The Archive · 1941

Productive Capacity

The productive capacity of the coal mines exteeds put such your catalogs, lest you attract too many customers. being considered by fess and British contracts added up to nearly than 25 cent.

But he added, it was imperative to further available before it is too late.

At the present time we are approaching a level of expenditures of a billion dollars a month for armaments, he said. and I hope that by the end of the year we will be running at a rate of a billion and a half a month.

Earlier, the directors of the National Association advocated curtailment of installment buying on grounds that it generates additional buying power which will bid up prices.and thus contribute to the upward spiral of inflation.

They suggested that institutions providing such credit should curb any undue expansion by requiring a larger down payment and by shorten. ing the terms of the contracts.

"Walter D. Fuller. president of the The dustry. For all practical purposes a manufacturer now is a branch manager for Government.

Text read from the printed page and cleaned; old type leaves the occasional error.

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