OCR Text |
Show Methods To End Contracts . . . In order to clear up any doubts which may arise, Mr. Lambert suggested sug-gested that (1) government agencies ag-encies be provided the authority to neotiate agreed settlements which will be final and binding; and (2) that some method be provided for advance payments for postwar terminations. "If prompt and adequate methods meth-ods for freeing the money and material ma-terial tied up in war production under government contracts are not decised," he declared, "most of the other plans for the reconversion reconver-sion of industry to peacetime operations op-erations will fail, and many business busi-ness enterprises, large and small, will be forced to suspend operations opera-tions pending settlement with the government for their part in winning win-ning the war." NO PROVISION FOR ENDING WAR CONTRACTS New York, N. Y. (IPS) Fear that the money and material now tied up in war production under government contract might not be greed after the war was voiced by Lambert Miller, associate counsel of the National Association of Manufacturers. Speaking here at a meeting of the American Trade Association Executives, Mr. Lambert pointed out that the provisions of the First War Powers Act for terminating contracts during the war may not necessarily apply after the war. Under the Act, a war contract may be terminated where such an action would "facilitate the prosecution prose-cution of the war." However, he asserted, it is questionable whether wheth-er this would hold when the war is over. |