THE FUTURE: Road Through the Woods

"During the first six months of 1952," Defense Mobilizer Charlie Wilson said last week, "we shall move through a wood of shade and sometimes darkness. But then I believe we shall come out into the clearing." To a group of Congressmen who wanted to know how dark the woods might be, Wilson and Deputy Manly Fleischmann handed a light meter (for the first quarter):

¶ Consumer-goods makers will take an overall cut from their present 58% of 1950 peak production to about 50%. They will get an estimated 11½% less steel, 28% less...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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