National Affairs: Tightening the Bolts

With only a few weeks to go before he heads into retirement, Defense Secretary Charles Erwin Wilson is wrestling with a tough and bristly problem: keeping defense spending from skittering far ahead of the Administration's $38 billion estimate for the current fiscal year. Engine Charlie found at the year's opening (July 1) that, with the increasing complexity of weapons pushing costs upward, money was pouring out at the rate of $40 billion a year. He ordered cuts of 100,000 in military manpower and 53,000 in Defense Department civilian employment. Last week Engine Charlie tightened the budgetary bolts again. With President Eisenhower's...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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