STATE OF BUSINESS: $5 Billion Clip

In the first six months of the Korean war, the Government was ordering military goods at the rate of about $1.8 billion a month. Since then, ordering has been stepped up. Said the Office of Defense Mobilization last week: military orders are now running at a clip of about $5 billion a month.

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

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