Taxpayers and Bargains

The discussion of the nation's first major postwar economic problem advanced one step last week. Jesse H. Jones, who bosses all the major Federal lending agencies, discussed what should be done with the U.S. Government's vast hoard of war plants and equipment.

His Defense Plant Corp. alone owns all or part of 1,753 war plants worth $9 billion, DPC represents everything from 10% of U.S. steel capacity to 100% of a synthetic rubber industry bigger than the entire prewar domestic market. Until U.S. businessmen find out how the U.S. Government plans to dispose of this industrial machine, much of their own...

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