Word: boards
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Dates: during 1940-1940
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Only amateurs in Government, said he, grinning, talk of putting a pooh-bah, a Tsar or an Akhund of Swat in charge of national defense. No one man knows enough for the job. Better, said he, to have on the board management (Knudsen), labor (Hillman) and the user-buyers of national defense products (Navy's Knox, Army's Stimson). Under their four-man chairmanship (if it works that way) will be planned the three big Ps of industrial defense: 1) Production, 2) Purchasing, 3) Priorities. The National Defense Advisory Commission will go on planning, advising...
...unused space, men, machines in his own and other manufacturers' plants to aircraft production. So would all the other automakers, to manufacture aircraft and engine parts for which their facilities were best fitted. Everybody would be in one big and perhaps unhappy family, working under a nine-man board (three for Government, three for Labor, three for Management...
Otherwise, Canterburians (tuition and board: $1,500) lead a normal prep-school existence. On their campus are no priests or monks; 77% of them have gone on to non-Catholic colleges. Headmaster Hume (known to Canterburians as "the Doc") makes them study hard (eight classes a day). Each afternoon a Canterburian puts on a dark blue or grey suit, white shirt and black shoes (Eton collars and patent-leather pumps were discarded about ten years ago) for tea. Canterbury boys get no demerits, but for good behavior they get two extra days off at Christmas and Easter vacations. Few Canterburians...
...boom, nothing Business really wanted had been achieved. Taxes, far from easing, were made tougher by an excess-profits tax and likely to grow more so. Government spending was multiplied; the 76th Congress appropriated more than $17 billions. Interest rates on capital continued to fall. The National Labor Relations Board underwent a personnel shakeup, but Wagner Act modification was less likely than ever. Government regulation in general, previously little more than a list of "Don'ts," began to turn into positive control. Every well-editorialized reason why Business should hold back was more conspicuous than ever...
Labor was first to explode publicly. Said Julius Hochman, general manager of potent I.L.G.W.U.'s Dress Joint Board (at a conference of labor and employers last week): "She insulted both our industry and the American women. . . . Unfortunately our industry is not organized sufficiently to meet such slurs, and there was no one to reply to this impudent insult." But there...