| OCR Text |
Show 57 a primary vjJal determinent of importance of both steel meeting competition because existing, particularly and the markets sources, for in the as of the low which are of specific value contrasted to the great West, between products raw material's produced in are the region IS plants. Prior to the 1948 decision in the "Cement Case" freight costs that time. steel Transportation charges materials and the finished steel, raw distances in pricing policy. were 1 not of Under the as the great importance to absorb in distant markets to a Supreme Court of basing-point system as has been the basing-point pricing system, companies tended competition outlawing the United States by a pricing, case since large percentage part of the freight of rate to enable permit plant operation at, or near, capacity production. The comparative status of water, water-rail, and all-rail portation charges have been of vital significance establishments competing Sparrows Point plant of tidewater near tion in the the Bethlehem Steel its products Point Plant to Pacific Coast Ports T. C. a vs , on et iron ore products from a I,.; at most favorable posi 333 U. S. from the the their return voyages. Cement Institute, The to the Pacific Coast via Company-owned ships bringing West Coast of South America carry various ma;'ket. Corporation, located Baltimore, Maryland, has enjoyed the Panama Canal. steel-producing for positions in the Western transportation of many of IF. to trans Sparrows Until recent 683 (1948). |