Record #:

21152

Author(s):

Urofsky, Melvin I.

Abstract:

North Carolina native Josephus Daniels became Secretary of the Navy in 1913 under Woodrow Wilson's administration. While Secretary, Daniels took on the steel industry which provided steel to armor Navy battleships at high prices. To encourage competitive prices, Daniels backed a government-owned armor plant which was authorized by Congress but never constructed. Though his threat lowered prices, Daniels never grasped the situation the companies were in where the government was virtually the only market and competition was meaningless.

Source:

North Carolina Historical Review (NoCar F251 .N892), Vol. 45 Issue 3, July 1968, p237-263, f Periodical Website

Subject(s):

Daniels, Josephus, 1862-1948