Show r Democracy's Democracy aces Big Test The Tile outlook for or Industry In ms is 13 explained below by th the Chief of ot the Division of Industrial Industrial Indus Indus- trial Economy of the department of commerce pr Dr JL IL B. B McCOY l I I Written for N E B A Service I Under the urge of ot war Ameri- Ameri industry has set another ally all- all ean y time e production record in the past 12 months month Durable goods now comprise comPe n nearly arly of all all' p- p prod rod u c ti 0 n oiL higher th than in any apy previoUs y year ear the great bulk being munitions Lt ot war sh ships ps tan tanks ks k's ammunitIon r guns ri field tI tIon a. a and n d equipment 4 monthly f I The rate gate of p 0 duc IL B. B McCoy l Uon tion of t to e ese s e I goods was about 2 21 times a aI as I great as 8 it was at the beginning of the year fore loie Changes Ahead If aWhile While the scale large-scale conversion i cf of our production system to war production has been accomplished without serious economic dislocations t it h has completely changed 1 the nature o of ot many of the nations nation's Important Industries The automo automotive tive tire industry Is now making t trucks tracks icks military vehicles tanks airplane en engines es planes and other items at a a. rate three- three f fourths higher than the dollar v volume level of the Industry's best p peacetime year ear Urgent war needs for metals skilled manpower and productive I f facilities have hav made it necessary I t to t convert completely or partially I many other large and important I f Industries such as radios refrigerators I washing machines typewrIters typewriters type type- writers stoves and many other producers of consumers' consumers goods To meet the changing conditions conditions conditions condi condi- of war goods certain adjustments adjustments adjustments adjust adjust- ments of ot production and production tion schedules s will undoubtedly be made thade ii in 1943 The prospects are h however vever that a c continuous higher output of all war goods will be acc accomplished ac ac- ac c in 1943 limited only by materials supply man power and transportation I Real Test in 1943 I An Ati n equally difficult and important important tant task faces our productive system stem h in turning out food clothing clothing clothing cloth cloth- ing and other supplies necessary for both war and essential civili civilian civil civil- i ian fin n use Ose The food fats and oils processing SSi g textile x e. e and other Industries Industries In In- n- n will be taxed to the limits in 1943 1913 to meet requirements Both Bothin Bothi i in the durable a and n d groups the demands for m man manpower an li p power materials and transportation I tion will adversely affect producers pro pro- of less essential items I The year 1943 will be a period of f. f a real test of our ability to produce as the arsenal of at iracy r cy The peak of our out all-out war effort must and will be reached in n 1943 We are well on our way j o that goal as the year begins |