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Hardly a gun to show for millions spent
News analysis by Fulton Lewis Jr argues that after 16 billion dollars in emergency Korean War funds, defense purchases lag. He warns Congress may seek another multi-billion package, financing via debt and inflation rather than current taxes, with real spending unfolding in 1952. The piece notes vast structural and procurement delays and urges patience as defense projects ramp up.
MENTIONED IN THIS ARTICLE
Fulton Lewis, JR
Shington
Congress
Defense Department
Congressional
Capitol Hill
Treasury Department
Soviet Union
Secretary of Defense
Washington
Democracy
King Features Syn Inc