Word: v-e
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These were outward signs last week, two months after V-E day, that the econ omy of western Europe was still paralyzed...
Moreover, with consumer goods scarce, there is little incentive to work. The prolonged celebration of V-E day (in some places it lasted a week) cost France 300,000 tons of coal. Now, coal production is Tmly about half what it was in prewar years, far below rock-bottom needs...
...Colonel John A. Keck, onetime Pittsburgh engineer and now chief of Allied technical intelligence on German weapons, began quietly: "This will make Buck Rogers seem as if he lived in the Gay '90s." He proceeded to unfold the improbable story of what German scientists were up to when V-E day interrupted them...
Mystery. The War Manpower Com mission had expected that, in the three months following V-E day, 2,100,000 munitions workers alone would be laid off. Since V-E day only 330,000 workers have filed for unemployment compensation in the U.S., about one-third of the number expected. Probable explanations of the mystery: 1) many of those laid off are getting other jobs promptly; 2) some women war workers are going back to their homes; 3) men who have worked continuously for three years do not want new jobs right away...
...pinch might come again, for a time. Alfred Emanuel Lyon, president of Philip Morris, who had rightly predicted that the shortage would begin to ease a month after V-E day (TIME, March 26), warned that some of the increased supply to civilians might be cut again by further Army demands for the Pacific...