Business & Finance: For Sale

The two men who probably know most about the problem of selling the Government's future surplus war plants told the Mead Committee last week why they cannot sell the plants right now. Tall, drawling Sam H. Husbands, 53, ex-Florence, S.C. banker, is president of the Defense Plant Corp., which owns about 1,000 Government-built plants, which cost some $6.8 billion to build, including such giants as Willow Run. But most of the talking was done by Hans A. Klagsbrunn, 35, executive vice president and DPC counsel.

Klagsbrunn told the Mead Committee that no plant can be tagged for sale today because tomorrow the...

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