Show This Week In Washington lr D. D C. C Washington D. D C C. C This nation is beginning to produce produce produce pro pro- duce as no other nation In the world has produced That statement by Donald M t Nelson chairman of or the War Production Production Pro Pro- board coupled with with other similar evidence of or the fact that tha war production now is soaring toward to to- toward toward to- to ward records has spread a fooling feeling of optimism hero here despite the disaster er in the Philippines and other dIsturbing disturbing disturbing dis dIs- war news The general feeling feeling feeling feel feel- ing here is that Allied morale and ingenuity of planning is grea great enough to win the war If It given ghen materials materials ma mS equal to those of the tho enemy and and it now appears certain that tha we will before not too long establish establish lish an imposing leadership in n tho production of or arms Many cheering reports about the caliber of our equipment have ha been made nade recently The British for Instance In Instance Instance In- In stance lave reported that U U. S S. S built bunt bombers are superior to any anything thing they thOy have and anything tho Germans have haye recent investigation of ot sights bomb-sights have proved that tha the tho Germans dont don't even know th the principals of or our Norden bombsight bombsight bomb bomb- sight eight which Is far superior to any other and other reports come in n regularly from our allies praising the tho equipment which we wo are sending send ing to them Actual figures on production o of various types of equipment which might bo ho of uso use to the enemy am arp amnot not being made mado public but enough figures arc are released to make mako It apparent apparent apparent ap ap- parent that our production is now going at a terrific paco pace The Tho government permitted General General Gen Gen- eral oral Motors corporation to release rolease general figures on Its production of wt war r supplies which show that that corporation alone alono shipped over overa a quarter of a billion dollars' dollars worth of war products during tho the first three months of 1942 This was al almost almost almost al- al most five ve times as much war equipment equip equip- mont ment as General Motors shipped during tho first quarter of 19 1941 1 Tho The General Motors report states flint flint If ft it Tint has n contra ta n c t s for ts t n. n morn n s n f tn than Vi n r u u u u 10 per cent of all war materials fabricated from Crom metal including third one of ot tho the machine machino guns more than third one-third of the arm army trucks more than half of the nations nation's na na- nations nation's tion's dIesel engines two-fifths two orthe or of the aviation engines and more than one fourth of the tho tanks Thus tho the progress of General Motors gives a good section cross picture of the progress of our total war tion lion I I General motors Is producing 10 per cent of all metal equipment ana ann If other producers are aro keeping pace with General Motors it can be assumed that our war production production tion approaches the tho three-billion three dollar mark for tho the first three Continued on last lust page pale n- n This Week In Washington D. D Dp w. w C. C Continued Continue from page pae one months of or this oar The fb figures ures also show that the tho production rata rato Ls Lq being increased gr greatly atly each month Although the first concern of or the tho tho the go government and of ot the people Is ta with production there is n a widespread wide wido spread effort being made to see seo that no company gets get exorbitant profits on its production production- of or war material Consequently the President Pres Pres- President ident recently Issued an order givIng giving giving ing six government agencies the tho i right ight to audit the thc books of firm which have government orders tp to prevent the accumulation of unreasonable unreasonable profits The agencies which were given glyen this authority are arc the War Production board the maritime mari mari- time cinie commission the Reconstruction tion Finance corporation and the departments of or war nav navy and the treasury The White House has shown particular particular par par- concern recently o over er the ho domestic problem of inflation it being a agreed reed by br all authorities that the w war r program can cost us manY billions more than than than- it should unless steps are taken to keep prices from soaring higher The office price administration tion has been the most active act department do- do in efforts to 10 curb tion Leon Henderson chief of ot that office estimates that our last war cost us more than it should have because of inflation and he lie warns that this war might cost us an extra billion bil- bil lion Hon unless further inflation Is pro- pro vented In every even in history said fir Mr 1 r. r Henderson wages an and salaries have lagged behind the tho general rise That Is the deadly I danger Wages seem to be more there is actually more mone money In the pay par check But that increase is ismore ismore more than offet by the tile rise in So In reality the wage earn ers er's standard of or living is lowered 1 Those who faVor Cavor higher taxation ns a means of ot preventing In Inflation nation fear that they cannot get set the tho cooperation cooperation co co- co operation of oC congress In an election election elec dice tion yen year I Already some members of ot congress have suggested that the tax proposals are arc too high and it is evident that a good deal of r administration pressure would be necessary to boost them still higher high high- er |