You will be glad to know that I have approved both Miss M. and Miss J. It would have been most inconvenient to everyone if I had packed them back off on the train to Montreal! They seem compatible with the local nurses and with Fanny, and have given me a combined brief on the course of therapy for Vickie. Miss M. in particular is firmly confident that Vickie will grow up fully normal. I could not help thanking merciful Heaven at that, and got the queerest look. She is a very bright woman, and I wonder if she has guessed the nature of the household into which she has arrived? It would be a very difficult thing to keep secret from an inquisitive soul, short of throwing the tarps back over the floors in the main hall and the Whale Man.
Speaking of family obligations, with the nursery sorted out, we attended the Big Game against Berkeley with "Miss V.C." and Lieutenant A. this last weekend. One team or another won, and Fat Wong was able to meet discreetly with "Miss Ch." and receive a package, which I have forwarded to Father. I am informed that several Soong couriers have passed through the airport on their way east since the election, and I was sorely tempted to demand drastic action. The least they could do is fly via Europe!
You've asked about investments. This month's news leaves me feeling vindicated about steel and aircraft. The aviation industry is clearly stepping back from their more ambitious plans. There will be no sales of the Constitution, and it is beginning to look as though the Rainbow is in trouble as well. (Although look for that to change if the Army really does send a rocket to the Moon.
Uncle Henry was with us at the game, and soon rather grandly invited James and Uncle George off to whet their whistle and talk about how one or the other of Berkeley or the junior college placed the porkskin in the forks, as they say in football. But, really, he wanted to pester them about about magnesium.
With autos, you will have heard about the scandal over the disposal of the Chicago Aircraft Engine plant. With Willow Run in the hands of our family con artist, someone at the War Assets Administration found another one to take on that white elephant. It is certainly not good news for the machine tool industry that the big auto firms are scaling back. It is even worse when entire buildings full of new capital equipment are going for a song.
There's more. What this person did not know is that Wilson Wyatt already had plans for the plant. Specifically, he wants it for building prefabricated homes. I assume that this will mean metal buildings rather than concrete, wood, plastic, or viscose or asbestos or whatever else, and so will absorb some of the machine tools already installed there.
That seems like an invitation to jump back into steel and light metals, but James thinks that, attractive as the idea of replacing our vast home construction industry with efficient, factory-made products is, it is just not on. How do you keep a metal house heated? How do you keep it from rusting? Yes, I know, aluminum and magnesium do not rust. They do catch fire, though! The point is, whatever happens at Chicago Dodge, it is not likely to include an enormous plant turning metal sheets into houses.
And I say that without even noticing that, after striking out (they do that in football, do they not?) with James and Uncle George, Uncle Henry pestered me about magnesium and autos. Only to give it a feminine touch, he talked about how light a magnesium perambulator would be.
|Worst. Baby. Stroller. Ever.|
Uncle Henry's antics aside, I think Uncle George continues to be right. Electronics is where we need to concentrate. The sky really is the limit, and I do not just mean radio stations on the Moon! Where the more traditional sectors cannot possibly absorb much more capital equipment, all of the new FM and television stations will have to be completely equipped, and there is the tantalising possibility of region-, or even nationwide rebroadcasting facilities for the television networks. If that does not come true, then there is all the more prospect for magnetic tape recording. James says that the Philco board is ecstatic about the success of Uncle George's friend's new show, and the wider potential of tape distribution of recorded shows. Replacing live radio is one thing; taped soap operas are quite another.
|If pre-recording means that Bing can go off speed, he might actually be able to sit down and enjoy some music.|