

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