Much Money Recovered By Re Negotiated Contracts
A Chicago report summarizes a study by Richards C. Osborn on wartime contract renegotiation. Renegotiation recovered about a quarter of gross profits from World War II contracts, with $10.43 billion in recoveries from $300 billion in contracts, shaping postwar tax and profit discussions.
MENTIONED IN THIS ARTICLE
Lawrence N.eldred
Chicago
Richards C. Osborn
University of Illinois
Osborne
Detroit Ordnance District
University of Oklahoma
Illinois
Osborn
War profits in World War II and price control effects
Analysis notes that postwar profit expectations linked to volume surges rather than price rises. It compares World War I price inflation with World War II volume growth, cites a aircraft maker’s jump from under 30 million to about 1 billion, and argues renegotiation and price ceilings effectively curbed excess profits.
Sikorsky Sees Single Rotor as Future of Helicopters
Igor Sikorsky, head of Sikorsky division at United Aircraft Bridgeport Conn, predicts the industry will converge on a single main rotor. He notes aerodynamic and mechanical reasons favor monoplane-like efficiency and that multi rotor designs face torque and weight drawbacks. He mentions jet powered rotors and a hypothetical hypocyclic design as possibilities.
MENTIONED IN THIS ARTICLE
Washington
Igor I. Sikorsky
Sikorsky
United Aircraft Corporation
Bridgeport
UCLA Professor Proposes Central Africa Settler Plan
Frank J. Klingberg a UCLA history professor proposes settling Central Africa with 100000 settlers from Europe to fill a million square miles likened to the American West as a new homeland project.
MENTIONED IN THIS ARTICLE
Los Angeles
INS
Frank J. Klingberg
UCLA
Central
Africa
Europe
Farmers favor funding Marshall Plan in next year survey
A survey for Successful Farming Magazine shows 59 percent of American farmers polled want Congress to vote the money needed to continue the Marshall Plan next year. Sixty percent express satisfaction with results to date.
MENTIONED IN THIS ARTICLE
Des Moines
INS
Successful Farming Magazine
Congress
De Havilland Comet Promises Fastest Airliner Yet
British firm De Havilland builds at Hatfield Hertfordshire a large fast airliner claimed to be the world’s speediest of its type. The DH 106 Comet may fly direct to New York at about 460 mph, powered by 8000 hp ghost turbines and seating 30 to 40 passengers.
MENTIONED IN THIS ARTICLE
London
INS
de Haviland Aircraft Company
Hatfield
Hertfordshire
New York
de Haviland
Also Mentioned on This Page
United States
By Jimmy Hatlo
Isé
ANE
Tobias
FORD
Theresa
English Motor CO
Washington ST
Fashion Academy OF New York
John W. Clinard, Jr
High Point
Children’s
NAVY
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