SMALL BUSINESS: The Forty-Percenters

The Senate's Small Business Committee, a restive watchdog, last week barked at big business. Charged the committee: ten large manufacturing companies * have received 40% of the $22 billion worth of defense contracts awarded since Korea. By hogging defense contracts, said the committee, big corporations have choked off supplies of critical materials to small companies, which can neither carry on civilian production nor get defense work.

If the committee had looked more closely at arms production it might have held its scolding tongue. Big companies get the bulk of prime contracts because they alone have the facilities to turn out...

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