63 which was proceeding with great haste at the time--was matched by peacetime production of 79>1^3277 long tons 20 in 1948. Remembering that a great deal of existing machinery and equipment was devoted to war ends during the lpUOs, one readily can understand the consequent assumption that wars have made exceedingly heavy demands upon metal resources. But the diversion of metals from domestic to war industries for short periods of time did not constitute a significant drain on metal resources when compared to the total metal demand exhib ited over the past hundred years for non-military uses. The output of the steel industry during wartime has come to be exceeded each year by the demands of the domestic economy; even if all the metal produced during the war years had been lost, the amount of metal lost due to wars would not have begun to approach the amount of iron mined, fabricated, and put to use in the economy over the past hundred years. Between the two great wars, the production of steel for use in ordnance was insignificant. During periods of peace following World War IX, it amounted to only two or three hundred thousand tons of steel per year, and even during the Korean conflict it reached a maximum of only three million tons.^^ 20 Historical Statistics, p. 4l6, Series P-203* 21 Landsberg, Resources in America's Future, p. 870, Table A16-3*