Word: stretch-out
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...than impressive. To date, it has delivered only eleven C-119s, and all of them have been assembled by K-F from parts supplied by Fairchild. Not until K-F has delivered another 30 planes will it be making C-119s entirely from its own parts. When the arms stretch-out was ordered last year 41 planes were lopped off K-F's contract and switched to Fairchild's order books In short, it looked last week as if Fairchild could have handled the entire C-119 order with ease and at much lower cost. Fairchild may well...
...stock Administration excuses for the stretch-out has been that the economy is not big enough or strong enough to carry the arms load originally planned. From this handy excuse a do-nothing atmosphere has pervaded Washington; even the Pentagon is no longer making much of an effort to increase production targets...
...candidate, and to call attention to his position as chairman of the Senate Armed Forces Committee. At Denver last week, he attacked Taft and Eisenhower for "unrealistic" tax-and budget-cut promises. At the same time, Russell assailed the Truman Administration for "inexcusable waste" in rearmament, and for its stretch-out of aircraft production. He said it was "little short of a national disgrace to be outproduced in jet planes by Soviet Russia." Russell was also busily defending his opposition to FEPC, which he calls an "adventure ... in socialism...
...congressional inquiry to find out what "our actual production of munitions is," and whether the stretch-out is a "calculated risk" or an exposure of the nation to "unwarranted danger...
...Stretch-Out. The Truman Administration's stretch-out of defense-production goals, warned Baruch, may prove an invitation to disaster. "Far from slowing down, our security requires that we step up our defenses both in speed and scale . . . The whole defense program should be reviewed to determine whether too heavy an emphasis has not been placed on building new facilities and too little on turning out weapons . . . No aggressor was ever stopped by blueprints...