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...example of disheartening delay, Mr. Stettinius wrathfully cited an incident which also exemplified the new mutual attitude of U. S. Government and Business. One of the commission's prime concerns is aluminum, which aircraft makers will need in stupendous quantities. At the urgent behest of Messrs. Stettinius & Knudsen, the House last week was asked to appropriate $25,000,000 for a new TVA dam, wherewith to supply the Aluminum Co. of America with critically needed power. Up popped Republican anti-TVA Congressman McLean of New Jersey, Republican Congressman Dirksen of Illinois, blocked the appropriation. They were unmoved by assurances...

Author: /time Magazine | Title: ARMY & NAVY: Interim Report | 7/22/1940 | See Source »

Work Done seemed to add up to mighty small potatoes. Of $5,400,000,000 which Congress had voted for Defense since May, a piddling fraction had actually been spent. An enormous job of planning had to be done first. In charge of the planning were Industrialists William S. Knudsen, Edward Stettinius Jr., some 200 high-powered colleagues on the President's National Defense Advisory Commission. Getting these talented bigwigs down to coordinated work was in itself a big, time-taking job. Up to last fortnight, most commission spark plugs always had time for an easy hour...

Author: /time Magazine | Title: ARMY & NAVY: Interim Report | 7/22/1940 | See Source »

...commission announced that Mr. Knudsen had painstakingly passed on $1,000,000,000 of equipment contracts. Aircraft Coordinator George Jackson Mead placed $100,000,000 of plane orders, got tape-wound Army & Navy bureaus to simplify their contradictory, wasteful systems of testing and buying planes and engines. Commissioner Stettinius cheerily reviewed his studies of raw materials which the U. S. would need and might not have in wartime, said: "The situation . . . is more hopeful than we anticipated six weeks ago. . . ." For an example of heartening speed, he told of hearing about a stock of tungsten and antimony "near Indo-China...

Author: /time Magazine | Title: ARMY & NAVY: Interim Report | 7/22/1940 | See Source »

While contradictory rumors still rumbled about the misunderstanding which occurred when Henry Ford turned down a contract to build 9,000 Rolls-Royce airplane engines, the Defense Advisory Commission's William S. Knudsen last week faced about and offered the contract to Packard Motor...

Author: /time Magazine | Title: MANUFACTURING: Can Packard Do It? | 7/15/1940 | See Source »

...waited. To them was handed a curt announcement: the Rolls-Royce project had been discussed, but "many matters require further study." Max Gilman apologized for a statement which "you [reporters] will probably think is a dud." It was by no means certain that the contract would be signed. Bill Knudsen's effort to get 9,000 Rolls-Royces seemed to carry a jinx...

Author: /time Magazine | Title: MANUFACTURING: Can Packard Do It? | 7/15/1940 | See Source »

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