Before Oct. 1 some 24,000 small factories will be forced out of business. In 1939 they made $4,000,000,000 worth of goods8% of the whole U.S. total.
On that gloomy expectation, WPBoss Donald Nelson last week named a five-man board to head the $150,000,000 Smaller War Plants Corp., told them to get these little businessmen out of the mire.
Main job of SWPC is to convert the little fellows into war-goods production. To do this the agency will sign contracts directly with the Army & Navy, then subcontract to little plants best equipped to do the work. Some midget factories will pool their facilities....
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