In London, Cunard Steam Ship Co. Chairman Sir Percy E. Bates last week told stockholders that Cunard would be "forced" to operate transatlantic air service after the war. Ship-loving Sir Percy ruefully faced the facts: "Good passenger planes and thousands of men trained to fly them . . . promise competition from a new element."
>Emphasis in 1942 war production is shifting: from the more-of-everything goals established by the President after Pearl Harbor (60.000 planes, 45,000 tanks, etc.) to a more realistic balance enforced by today's scarcities and...