U.S. industry was converted to war production in record time by a simple expedient: the Government told manufacturers to produce and it would pay them prices that would ensure profits. What kind of expedient is going to power reconversion? Or will there be none?
Most manufacturers will be eager to get back into peacetime business. Most have reserves to pay for the actual costs of the changeover. But is there going to be enough prospective profit to speed production after the changeover? That was the issue raised last week by the National...
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