War Budget Proves Extent Of Production
LONDON, Jan. 9
President Roosevelt’s message to Congress, in which he estimated the United States war expenditure for 1942 at the vast total of over £14,000.000,000—the largest war Budget in history—is regarded as clear proof of the formidable war production of which the United States is capable. The “Manchester Guardian” points •out that the United States is proposing to spend more in two months than Britain is spending in 12.
Not Counting Cost
The “Daily Telegraph” notes that the United States’ war Budget will nearly double that of Germany. The Budget figures are clearly based on the President’s warning that the American war effort would have to be unlimited by any counting of the cost. “What the astronomical figures mean in daily life,” adds the “Daily Telegraph,” “is that rather more than half of the estimated national income will be spent on the war programme. We have been making about the same allo-
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Northern Advocate, 10 January 1942, Page 5
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159War Budget Proves Extent Of Production Northern Advocate, 10 January 1942, Page 5
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