Word: armaments
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...over the U. S., manufacturing towns were changing overnight under the impact of orders for defense; in Army camps the first 128,000 drafted men were in training; the U. S. armament program was in second gear-and only the White House knew how well or how badly it was going. Beyond U. S. borders, beyond the Western Hemisphere, events hung in the balance from Ankara to the borders of Indo-China-but only the White House knew how greatly U. S. action could affect their outcome. The President had long, since stated to the U. S. the meaning...
Emergency? No word came from the President last week (nor from the reticent visitors to the White House) as to how well or how badly he believed U. S. armament was going, how strongly or how weakly the U. S. had grasped the needs of the moment. But from one man close to him came a flat warning: U. S. production was worse than any man had reason to expect; the U. S. state of mind was far from reassuring. In Manhattan, to the Overseas Press Club, former Ambassador William Bullitt said: "If we cannot now get into production...
...feud began in 1938, when MacLeod's Magazine-sister publication of the Post -published an article called "Canada's Armament Mystery." Written by Lieut. Colonel George Drew, it exposed a deal wherein the Government financed a private company to manufacture Bren guns for Britain at over-lush profits. Two days later the Post led a press crusade for a Royal Commission investigation. The Government denounced the article as "scurrilous and irresponsible." But two and a half years later, with Canada at war, the Winnipeg Free Press broke the story that the old Bren gun contract had been canceled...
Williams, Hansen and Harris took the position that the cessation of United States armament outlays would constitute a severe shock to the economy after the European war was ended. The best way to mitigate the shock would be for the Government to embark on a program of directed, controlled deficit financing. During the armament boom, the national debt can be expected to rise, but this fact should not be permitted to interfere with rational methods of dealing with a possible post-war depression...
...occurs to many a simple citizen of North America that in selling anything even as lethal as pop bottles to the Japanese their Governments are simply fattening up a snake. And yet the sales of armament materials...