Word: armaments
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...militantly anti-Communist International Confederation of Free Trade Unions, which represents 97 unions in 73 countries, tossed a monkey wrench toward the machinery of Moral Re-Armament, the nondenominational, untheological, polite revival movement that evolved out of Frank Buchman's old Oxford Group. A report prepared by I.C.F.T.U.'s secretariat accused the Moral Re-Armament movement of interfering "with trade-union activities and [making] anti-trade-union efforts, even to the extent of trying to found 'yellow unions.' " M.R.A., it said, was undemocratic: "Buchman does not build up his movement from below . . . but from the ranks...
...Pentagon announced last week that within a month the 868th Field Artillery Battalion would be on its way to Europe, to be assigned to the NATO forces. Its armament: six of the Army's new 85-ton, 280-mm. cannons, designed for firing atomic projectiles. Five more atomic battalions will follow within a year, giving General Alfred Gruenther and his SHAPE high command a weapon which might, if the circumstances were ideal, neutralize the huge numerical superiority of Russian ground forces...
...targets of the Fifth Five-Year Plan are being successfully fulfilled," said he. As for the heavy arms burden, that would now take 20.8% of the budget, as against 23.6% in 1952 (western observers were thoroughly suspicious of these figures, knowing the opportunities the Communists have to conceal armament items in their budget...
...ARMAMENT Cutback The Army last week announced big cutbacks in tanks and trucks under its program to concentrate defense production among primary suppliers as military stockpiles are built up. The total cuts including earlier ones will amount to about $100 million a month...
With such help, Agnelli continued to expand Fiat in the '30s, entered World War II with the huge, new Fiat-Mirafiori auto plant. As one of Italy's biggest armament makers, Fiat was soon turning out everything from trucks to airplanes to machine guns...