Word: valueless
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...Churchill made his proposal in general terms, the Council's Consultative Assembly enthusiastically adopted it (TIME, Aug. 21). Last week, as soon as Churchill had flown back to London, the Assembly's Defense Committee put the Churchill blueprint away in the files, and adopted a vague and valueless watered-down version of the original...
Last spring, Western Germany's economy was smothered by masses of inflated marks in which no one had any confidence and which bought almost nothing. No one felt like working, or selling, for piles of nearly valueless paper money. In one drastic piece of surgery, Bizonia's economic authorities called in all the old currency, issued only one new mark for ten of the old. Along with this severe bloodletting, the patient was given his economic freedom: all price ceilings were lifted, except for basic foods, coal, iron and steel...
...obsession with the planning of a second Burma campaign which was to vindicate Stilwell's military reputation. Chennault traces many of Stilwell's mistakes in his relations with the Chinese to his preoccupation with the reopening of the Burma Road, which Chennault believes was a nearly valueless objective. Actually, the damage was done before the first Burma campaign...
Worthless, Valueless. The airmen's objections were practical. They came down to the fact that there is a limit to what can be spent on national defense. It would cost many millions to set up U.M.T. Harry Truman figured on $400 million just to get it started. This was probably a ridiculously low estimate. Some Air Force officers figured that it would cost close to $400 million to set up Air Force training stations alone. The cost of operating U.M.T. in the three services would run anywhere from $1.75 billion to $3 billion a year...
...General of the Army Douglas MacArthur, although he has never said so publicly, has been quoted as saying that the six-month basic training period contemplated under U.M.T. would be valuable chiefly as a character and health builder; that as training for a modern war it would be largely valueless. The airmen contended that the money, time and effort could much better be spent on combat aircraft and in the training of regulars for the Air Force and the Navy...