Word: raws
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...farming-out method. But it should be pointed out that the fact that 75% of a tank's dollar value comes from outside sources is not the same as 75% subcontracting. The 75% mentioned includes not only parts but "supplies and materials"- the value of all the raw materials (steel, etc.) that go into the tank and of all the supplies used in the factory...
Nearly ready for announcement is President Roosevelt's much-talked-of Victory Program, expected to raise defense expenditures to more than $100,000,000,000 by late 1943. This huge load cannot be handled by the U.S. without the topmost efficiency in procurement, plant conversion, subcontracting, control of raw materials. If the load is dumped on to the present defense machinery-without first clarifying authority, junking the weak parts, eliminating duplications-it is possible the machinery may break down completely...
...side a closer union with the British Empire would seem indicated both economically to control raw materials and trade, and militarily to maintain the balance of power. We would have a possibility with the ceasing of hostilities to complete the solution of the economic problem raised by the increase of productive capacity, a solution barely started by the New Deal. To be sure we would not step into an ideal world. We are a long way from our goal: the control of new world forces. But in this way we would have a chance to work out our destiny...
Such a war would center in the South China Sea, since it is through these waters that we get most of our rubber, tungsten, manila hemp, tin and other essential raw materials. Likewise a large part of Japan's necessities flow over this route...
...realizes that every month our navy is becoming stronger, as is Singapore. Our recent refusal to lift the embargo means that Japan's aftempts to bluff us into deserting China have failed. The longer Japan waits, the stronger will China become and the more will Japanese surpluses of important raw materials shrink--resources like iron, petroleum, copper, and alumninum, for which she depended almost entirely on America...