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U.S. TRADE PLANS

CIVILIAN AND WAR Bridging Gap At End Of Pacific Conflict Rec. 10.30. WASHINGTON, Aug. 1. Seven thousand American manufacturers pldn a 90,000,000,000dollar expansion programme for the next 12 months. A Commerce Department survey reveals that railways and utilities propose spending, in the same period, an additional 1,500,000,000 dollars for such capital items as structures and equipment. These estimates are drawn up on the assumption that the Pacific war will last at least to the middle of 1946. Government economists consider that the survey indicates a gross national production of about 160,000,000,000 dollars, largely for civilian use. This would be an important factor in filling the production and employment gap created by the end of the Pacific war and the cancellation of Government purchases, which account for 50 per cent of this year's estimated 200,000,000,000 dollars gross national production. The House of Representatives' Military Sub-committee has reported that many warships have returned to the Pacific with inadequate repairs and protective improvements, due to the skilled manpower shortage in the Los Angeles and San Francisco area. i The committee gave the instance of a large carrier which had to leave at a fixed date with its plane capacity 10 per cent below normal. It also reported an acute shortage of railway workers. Many trains were held up in yards and sidings in the San Francisco area instead of preceding to embarkation points. Job jumping aggravated the manpower shortage. The War Department had not co-operated sufficiently with other agencies.

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https://paperspast.natlib.govt.nz/newspapers/AS19450802.2.59

Bibliographic details

U.S. TRADE PLANS, Auckland Star, Volume LXXVI, Issue 181, 2 August 1945

Word Count
249

U.S. TRADE PLANS Auckland Star, Volume LXXVI, Issue 181, 2 August 1945

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