Word: knudsen
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...Conferred at length with Vice President-elect Henry A. Wallace; then the Cabinet; then with five Cabinet members, Defense Chief Knudsen, Senators Barkley, Connally, Harrison and George, Representatives Rayburn, McCormack and Bloom, Luther Johnson and Treasury Counsel Edward H. Foley Jr. Subject: new lend-lease bill to aid Britain without limit...
...print, would have heartened millions had the story been frankly told by a responsible spokesman. Technicians could and did find many sound objections to the plan. But the automobile industry did indeed have idle or nearly idle machinery, plant space, skilled men adaptable to aircraft production. Defense Commissioner Knudsen had long been hammering away to get that capacity into use, had a specific plan under way to do so (by last week, contracts had been let for four plants to put together bombers from assemblies and engines made in part by the automotive industry). Mr. Reuther had probably overstated...
...insiders in Washington last week had the impression that Walter Reuther had done very well indeed. According to these dopesters, Mr. Reuther had done his real spadework before he got any publicity. Reason for this conclusion was a certain similarity between Defense Commissioner William S. Knudsen's own, earlier plan to have automakers manufacture aircraft parts with new tools in both new and old plants, and Mr. Reuther's more vaulting proposal to have them also use old plants, tools, machinists. It was known that Big Bill Knudsen had visited his old stamping grounds in Detroit in October...
...made a deal with Defense Commissioner Henderson to let 100,000 tons of cheap Latin-American copper into the U. S. this year (TIME, Dec. 9). Last week from the Defense Advisory Commission came reports of a new study of copper demand based on the fabricating mills running on Knudsen schedule - three shifts a day, sev en days a week. On the basis of the U. S.'s using Latin America's capacity output (perhaps 600,000 tons a year), it estimated that the U. S. would still have a copper shortage of 300-350,000 tons...
...year's end the industry had expanded its floor space 30%. But its backlog was growing faster, was equal to about a year of capacity operation. On Dec. 4 a large new list of machine tools was subjected to export priority control. Bill Knudsen scolded the industry for not doing more subcontracting. Meanwhile, investors showed less interest in machine-tool stocks than they might have if their low capitalization had not marked them for plucking by the excess-profits...