For its second Forum of Executive Opinion (TIME, Sept. 2), FORTUNE chose the crucial subject of U. S. rearmament. The 15,000 top-flight U. S. business executives on the Forum's permanent panel were asked how they thought the defense program was getting along. By a large majority (73.5%) they replied: the defense program is not doing so well.
Progress. Pondering U. S. defense accomplishments and future plans. 24.2% of the businessmen decided that they were as effective as could reasonably be expected, 51.9% thought they were only moderately effective, 21.6% were sure that they were comparatively ineffective. Blame for this state...
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