Streater Crane and Clam Die aka Boat Anchor
Streater was instrumental in getting Tonka into the toy manufacturing business. The Streater clam, one of two of the earliest Tonka Toys, became Tonka model 150 Crane and Clam. Model 150 and the Steam Shovel model 100, also a Streater design using the same tooling as the Crane and Clam, proved to be very popular with kids. At the end of production life, the tooling probably sat in storage until someone decided to clean house. Instead of being placed in a display case in a museum, this historic tooling was relegated to life as a boat anchor.
The Streater boat anchor is now in the hands of Tonka enthusiast Denny Sullivan. He reported that there were several coats of paint that had to be removed that more or less preserved the steel. After hours of cleaning, there is little doubt this chunk of steel helped form the body of the Shovel and Crane and Clam. Denny debated removing the eyelet. He did the right thing I believe, to leave it attached. It adds to the story-line.
If you want to learn more about the Streater connection, there's a wealth of information on this companion website.