Hill Ahead

The U.S. finally stood at the foot of the Hill of Reconversion. Last week that hill looked quite different from the way it looked a year ago. The shape of the hill, as it began to show itself to many businessmen from their present disadvantage point:

¶ It is not as precipitous as it once seemed. Unless the Jap war ends with unexpected speed, half the hill may be climbed before V-J day.

¶This situation has the same advantage that chronic indigestion has over acute indigestion. It is not so dangerous or overwhelming, but its pains will linger longer and...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!