Word: rearmaments
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...over the world last week, people tested the political winds and hopefully observed that things were letting up a little. On the Kremlin organ, the peace theme swelled with a new urgency. In Germany, the Communists, trying to forestall West German rearmament, dangled the tantalizing hope of a reunified nation (see FOREIGN NEWS...
...East experts, Reischauer and Schwartz, expressed somewhat conservative hopes for a truce settlement in Korea in the near future. The European experts, Friedrich and Elliott stressed the necessity of continuing our policy of rearmament and Russian containment on an undiminished, if not accelerated, scale...
...meet this threat to rearmament, Defense Mobilizer Charles E. Wilson sent wires to all three producers, asking them to draw up plans to remove at least part of their facilities to regions where power is more abundant (e.g., the Ohio River). As alternatives, he asked them to determine if the emergency could be met more economically by building additional standby steam plants in the Northwest. In alarm, Northwest Congressmen cried that the real solution is more hydroelectric dams...
...power shortage was by no means confined to the Northwest. Because of materials shortages, primarily structural steel, there is acute danger that the U.S. power industry will not be able to keep pace with rearmament's growing demands. Warned the Defense Electric Power Administration: by year's end, industries in many regions will face periodic stoppages in electric service. By the end of 1953, unless the power industry gets more materials, the shortage will amount to 4,000,-ooo kilowatts (5% of all present U.S. power capacity...
...action was that Columnist Drew Pearson had dug out, and showed Chapman, Naval Intelligence reports on skulduggery at the Harvey Machine Co. during World War II. Chapman could have found out the same facts if he had made any real investigation of the company before awarding it one of rearmament's biggest loans...