NOT PRACTICAL
STATE MUNITIONS PLAN
JNITED STATES REPORT
Elec. Tel. Copyright—United Press Assn.) WASHINGTON, Dec. 23.
The hopes of some members of the Senate Munitions Committee that Mr. Roosevelt would issue a statement in favor of taking the profits out of war, which might be construed as willingness to nationalise the munitions industry, were shattered to-day as the War Department submitted an official memorandum, declaring that private industry was absolutely essential to the nation’s defence. It was pointed out that, in the event of a conflict comparable to a World War, the production of machineguns and ammunition, for example, must be increased 47,000 per, cent, from peace time-.requirements, and artillery and' ammunition 80,000 per cent. The jqdniorahdum said that for the Government to acquire the necessary factories would cost between £IOO,000,000 and £200,000,000 with a great waste of maintenance and expense in peace time.
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Bibliographic details
Poverty Bay Herald, Volume LXI, Issue 18588, 24 December 1934, Page 5
Word Count
144NOT PRACTICAL Poverty Bay Herald, Volume LXI, Issue 18588, 24 December 1934, Page 5
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