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Even for those companies who had the cash and foresight to build up inventories, things will not be the same. OPM wants fewer model types, and fewer sets of those. It thinks a company making 25 models could cut down to eight or ten; portables may be dropped altogether. This changeover would save much labor, machines and floor space which might be used for defense. The big companies have already begun to take on defense orders, keeping their men at work. Most of the smaller ones lack the technical equipment...

Author: /time Magazine | Title: Business: Get Out and Dig | 6/23/1941 | See Source »

Last week an armored division, a motorized infantry division, and aircraft practiced together at Fort Benning, Ga. In the U.S. Army, this event was news. Hitherto the Army has had neither the equipment nor the foresight to play at such modern elementals on a realistic scale...

Author: /time Magazine | Title: ARMY: First Primer | 6/2/1941 | See Source »

Because of the foresight of its management, the bindery obtained before the war $10,500 worth of supplies, which is now in stock in the Memorial Drive building. Because of this extensive backlog, the Bindery will be practically self-sufficient for the next two years...

Author: By Dana REED ., | Title: Bindery Repairs 13 Miles of Books | 5/23/1941 | See Source »

Wise old (77) Representative Robert L. Doughton of Laurel Springs, N.C. had displayed his usual foresight. Ready was the Congressional tax expert, round-faced Colin F. Stam, with a much less direct approach to the voters' wallets. Mr. Stam brought in a list which tapped the middle-incomers much more lightly by income taxes but clipped everyone much more thoroughly via indirect or nuisance taxes (see Table, p. 22). True, Mr. Stam's income taxes do not pretend to bring the U.S. in as much new revenue as the Treasury's ($1.1 billion against $1.5 billion...

Author: /time Magazine | Title: FISCAL: The Hard Way | 5/5/1941 | See Source »

Provincial Foresight...

Author: /time Magazine | Title: Letters, Feb. 10, 1941 | 2/10/1941 | See Source »

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