Word: armaments
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Died. William S. (Signius Wilhelm Poul) Knudsen, 69, plain-spoken mass production genius, who left the General Motors presidency in 1940 to direct the U.S. armament program; of a cerebral hemorrhage; in Detroit. Danish-born "Big Bill" Knudsen arrived in the U.S. with $30 in 1899, went to work in a shipyard, got a job in 1911 with Henry Ford and became his right-hand man. After a policy row in 1921, he went over to G.M. and soon made Chevrolet the competitor that killed the Model...
...wanted and had to maintain Krupp, in spite of all opposition, as an armament plant for the future, even if in camouflaged form." In these words, in 1941, Gustav Krupp von Bohlen und Halbach told how his giant munitions trust had helped arm the Nazis. For this and other brags and deeds, the U.S. put Krupp high up on its war criminals list...
...earnings and general prosperity, last week drifted down to a new low for the year, traders began to wonder just what Wall Street would consider encouraging news to investors. In midweek they found out. President Truman's speech to Congress, which seemed to promise a baby armament boom, started stocks moving up. At the same time, the prospects for earlier passage of ERP promised a boost to sagging exports; and the hope that the income-tax cut could probably be passed even over a presidential veto promised to help business all along the line...
...going to hold and "in any event when the Communist Party gets through using him, they'll drop him like an old shoe." Reuther disclosed that the CIO will "very shortly" speak up on foreign policy after re-evaluating its general political position in terms of the President's armament proposals. When or if Truman is junked by labor, the flux period that follows may well become Koy Chapter in the growth to stature of a bright young man and the latest "bright new promise...
...appears) and his two fellow-careerist apartment-mates n Manhattan. Ted lost his arm overseas; shorn of idealism and faith, overwhelmed with wealth that is the one ingredient he needs least for happiness, he ultimately ends his life. Lew Cole has changed his Jewish name for the sake of armament in the competitive world of radio. Peter himself fights the false enticements of The Newsmagazine where he sells his soul for handsome office trappings and scampering office boys. Through the lives of these three and the circle around them runs a pattern of restlessness and failure to find self, high...