Nation: Stockpile Spat

As it must to almost all congressional investigations, partisan politics last week burst into the Senate Armed Services Subcommittee's probe of Government war-emergency stockpiling. Missouri Democrat Stuart Symington, the subcommittee chairman, expansively told a news conference that his three months of hearings had disclosed that "the taxpayers stand to lose over $1 billion as a result of these stockpile operations—far greater than any I have seen in the Billie Sol Estes case."

President Kennedy demanded the investigation last winter. He had, he said, been "astonished" to learn that the stockpile of industrial materials was worth more than...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

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