One sure way for belligerents to get commitments for the delivery of war goods from U. S. manufacturers who are unwilling to risk expanding for war trade, is for the buyer to put up the capital. Known examples of that practice in World War II are the 50% plant expansions of Wright Aeronautical and Pratt & Whitney, for which France has agreed to pay $4,500,000 to $5,000,000 in surcharges on the engines delivered to them for warplanes.
Last January, in its annual report, Atlas Powder Co. revealed that its new TNT plant at Wilmington was booked to capacitythrough this...
To continue reading:
or
Log-In
