AMERICAN SUPPLIES
"RULE OF THUMB" POLICY
(From "The Post's" Representative.)
NEW YORK, November 17,
The "Rule of Thumb" policy, announced by President Roosevelt on his arrival at Washington, after his reelection, will share equally. between the United States and Great Britain aeroplanes of all types, guns, munitions, and other war equipment.
It might happen, the President remarked at his Press conference, that, for a time, the United States would need urgently more than 50 per cent, of a particular product; in such case, a larger share of production would be withheld. The reverse might be true, in regard to some other product; in such case, Great Britain, needing more than .half, would benefit by a larger proportion. The Priority Board of the National Defence Commission subsequently announced approval of the request of the British Government to place orders for 12,000 planes, in addition to about 14,000 already under contract with manufacturers in this country.
The President said he had decided on the "Rule of Thumb" policy as a result of recent applications by Great Britain and Canada for delivery of certain types of munitions.
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Bibliographic details
Evening Post, Volume CXXX, Issue 127, 25 November 1940, Page 8
Word Count
184AMERICAN SUPPLIES Evening Post, Volume CXXX, Issue 127, 25 November 1940, Page 8
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