davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Record Electric Steel Rate
Expansion Seen a. Co., p ~.C

NEW YORK, March 18Th. S
Bennion. managing director OF
Edison Electric Institute, said
proposed record expansion of gen.
Grating capacity in 1871 and 1912
should supply any increased
power needs for defense industry
Installed capacity at the end OF
1910. he explained, exceeded de-
mand by 81 per cent and new
construction should more than
maintain that margin.
present schedules call for in
stallation I'm 1941 and 1912 OF
6,715,000 kilowatts of new gen.
Grating capacity. approximately
80 per cent greater than was
ever installed in any previous
two-year period" he added.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Says New DeaI
Is 'Monetizing'
Public Debt
By LEWIS HANEY

Professor af Economics. y. \. University
AeSt- of the questions TINS
week deal with the stock market
ana money and gold
Inghwood, Cal. asks:
Canadian stocks sell cheaper
in New York. Why not buy
them. sell them in Canada, buy
American stocks there and sell
these in New York"
Answer: l know no way 10
beat the game that simply. The
answer Is that any lower price
in New York would reflect me
discount on Inc Canadian deiIar
in exchange for our dollar. Ac-
cordingly you would find That II
Canadian stocks are cheaper
here. American stocks would be
higher there. Thus when you
changed your Canadian dollars
back 20 our dollars, as you
would do when buying American
stocks. your apparent gain would
be lost.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Quantity Theory
Bethesda, Md. asks:

Bethesda. Md. asks:
isn't the quantity theory
true. in that the total sum of
money equals the total sum of
real values Of goods en-
changed >"
Answer: Not at all. You beg
the question by setting up the
unreal quantity that you call
the sum of real values"
There is not and can not be any
such sum.
Value is the relation between
two goods. as indicated by their
exchange ratio. You can't add
such ratios. TO get a sur. When
the value of one goods is up, in
terms OF the other, ths other IS
down.
What money does is % to
enable US TO measure these rela-
tons. or values. in a common
denomination. and so t2) to eX-
press average changes in the
purchasing power OF money
with reference to some parucu-
lar list OF goods.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
i941 High Registered
By Commodity Prices

WASHINGTON. March is The
wholesale commodity prices last
week reached a new high for the
year. according 10 the price index
compiled by the National Fertilizer
Association. In the week ended
March Is. this index advanced to
lola from 1904 in the preceding
week. A month ago the index was
101.1 and a year ago 9Sl. based
on the 1858 average as 100.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Auto
Billy Bishop Sees
Air Navigation
To Win War

Air Marshall William A.
Billy Bishop, Canada's great
est World War / ace, believes
the day bomber as a great
weapon of war has seen its day
and that ii cannot hope for de-
cisive results against an ade-
quately defended fighter zone.
Also that air navigation. indie
pendent of gadgets. will win the
war in the end.
Bishop was the guest speaker
of the Economic Club here yes
terday and revealed many inter-
esting sidelights on the Battle
of Britain which he himself OBJ
served there last September. He
saw The two great attacks on
September Is and II which per-
haps was the turning point in the
war because. he said. the NaZis
found that. unlike Poland and
even France. the bombers could
not win the first step in the air.
which was getting rid OF the
fighter force. Hitler then aban-
doned the invasion which would
undoubtedly have followed If this
had been successful.
Leaflet raids on Germany.
Bishop revealed, gave the British
the experience in night naviga-
ton which has stood them in
such good stead in night
hombinp
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Reflects Skill

As for this 10 per cent. the
mutual companies could say 10
their members that we guaran-
tee you nothing. except pay
ments which represent your pro
rata share in the current liqul-
dating value of the segregated
assets, including common stocks,
which are set aside as partial
reserves against your policy. In
such circumstances, the amount
of life insurance of a man at
death or the dollar loan or cash
surrender value would be con-
tingent on whether a policy
holder matured his policy in a
bull or a bear market. 1t would
also reflect the skill of the COM
pany in investment management
In tomorrow's column. I shall
discuss the experience of Cana
dian life insurance with common
stock investment.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Dearth of Common Stock
BUYERS Draws Attention

assets and liabilities are of the
same general quality.
If. however, Pixies common
stock formula were TO be adopted
by various state legislatures
which determine the eligibility
of investments of insurance
companies. then certain radical
correlative changes in the whole
structure of life insurance would
have to be made simultaneously.
For the sake of argument,
let's assume that common stock
investments were authorized 10
the extent of Is per cent OF the
total investable funds of the life
insurance companies. II this
were done. then the necessary
corollary would be to end all
guaranteed dollar values in new
policies, subject to such an in
vestment policy. to the extent
of Is per cent of the total.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
M. s. RukeySer:
international News Service Economic Commentator

clearly AS "safe" as many bonds.
A liberalization of investment
laws to permit life insurance
companies to invest a relatively
small percentage Of their funds
In common stocks would stimu-
late healthier financial struc-
lures and have wholesale
effect on their economy
Numerous executives OF in
surance companies promptly
turned thumbs down on this sug-
gestion. emphasizing that the
insurance companies have fixed
dollar obligations payable to
beneficiaries on the death OF
their policyholders. or payable
on demand TO their policyholders
through predetermined loan or
cash surrender values, as re-
quired by law.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Discusses Matter

Sumner T. Pike. representa-
tive of the SEC on the tempo
rary national economic commit
tee. In a recent statement TO
the TNEC. discussed this mat
ter OF the demand for common
stocks as il bears on institu-
tional investors.
Rejecting views previously
publicly expressed by Jerome \.
Frank. retired chairman of the
SEC. Pike said:
Recognizing that life insur-
ance funds should not he
recklessly invested in highly
speculative securities, there does
appear to be room for the long
term investment of a portion Of
their funds in common stocks of
substantial corporations with an
established record OF earnings
common stocks of substan-
tiaI corporations with an estab-
lished record of earnings are
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18

NEW YORK. March 1S.-Steel
operations for the week are sched-
uled at 99.4 per cent of ingot
capacity. a new high. against 98.S
per cent in the previous week. an
increase of six-tenths of / point,
or 0.6 per cent, according to the
American Iron and Steel Institute.
A month ago the indicated rate
was 94.6 per cent. which was a
drop of pa points, or &c per cent,
from the preceding week.
The following table gives a COM
parison of the current schedule
with the nearest corresponding
week of previous years, together
with changes from the week i'm
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18

Federal officials al Washing
ton have been increasingly di-
recting their attention TO the
dearth of buyers for common
stocks.
The tressurys decision TO
issue taxable federal obligations
Is somewhat related to this
problem. As long as rich men
could get a better return by
buying tax exempt government
obligations than by acquiring
high yielding securities of pri-
vate corporations. their demand
for venture securities. including
common stocks. was artificially
restricted by legalistic factors.
III bonds of the states and their
subdivisions should also become
fully taxable. an effect might
be TO recreate a demand among
wealthy individuals for common
stocks.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Stocks Continue
Quiet; Prices
Uneven
International New. Service Wire

NEW YORK. March 1S.-The
stock market opened quiet and ir-
regular today. Price changes were
narrow with plus signs matched
by an equal number of small
losses.
The trend in steels was OBJ
scure with United States Steel up
a shade, Bethlehem unchanged
and Youngstown Sheet and Tube
down a half point. Crysler slipped
u on the first sale.
Leaders such as Allied Chemi-
cal. Douglas Aircraft. General
Electric. Anaconda. New York
Central and North American Com
pany started out quiet and un-
changed. Deere was slightly
higher. Texas Corporation and
American Telephone softened frae-
tionally.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Powers to Boston

Marion T. Powers. formerly
sales executive of the Chrysler
sales division. has become gen.
eral manager Of the c. E. Fay
Company. Boston Chrysler and
Plymouth distributor.
Powers was regional manager
in Boston for Chrysler for some
time and before that was with
Hudson. He was first identified
with the United States Rubber
Company. and later with the
Wills Ste. Clair Company of
Marysville. He joined the Chry-
sler sales division in 1898 as a
wholesale representative. Last
September he was made sales
executive with the factory staff.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Chain Store Sales
Hit Peak in February

NEW YORK. March 1s.-Febru-
airy business of the chain stores
was approximately IA per cent
greater than in the corresponding
month of 1910. according to the
Chain Store Age index.
Sales for the month, compared
with February 1929-31 taken as
100. reach 100 as against 124 in
January, and la in February.
1910. This was a new high.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Budd Wheel Clears
Million During Year

PHILADELPHIA. March. IS
Budd Wheel Company reported for
the year ended December 81 "a net
profit OF S1005.077 alter federal
income and excess profits taxes
etc. equal. aft8 preferred divi-
bends paid 10 S101 a common
share. against S662. S34. or 66 cents
q common snare IN 1883.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Farmers Market

APPLEs-Delicious fancy. 81 bu. No
J. 81: 400 rs; Greetings. No: /. 75c q
~ Is bu.; No. 2, 40a soc; Jonathan. fancy,
u. 40n l.5o bu.; No. /. e0c u 81 Is; No, q
80 a Use: Northern Spys. fancy. 81 bu.: No
!. $500 LIS: No. 2, 75c a. 81: Mcintosh.
N fancy; siI5s q, M Sg; No s2sglS9
bu.; stees Reds, sL25g $50 bu.; No. 2
81 Blu.
celery CABBAGE-,No. 2. 75cas5e.
5-lb. box: No. 2, 75cHSi.
BEETS-No. /. 80 a Soc bu.
CABBAGE No. /. e0c Isl bu.: No.
?, 75Qs5c; Curly Cabbage. No. I, 45g Csc
bu; Red Cabbage. No. /. e5asoc bu.
cARRoTs-NO. /. sOa7sc bu.; No. 2.
CELERY ssouAREs-No. /. s5ean.lo:
HORSE RAD1sH-FsDsy, $3.50: No. l.
s2,tog3 ou:; No. =. $2a225.
LEEKs-No. l, 40a soc doz. punches.
oNIoNs-Dry, fancy. soc si.lo so
PARSLEY RooT~so@75c ba. 4 S w.
PARsNlPs-No. 1. 500 75c bu.; No. ?,
PoTAroEs-Fancy. soc bu.; No. 1. so q
RADIsHEs = Hothouse. so "a soc dozen
punches.
RHUBARB-- Hothouse. fancy. soc 5.lb.
box; choice, zoe: small 80 o eoc dozen
RUTABAGAs- 1. 5Oa75c bu.
SQUASH Hubbard, No. /, Sl25d1.7 -
bu.; No. 2. 75e n 81.
TURNIPs-Fancy. s1al.25; No. /, sOu
90c. No. 2. Csc.
VEGETABLE oYsTERs-No. /. 5o1 75c
dozen punches
POULTRY Hens live. heavy breeds. ii
n 22c ~ leghorns, 16aisc broilers.
heavy, % = 2ic 10 ducks, Is a 1sc; geese,
II N lie
HoGs-Dressed. 13ai5c n
EGGS-Large. STdI.50 3O-doz. case
medium, Sc u q. 80.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Second Anniversary

Chevrolet's consumer maya
zine. Friends. will celebrate its
second anniversary with its May
issue. with a total circulation OF
nearly 100000 subscribers
monthly. 1t is the only 100 per
cent picture magazine issued
in the automotive industry.
In addition TO treating general
subjects of news interest in
picture fashion. the magazine
features pictures of owners.
photos taken by owners which
are submitted in the monthly
photo contest for cash prizes.
and a page devoted to Chevrolet
owners hobbies.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Metal Markets

New YORK and wholesale nonferrou,
metal quotations supplied by Federated
Metals Division. Detroit. Spot 90 per cent
tin. nominal. New YORK. So i2is future
TN, 0l.l2i4, lake grade copper. delivered
Midwest. u: electrolytic spot smelter
u. 30. u. copper. i2.25: ST. Louii
lead. SEQ; 81. Louis zinc. 725: New York
,antimony Il virgin aluminium. IL
All metals moderate. Export copper. 10. 81
Y resale. 10. Free sterling exchange
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Chayne in Hartford

Charles A. Chayne chief engi-
neer of Buick. was in Hartford.
Conn. in dual capacity as chief
engineer of the Buick aviation
engine division. The executive
discussed design and processing
developments with Pratt e.
Whitney technicians in connec-
tion with the Buick national
defense project which will get
under way in a new plant in
Chicago A large staff of Buick
experts are preparing the pro-
duction layout for the new plant,
according TO Chayne.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Yellow Truck 10 Paw
On Common and A

PONTIAC. March 1S. - Yellow
Truck and Coach Manufacturing
Company has declared dividends OF
% cents on the common and 25
cents on the Class A shares. Both
are payable April II. to stockhold-
ers of record April |.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
mediately preceding.
Auto Sales in March
May Exceed 100000

Factory sales analysts in Detroit
are forecasting that March retail
deliveries of new cars and trucks
will exceed 100000 units-perhaps
substantially. This would compare
with 440,232 units year ago and
with an existing March peak of
AIS, 102 sales set in 1897.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
insurance Stocks

:. New York City asks:
do you have much faith IN
insurance stocks for a long
hOlds"
Answer: Personally, 1 don't
have much feeling one way or
the other. but l am not al all
enthusiastic about them as a
class. ] believe l would rather
take a chance on some invest
ment trust.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Detroit Poultry

Market steady TO firm: hens. over -
lbs. Use. under 81 lbs, ale; cocks. i01
i2e. stays. lie; leghorn hens. 3 lbs and
UP, lsc: rock broilers. 2la lbs. and up. 23c
capons. lbs and up Csc; under ! lbs 4.
22c: ducks white, ; lbs and up i9c
EGGS-Market firm. current receipts
7he; undergrades, l5h q Ice.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Barker Brothers Corporation de.

clared the regular quarterly divi-
dend Of 6Sss cents on the pre-
ferred. payable April / 10 stock
ol record March 26.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Votes I0-Cent Dividend

United Steel and Wire Company
declared a dividend of 10 cents.
payable March 20. to stock Of rec
ord March Is.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Pierce Governor COMPANY de-

dared a diyidend Of 80 cents or
the common. payable April -. C
stock of record April u.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Dividends
johnson Corporate

declared a dividend of IS cents on
the common. payable April l, to
stock Of record March II.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Montreal Light. Heat and Power

declared the regular quarterly
dividend Of 81 cents. payable April
80 10 stock of record March 81.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
PITTsBI RGH
Earnings
Armstrong Cork Company

Armstrong Cork Company reports that
the net income for 1870 from operations
in United states was Si.154. O65 or 10 a
share on the common, against 81 40, 1874 on
SO a share in 1889
General Bronze Corporation and who'll,
owned subsidiaries showed q 1870 net profit
Of SiOS 376 equal to as cents share
against a net loss Of Sal, 800 In 1899.
Mandei Brothers. Inc. reported for the
year ended Jan. 81, 1871. net profit of
$3.50. 12s. equal 10 81 cents a share against
1855 .20s or So cents share In the pre-
ceding year.
National tontsiner Corporation and sub
salaries revealed a 1850 net profit OF S7e5
67i equal 10 81 90 share on the common.
against 1857 gij or LOS share in 1889.
National Enamellng and stamping Com
pany reported a 1910 net profit Of 500 100
equal 10 81 % a share, against a net loss
OF 500, 699 in 1888.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
Toronto Stocks

Quotations supplied by Bongard a Co
windsor. Prices IN cents. Noon quotations
MINING
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-18
TIC AGO

CHICAGO. March l7.-1Ss) -BUTTER
Receipts. 10, i57 tubs: steady TO &c up.
Extras W score, 30i4c: standards 90 score
cars 30izc; extra firsts 81 score 30i,
flrsts IS to SO score. 2sis a2sAc; specials
% score, 30il n 3OA..
EGGs-Receipts. Ie.I73 cases: y to 1isc
up. Current receipts. 1Tisc; fresh extra
firsts. 1871 9is%c; fresh firsts. 1sgis ssc
CHEESE - Twins. i5g15Ie: daisies
prints and longhorns. 1874 1i5s,c.
LIVE PoULTRY-stesdy to &c up
Turkeys i5u gle; hens, 1871 q2ihc; leg.
horn hens. 10di7c; springers. 1eu23isc
broilers. 1871 d2Ohc; ROSTERS, liz i2c
ducks. ~ 20ise: geese 10d13isc
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-22
u. S. Chart

Detroit and vicinity; Mostly cloudy with
scattered showers and thunderstorms to-
DAY, Saturday partly cloudy with showers
not much change In temperature. highest
today about Sc degrees. lowest tonight SO
degrees. highest Ssturda rs degrees; gentle
southwest 10 west winds.
For the region within 300 miles OF De
troit: Indications for today and tonight
are for partly cloudy weather In Upper
Michigan and considerable cloudiness over
the remainder Of the region with scat
tered showers In all sections. except south
ern Indiana, extreme southern Ohio and
southern Pennsylvania Temperatures VIII
he slightly higher today in Ohio. Saturday
will be partly cloudy IN cloudy with scat
tered showers and few thunderstorms in
extreme southeastern Lower Michigan and
the southern and eastern portions ~ the
region. Moderate temperatures will prevail
generally.
LAKE FORECASTS
Moon to Midnight Today
ST Clair: Wind southwest To west, 10
to Is mph partly cloudy, showers in late
Erie Wind southwest 20 OCCASIONALLY
west. IS 10 20 mph.. reaching % mph. At
times over east portion in afternoon; show
ers and thunderstorms.
Huron Wind southwest 10 west. Is 70
90 mph.: scattered showers and thunder
storms
ontario: Wind southwest 10 occasionally
west Is 10 20 mph., reahcing rs mph. at
times over east portion in afternoon, show
trs and ihunderstorms
Michigan Wind southwest south Of
Milwaukee and Muskegon and west ~
northwest north Of those points. Is 10 20
mph partly cloudy scattered showers
Superior Wind west and northwest, IS
to 20 mph partly cloudy
DETROIT DATA
, Temperature at 30 a. m. today: "a
degrees
Temperatures Thursday: Highest, 50 de-
Crees lowest So degrees mean, - de-
gTees.
Departure from normal temperature
Thursday: degrees
Departure from normal temperature since
January 1 42S degrees
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-22
.Japs Peril Siberia
Washington Watches for Toxic Move Against
Russia as Nippon Troops Fill Manchukuo
BY KINGSBURY SMITH
Intr News Service star Correspondent

Summer is over 10 prevent Ameri-
can aid reaching Vladivostok in
any substantial quantity.
Official quarters in Washington
have no doubt that Japan's mill
tary leaders are taking a grave
view OF the shinment of American
war supplies 10 Russia via Vladi-
VoStok.
Japan'S military and naval lead
ers are known 10 have long re-
gardcd VladivoStok as a threat 10
Japan. They tried 10 remove that
potential danger in 1918 by at
tempting 10 annex Siberia, nut
American government opposition
prevented it.
While American officials doubt
that Japan will 80 so far as 10
attempt 10 stop American ships
carrying supplies 10 VladiVoStok,
it is thought the Japanese might
decide an attack on Siberia would
give their navy an excuse TO
blockade Vladivostok and thus
prevent American supplies from
reaching that port.
Despite Japan'S alarm over
American shipments TO Vladi-
voStok. this government is stand
ing pat on its determination to aid
Russia and ii maintains the posi-
tion that the Nippon empire has
nothing to fear from such cid as
long as il lets Siberia alone.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-22
Vichy Minister
Admits Sabotage

VICHY. France, Aug. 22.-
GNSD Arrest Of 5000 Jews in
Paris, execution Of two men con-
Victcd of ecent sabotage and
sweeping raids in both occupied
and unoccupied France were re-
ported in Nichy today as part OF a
widespread move 10 bolster French
collaboration with the Axis pow
ers.
Secretary Of Communications
Rerthelot IN radio broadcast
from Vichy, appealed 20 railway
workers throughout France 10 re.
Spcct the armi,tice duties"
Berthelot admitted several re-
cent cases of sabotage and urged
his hearers not 10 follow radio
propaganda of the De GaullistS
Free FRENCH or Communists. lie
deClarcd
THE future Of our old ciViliza-
ton IN at stake. Not only in
France hut also in the Euro
pean East. The government of
Marshal Pctain il doing its ut
most for France. Our nation
will perish II IFS workers are dis
loyal"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-22
President Hits
At Senator Byrd,
Rep. Ham Fish
Borah's Prediction,
No War in 1880,
Recalled in Slap
al Two Critics
By GEORGE DURNO
Int >,w, s,ruc, >'ar corrc'r'ra'o'

HYDE PARK. y. Y. Aue ~
President Roosevelt took sharp
issue with critics of sjniniSlra-
tion Efforts 70 guide foreign policy
and aid 70 Britain today aiming
his shafts notably m Senator
Harry Byrd D1 Of Virginia, no.
charged that defense production
was tagging badly and a. Rep.
Ham Fish lB) az New YORK. "ho
said defeat Of Germany would lose
the United States world markets.
The President cited facts and
figures from the war department
10 disprove Byrds charges
So far as FIShs recent Phila-
delphia speech was concerned, Mr.
Roosevelt recalled the classic error
OF the late Senator William +
Rorah of Idaho. who told a White
House conference IN July. 1899.
that his best information indicated
there would be no war that year
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-22
Japan Fears L. S.
Planes in Soviet

TOXIC. Aug. %. GNSl Fear
that American hOmberS repeatedly
being sent 10 Russia would be
retained in VladivoStok' for pos
Sible use in the Pacific was voiced
by the Japanese government today.
Prospective flow OF American
arms into Siberia via the Japan
Sea has aroused keen national
feeling" in Nippon according 10
Koh Ishii, spokesman for tho Jap
anese government.
The government spokesman once
more denied that Americans in
Japan were being held as hostages.
Japan. he said, is too proud 10
take foreigners as hostages.
Adding that the matter Of the
President Coolidge (which failed
TO call in Japan after Toxic re-
fused permission for large num-
Der of Americans 10 saID was
closed. the spokesman indicated
that Japan was relaxing restrlc-
lions.
Meanwhile, the Japanese cab
met approved revision of Japan 5
wartime mobilization program
for the third quarter Of the fiscal
year following freezing Of Japa-
neSe assets by Britain and the
United States.
The revised program will involve
the swiftest possible expansion Of
and establishment Of
self-sufliciency. il was
said.