Evening star., 1940-06-09

Corporation designated to finance
plant expansions not handled by
private capital, Mr.. Jones told re-
porters that many inquiries already
have been received and are being
given consideration. Since impor-
tance Of the machine-tool segment
of industry is well realized, it is
expected that inquiries from this
quarter will be given earliest and
most favored treatment.
Returning to export statistics for
this industry, Commerce Depart
ment figures show that for April
our best customer was France, with
purchases of $6,679 538. The United
Kingdom was second at $5,202Ol5.
Third and fourth, it is noted with
interest, were Russia with purchases
of s2,229,764 and Japan with pur-
chases of $2006,319.
Actually, Japan has been buying
machine tools here in most con-
sistent quantity for several years
past. In 1888, her purchases totaled
$19,412,824 and in 1899 they were
$l9,8l1,5 ,526. For 1910. the monthly
average would indicate that unre-
stricted continuance of their pur-
chases would have boosted the
years total to about $24,000,000.
For all foreign purchasers, the
1910 sales in four months amounted
to about $56,000,00O, as compared
to only about $27,O0O000 for the
same four months in 1899 and
only s93,4O3,772 for the entire year
of 1889.
Planes Earmarked for France.
Among other developments on
the defense front yesterday were
the following:
l. The United States Chamber OF
Commerce said in a statement that
the administrations defense pro-
gram was well within the capacity
OF the country without any ma
terial interference with normal op-
erations." The program, the state
ment said, would bring into utiliza-
ton capacity that has been idle.
2. Approximately 100 heavily
armed attack planes, especially de-
signed to harass enemy troops from
low attitudes, were earmarked by
the War Department for possible
fighting in France, under the adj
mlnistration'S "trade-in" arrange
ment for Army and Navy planes.
3. Representative Martin of Mas
sachusetts, the House Republican
leader, said in a radio address that
the elimination of politics in de-
fense matters should be "the reso-
lutte purpose of both parties" Re-
publicans in Congress, he declared,
"can be depended upon to give solid
support to all real defense meas
ures."
Resents "Dictatorial Grants"
Mr.. Martin said, however, that
the Republicans naturally resent
efforts to make national defense
measures vehicles for granting die
tatorial powers to the Executive"
and wanted defense appropriation
honestly and prudently spent"
This can be done," he added,
"only through the non-partisan ap-
pointment of men and women who
have demonstrated in the past their
capacity to get results"
He took occasion, too, to criticize
what he said was RECKLESS spend
ing and waste" by the New Deal.
Declaring this had made necessary
the imposition of tremendous
taxes" he added:
This first call for taxes will be
followed by another, bigger demand
next year, after the election. No
one in this country will escape these
taxes. The people must begin to
plan to pay the heavy cost of the
New Deal joyride."
To Release Hedge Hoppers."
Northrop hedge hoppers" are
among some 500 Army and Navy
planes which the administration
plans to release. Fifty Navy planes
already have been disposed of.
The Northrops are single motor
monoplanes armed with five machine
guns. Each carries 20 small or 1
large bombs, or alternatively, load
of chemicals for smoke screens.
In addition to the pilot, the crew
includes a gunner to operate the
rear machine guns and aim bombs.
The Army ordered scores of the
type, but after Congress voted
$500, 100000 expansion Of the Air
Corps last year, it was decided to
substitute light bombers with longer
range, and the attack planes re-
Gently have been used merely as
transport craft, scattered among a
number of fields.
1,000-Mile Range.
The planes, under normal condi-
tions, can fly 1000 or more miles