Word: rearmaments
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...Australia, a Communist-led dockers' union has just relaxed a costly, month-old slowdown strike over a variety of wage and overtime issues which the Government charged were pretexts to hide the real reason: the Communist plot to slow down the British Commonwealth rearmament. The Australian government has tried in vain to deport British-born James ("Big Jim") Healy, Communist boss of the dockers. Last week Australia's efforts to cope with Communism received a heavy blow when the High Court voided a 1950 law outlawing the Communist Party and giving the government power to "declare" union officials...
Their proposal was important. It represented a growing body of U.S. opinion, which feels that only with the help of a national sales tax can the U.S. finance its rearmament program and remain economically sound. There is nothing new in the sales tax idea. National sales and purchase taxes date back to ancient Rome and Athens, are used in some form today by nearly 20 nations as an important source of revenue. Examples: in France 36% of the government's revenues come from such taxes; in Italy, 18%; in the U.S.S.R., an estimated 90%. More than half...
Prof. A. M. Schlesinger, Sr. (history) also embraced the pay-as-you-go idea. He pointed out that the last Congress voted economic mobilization, price and wage controls, billions for rearmament, industrial preparedness and foreign aid, "but left pretty much unsettled how the gigantic bill should be paid...
...find the United States riding the tail end of the post-war boom and the beginning of the rearmament boom. Harry Truman is in his sixth year as President, and his Fair Deal has run down, run into the sand and disappeared. Liberal and progressive forces are in retreat. I found Americans who wondered whether it would be healthy for them to write what they really thought, whether associating with certain acquaintances might not get them into trouble. This was shocking. Undoubtedly just a temporary faltering of the American spirit. But nonetheless shocking...
...Rearmament...