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...greatest program to provide J. dollar exchange for Europe since the Marshall Plan is the Offshore-Procurement Program. Through OSP, the U.S. buys war materials from European factories to equip NATO armies. In dollars, it amounts to far more than U.S. citizens spend through normal trade channels for Swiss watches, French wines or British sports cars. Yet, for all its size and importance, Offshore Procurement is one of the least talked about and least understood of all the many props the U.S. has built to bolster its allies...

Author: /time Magazine | Title: IS It a Godsend or a Giveaway? | 3/1/1954 | See Source »

...some, OSP sounds like a gigantic giveaway. Since 1952, $2.5 billion has been set aside to equip NATO soldiers with everything from Italian minesweepers to German radios. "We just buy from them what they need," quipped one brasshat, "and give it back." On the other hand, many careful planners think OSP is a godsend-the cheapest, most efficient way for the U.S. to defend itself. With OSP dollars, they argue, the U.S. gets such unique military bargains as the services of the Turkish army, which fights gallantly...

Author: /time Magazine | Title: IS It a Godsend or a Giveaway? | 3/1/1954 | See Source »

...began. Roosevelt was an interventionist. He saw the invasion of Belgium as a desperate threat to the fabric of international law. and denounced Wilson's "spiritless neutrality" in the face of it. ("I should have backed the protest by force.") Repeatedly he offered to furnish and equip a volunteer cavalry division for emergency war service. ("I and my four sons" were to be among its officers.) He was consistently turned down. He sat the war out, a "slacker malgre lui,'' ljut his sons went overseas with the Army as fast as he could get them there...

Author: /time Magazine | Title: Books: A Constructive Radical | 3/1/1954 | See Source »

Airlines employ large crews of ground service men to inspect, equip, and overhaul aircraft. Included in this group are radio maintenance men. Requirements for these positions are one year of experience in construction, maintenance, and repair of aircraft, but not necessarily a college degree...

Author: By Stephen L. Seftenderg, | Title: Aviation Begins Its 2nd Half-Century | 12/17/1953 | See Source »

...past 18 months, Pakistan has been privately urging the U.S. to re-equip its 250,000-man army (at a cost of some $250 million) in return for air bases within striking range of central Russia. To U.S. military planners, such an exchange had obvious merits...

Author: /time Magazine | Title: PAKISTAN: Leaping to Conclusions | 11/30/1953 | See Source »

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