Word: indus
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Dates: during 1940-1949
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...World War I, U.S. indus try had on its hands $3,600,000,000 in un delivered war contracts. When World War II ends, U.S. industry may be buried under $75,000,000,000 worth. How this Atlantean burden may hamstring recon version to peacetime production, by tying up capital, is a nightmare to many a U.S. businessman...
Last week the War Department took the first comprehensive step to help indus try to get out from under its terrifying load when the time comes. It established an overall policy to cover termination of all Army contracts. It also set up simple, workable regulations to implement it. The policy will not have to wait until war's end to be tested. It is being tested now; already contract cancellations and production cutbacks caused by the changing needs of war, or oversupply, total billions...
Which Way to Turn? For those who run _ trialists, Germany - Junkers - Nazis, the summer militarists, of indus 1943 posed one paramount problem: now that military defeat is growing closer, now that psychological defeat is imminent, could Germany still gain victory in the peace? There were two possibilities: 1) conditional surrender to Britain and America; 2) making terms with Russia...
...golden tourbillions will cascade fire down the night sky. There will be no blinding saucisson shells, no bengolas, no spidery pyro cuttlefish, no earwhacking bombshells, no climactic Niagara Falls. The U.S. is without its tradition al fireworks (except for a few bootleg pops) because the whole fireworks indus try has become a sizzling skyrocket...
...Synthetics. Eight of the vitamins are now produced by the chemical indus-try in pure form, identical with the plant or animal product...