Word: goals
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Dates: during 1940-1949
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When the Treasury last week totted up final returns of its Second War Loan Drive, it found total subscriptions of $18,533,000,000-$5,533,000,000 more than the goal set. And commercial banks had been allowed to subscribe only their $5 billion original quota. Most of the over-subscription had come from noninflationary quarters: from business firms, insurance companies, savings institutions. Thus $13½ billion was taken from noninflationary sources, $2½ billion (from individuals) directly out of the yawning inflationary...
...deep breath and wrote it for the record: general induction of U.S. fathers will have to begin in August. Long expected, the announcement was forced last week by varied circumstances: draft quotas were running slightly behind schedule; the armed forces were still far short of their 11,000,000 goal; Congress was restively toying with bills to limit the draft...
...Last week FORTUNE, in a special supplement, fourth of a series on The United States in a New World, made a frontal assault on this intellectual Festung. Compared with much postwar thinking in the press about Europe, the proposals of FORTUNE'S editors are direct and bold. Their goal: "to create a new Europe. We are no more 'realistic' than that." But readers who could remember back before Hitler, before the Depression, recognized that much of FORTUNE'S brave new Europe was in a high old tradition, had been dreamed again & again by Europeans themselves...
...successfully bypassed the coal operators and the War Labor Board. As the week began, chances were he would win a guaranteed six-day work week for his bituminous miners ($7 a day for five days, $10.50 for the sixth), and perhaps even a guaranteed annual wage, which was his goal. The Government as an employer could afford to pay any amount, for the Government as a wartime customer needed all the coal the miners could dig. After a suitably decorous interval WLB would approve the new contract (retroactive to April 1), and the mines would be returned to the helpless...
...tons (on a pig-iron basis) must be stored up to carry steel mills through the next big freeze. That means not much more than 50,000,000 tons of pig for this year on a net basis. Added to this, 1943 's 41,500,000-ton scrap goal (half from mill waste, half purchased) is just barely enough to turn out the hoped-for 92,000,000 tons of steel ingots...