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The article focuses on the Tredegar Iron Works, an iron foundry which has provided munitions to the U.S. Army for four wars. The business was founded by men named Dean and Cunningham in 1836. It has been producing locomotives and strap rails before the war. The Army praises the kind of quality present in the munitions being provided by Tredegar.

Comments on the impact of the New Deal on the metalworking industries in the U.S. Citation of numerous suits to recover processing taxes; Affirmation on the need to reform tax policies for metal workers; Coverage of proposals to provide subsidies to the affected industries.