Word: rearmaments
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Fairbank countered that such a program would only deprive the U.S. of forces in Europe by alienating our allies. President Conant moderated the forum. He also spoke on Saturday night, urging the rearmament of Europe and the unity of Asia...
Inland Steel's President Clarence Randall rose before his stockholders in Chicago and raised a question which has been bothering many a businessman about the U.S. rearmament program. "Is what we are doing well conceived and well executed?" asked Randall. "Or are we going about it hit or miss...
...Carpet. Nothing was more thoroughly snarled than the vital machine-tool industry. Automakers, with $5 billion in rearmament contracts, could not get the machine tools to build the arms. Reason: NPA had failed to provide priorities on materials for machine tools. And though machine tools have little bearing on consumer costs, OPS had thrown the industry out of joint by foolishly slapping on price controls. The controls themselves, ignoring the industry's long gap between orders and delivery, in some cases set ceilings on the basis of orders taken as long as three years...
...County Durham miners declared Bevan's resignation "unwarranted." Food Minister Maurice Webb echoed: "We really cannot have Mr. Bevan's brilliant kind of buccaneering." Hugh Gaitskell, in a speech at Glasgow, hit back openly at Bevan, called for a ceiling on welfare services until rearmament is achieved. He said he was convinced that raw materials shortages, one of Bevan's big talking points, would not defeat the arms program or fatally damage the country's economic life...
...squelched, though he had entered into an uneasy peace, Nye Bevan took to the stump to rouse the country. He opened his campaign at Ebbwvale, his Welsh constituency. He warned again that rearmament meant economic dislocation. Bevan protested that he was not anti-American-in fact, said he, some of his best friends were Americans. But "It is not necessary for mankind to walk the way Russia has walked or ... the way America still walks." Sevan's red-headed ally, Barbara Castle, M.P. from Blackburn and one of Labor's left-wing firebrands, went barnstorming in Lancashire...