Why is one 340 connecting rod bronze color?

It was undersized and they sprayed metal to make it in tolerance....
Wrong. Copper is way soft and would not hold up to the beating of a rod journal or piston pin can dish out. Copper is the material but it was done merely for corrosion resistance. I have seen engines with all of the rods copper coloured. The bean counters surely put a stop to it. J.Rob