LIMIT ON PROFITS DISLIKED
’WASHINGTON, August 20.
The Army and Navy Departments were recently unable to place contracts for 5725 aeroplanes and also guns for 28 destroyers because the mauufaetiirers objected to the profit limitations.
Several members of the Appropriation Connnittee expressed lhe view I hat the Govern incut should conscript industry. Evidence given to the cominill.ee by navy chiefs indicates! that lhe manufacturers preferred to do business with the British Purchasing Mission, which did not. bind them by limitations.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19400822.2.115
Bibliographic details
Dominion, Volume 33, Issue 281, 22 August 1940, Page 12
Word Count
80LIMIT ON PROFITS DISLIKED Dominion, Volume 33, Issue 281, 22 August 1940, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in