One of the smug assumptions of the cold war era was that the U.S. was forearming itself with a stockpile of strategically scarce commodities to see it through a wartime siege. So when the Munitions Board announced last week that the U.S. stockpile was only 38.4% of what it ought to be (with another 12% on order), there was a rush to track down the villains behind such negligence.
Fortunately, their tracks were plain and some of them still quite fresh. When a $3 billion stockpile program was first established in 1946, a forceful bloc of Congressmen from the western...
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