Financial themes and beans in wartime era musings
A column blends Babson's prophecy of state capitalism with reflection on the 1920s speculative spree, warning of the end of free competition and a shift to government involvement. It revisits canned beans shortages and Joe Friday's traditional oven method, then analyzes war-finance costs and federal borrowing for 1943, urging budget economies and prudent investing.
MENTIONED IN THIS ARTICLE
Paul
Babson
Clabson
Northland
Joe Friday
Joe
Washington Dab Cutting Navy Tape Slashes Red Tape
An analysis of Admiral King cutting navy red tape by 80 percent and pushing officers out of Washington, contrasting with the Japanese navy’s lean staffing. Inside mentions of Leary, Nimitz, and global command latitude, plus observations on Washington bureau burdens.
MENTIONED IN THIS ARTICLE
Washington
DB. C
King
Japan
Tokyo
Navy Department
Navy Yard
Bone
Flers
U.S. Navy
Admiral Leary
New Zealand
Nimitz
Pearl Harbor
Eastoast
Admiral King
Churchill Roosevelt Talks Signal New Front Action
Editorial note previews weekly analysis of Churchill and Roosevelt meetings indicating possible new Western Front moves. Mediterranean naval battles and rising Anglo American air strength are highlighted as signs of broader alliance action. The column weighs strategic implications for Europe.
Churchill Roosevelts Third War Conference Previewed In Washington
Report of a third Churchill Roosevelt meeting in Washington within a year. They discuss opening a second European front and reducing Axis submarine losses after Molotov’s talks. Queen Wilhelmina of Holland also expected in the United States as Allied efforts continue in the Black Sea and Ukraine fronts.
MENTIONED IN THIS ARTICLE
Churchill
Roosevelt
Washington
Hip
America
United Nations
Molotov
Wilhelmina
Holland
Fats and Oils Drive National Salvage Campaign
Housewives nationwide join a grease salvage drive to collect fats for glycerine used in explosives. Meat markets act as collection points while butchers pass fat to renderers. In Chicago a fat salvage program has been running for months with weekly collections averaging unknown pounds.
MENTIONED IN THIS ARTICLE
Chicago
Curtin Warns Australia Faces Ongoing Jap Threat
Australian Prime Minister John Curtin warned that Australia can be lost if complacency follows the Coral Sea battle. He warned Hawaii and the North American coast would be at risk and western cities could be endangered by continued Japanese aggression.
MENTIONED IN THIS ARTICLE
Coral Sea
John Curtin
Australia
Commonwealth
Nippon
Hawaii
North American
Axis Gamble in the Mediterranean Fails
Axis forces throw air power, submarines, torpedo boats and much of Italy’s fleet at British defences. US heavy bombers debut in the theatre, scoring 35 direct hits on two battleships. British convoys to Tobruk and Malta endure two days of fierce fighting as Allied forces sink several Italian ships and repel air assaults.
MENTIONED IN THIS ARTICLE
Mediterranean
Germany
Italy
Tobruk
Malta
United States Army
Eple
Alexandria
Gibraltar
Libyan Front: Rommel Presses British in Libya
Reports say Erwin Rommel presses a harassing thrust toward Tobruk and Egypt as Libyan front battles shift. Reinforcements bolster Tobruk while the German drive strains Allied supply lines. U S pays raise for armed forces aims to curb Navy Army recruitment competition and equalize service appeal.
MENTIONED IN THIS ARTICLE
Suez
Erwin Rommel
Libya
Rommel
Tobruk
Egypt
Lessons Learned Shape Navy Expansion Plan
Seamen lessons from Coral Sea and Midway guided the House Navy Committee in approving a 8.5 billion expansion to build more than 20 aircraft carriers with escorts and submarines. Immediate construction of 600000 tons of carriers is planned while five 60000 ton battleships are postponed. The move reflects a naval tactics revolution after recent carrier successes against Japan. Carriers will be deployed across all Axis theater areas within a year.
MENTIONED IN THIS ARTICLE
Lesaona
Coral Sea
Midway Island
Aleutian Islands
House Naval Affairs
Pacific
China Fights Back as Japs Press Deepward
Japan's advance into China tightens as two pincer columns near the Cheklang Kiangsi railroad. The high command appeals for Allied air support to divert the invading force. Shardiso, Kiangsi capital, reportedly fallen, and with highways cut, China relies on giant American cargo planes for supplies.
MENTIONED IN THIS ARTICLE
China
Cheklang-Kiangsi
China High Command
Shardiso
Ene
Kiangsi
Drisen
Chiang Katshek
Welles outlines cooling period for postwar peace plan
Sumner Welles urges a joint American effort for an equitable settlement after victory. He speaks at a United Nations rally, stressing cooperation is essential to peace as to war and says final terms should wait until transition tasks after Axis defeat are completed and approached rationally.
MENTIONED IN THIS ARTICLE
Sumner Welles
American Statesman
United Nations
Welles
Vichy France Faces Discontent On Second Anniversary
Marshal Petain spoke on the second anniversary of France's collapse, noting rising discontent and urging sterner measures to quell unrest and greed. He did not mention Laval and Gav within the brief radio address, while blaming opposition and perceived government missteps for current conditions.
MENTIONED IN THIS ARTICLE
Sigeare
Petain
Pierre Gaval
Laval
Canadian Air Squadrons Join U S in Alaska War Effort
Canadian air force squadrons and antiair units have been operating days with U S forces in Alaska. Lieut general Kenneth Stuart, chief of the Canadian general staff, departed to oversee the joint operations marking a first for World War II collaboration with the United States.
MENTIONED IN THIS ARTICLE
Victoria
Alaska
Kenneth Stuart
Staf
United Satiny
Pearl Harbor war speech calls for full national sacrifice
A New York newspaper column voices urgent wartime rhetoric urging the United States to maintain a united home front and repay enemies with decisive victory. It cites Pearl Harbor as a turning point and lambasts complacency while praising Allied resolve and the duty of citizens to endure and support war efforts worldwide.
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Ses
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Kilgallen
Ben
Fannie
Hite
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