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My Dearest Wing Commander:
I have received your last, and will try to reply to your questions in --well, I was about to write something grandiloquent about "in the order of their importance," but that is beyond my garrulous nature. I leave the most important to last, let us say.
First, it looks like we will be a houseful for some time. As might have been expected, the Admiralty's decision to build some of the later freighter-aircraft ships as "assault carriers" has evolved in the typical way from the stage at which we cared when naval architects talked about ship stability to the point at which the specialisms have had each their say. Now there are vast amounts of new equipment to be procured and installed, and the vessels are expected to float vaguely upright, and so your eldest has been cut new orders that will keep him on the "West Coast Shuffle" at least through the New Year. At least I can look forward to sharing a berth on the Seattle and Los Angeles trains!
Second, the Santa Clara estate is surprisingly little touched by the ravages of war and old age. There is even a boy's crashing tread shivering the old timbers. Although your youngest is, of course, rather older than when we left for Greenwich! The western verandah has come out to make way for an outdoor carport, a long overdue "improvement" brought on by your son's attempts on an invalid Lincoln that he inherited from a friend of mine, a minor movie star gone to war. (I draw a curtain over the trip up from Los Angeles, whose details would hasten your graying.)
Once again I salute my wisdom of four years ago in taking the master suite instead of my old bedroom. Not only does it seem so much smaller now, but little could I imagine in 1939 that we would end up hiring out the cabin to no less than three dockyard workers' families! You can imagine the bedlam in the back yard. The long and the short of it is that the outdoor kitchen is running by shifts and the ranch hands take their meals on the back verandah. Michael and Joan have elected for the back bedroom, keeping the hands a little quieter knowing that their boss is overhead and that he speaks Spanish. Joan by the way, is seeing to her mother and the house in Pasadena, where they are to retire to be closer to their grandchildren.
Of Shiwa Ta-Wan you will have heard from your wife and daughter, and I say no more of the ruinous old pile overlooking us. Your son, and daughter-out-of-law will be staying there. This rather avoided a bit of a scrape for we three bachelors, who received many a stern look on "Mrs. J. C.'s" (if I remember my coy little code from 1939, she was "Miss G. C." then). She seems to have been shocked as much by the amount of food lying around as by the mess. She also took a dim view of the effort put in by the local girl who is acting as our after-school housekeeper. What can I say? Good domestic help is impossible to find, and she is well-mannered and attractive, in that blonde Californian way. "Mrs. J. C." has taken it upon herself to organise Grandfather's papers. Thank God. I was not looking forward to trying to find a lawyer in San Francisco who could be trained to read the old Hakka pirate writing! (Not to mention that he would then be equipped to read this correspondence.)
This brings me to two final and more sensitive matters. First, Grandfather was apparently roused to a rare moment of coherence upon hearing your letter read. (Congratulations on receiving the RAF "contract" by the way!) Bill and David were summoned up to the big house to give a seminar. Grandfather had lapsed by the time they arrived, of course. Fortunately, they are well-used to their patron's eccentricities, and took in stride receiving instructions from his "translator." It does not hurt that she was looking very fetching indeed in a beige linen dress! They recommended --but enough of that for now.
Second, or, as I think in this rambling pile of digressions I have quite lost the thread, most importantly, there are the Earl's rather pointed questions about my dissent from our cousin-in-law's business plans. I understand his anxiety. As much as you have disabused him about "H. C.'s" legendary (alleged) business genius, he still speaks very much the received West Coast wisdom. Given our inherited real estate profile, the future of a very large share of the family's fortune is linked to the prosperity of the Pacific Slope. So why do I dissent?
Ordinarily, I would give my answer in the financial newsletter appended. However, I did not feel comfortable rendering Bill and David's recommendations even in Hakka characters, so have hauled out the family one-time pad, and given that I was transcribing anyway, this month's newsletter brings England up-to-date on the sordid side of our real estate business. That being said, just because I was "feeling like" transcribing does not mean that I was feeling like waxing eloquent, so I have appended my argument with "H.C" to the end of my news roundup. Knowing my tendency to wax on, I take the liberty of bolding those bits of news and comment of special relevance.
Flight,
4 November 1943
Leader: Wingate’s force in Burma was
very romantic, but the point was the striking example of modern science and progress, since transport aircraft
can supply troops now.
“War in the Air”
German bombers attacking Russian
rail-, and bridgeheads in strengths of 50 or more, trying to hold up Russian
advance. Our correspondent is not fooled by Middle East Command’s attempt to
paper over the fiasco in the Dodecanese, of which I shall say no more. Unlike the press.
“The Rotol AGP,” which is a petrol
generator set for auxiliary power generation aboard aircraft. My eyes pop at
hearing 3,750rpm, 37 kW output. This is most impressive detailed mechanical
engineering, and it uses a sleeve valve, perhaps the first time I have heard of
this technology being put to meaningful work. One wonders why an aeroplane would need 37kW.
“Drop Tanks;” Carefully faired
metal, paper and wood tanks extend fighter ranges. A picture of a Lockheed
Lightning with two 150 gallon drop tanks is captioned with the information that
an additional 300 gallons “approximately doubles” its range. Err. Assuming three
hours in the air (at a cruising speed of over 300 mph, that is a lot of
range!), the engines absorb 50 gallons/hour. The author adds that
with drop tanks, the Spitfires of the Photographic Reconnaissance Unit have
flown over Koenigsberg, while another made a ferry trip to Tunis to photograph
Italian targets, while Mosquitoes have flown from Scotland to Russia and then
back between lunch and “early evening.” Apparently, the Russians, letting
Allied solidarity take precedence over class solidarity, do not serve PRU pilots dinner.
The
Economist, 6 November 1943
Leaders
“The Moscow Conference” happened.
“Restitution:” We cannot do without
some war reparations, but they will be in the form of German goods and
services to Russia, not money.
“The North East Coast:” Remember the
tragedy of unemployment in Sunderland, Jarrow, Bishop Auckland and Durham? It’s
hard to think back that far, but what if it happens again? Things should be
done. Agricultural and mining machinery? Also, and perhaps you will point this out for me to the Earl, “Electrical engineering, which is flourishing on Tyneside, could be
expanded.” More housing is the greatest need.
Notes
of the Week
Pay-as-you-earn income tax is here.
The paper is pleased. “The Secretary and the Viceroy.” The White
Paper on the famine previewed in Parliament by Amery, the SoS India to the
effect that the famine is due to the incompetence of the government of Bengal. The paper is not pleased. Food must be found for India. Latins are excitable. Some in Labour think that coal must
be nationalised to secure the supply for the winter. As for the miners, they want a 6
pound/week minimum wage (notice that Mr. Lewis has won an increase of $1.50/day), the release of miners from the Forces, and the
abolition of dual control. Meanwhile, the threat of a winter coal shortage is
being met by “expedients.” Output will be 5% lower than last year, 190 million tons vice 200. At best it will be an uncomfortable winter. At
worst, if the Coal Board in Washington was correct in warning that the coal
needs of the Mediterranean cannot be met from American supply, it will be
more serious than that.
“Strikes and Arbitration:” The London
dockers’ strike, which lasted a week, was over the pay of danger money for
handling some classes of goods. How circumspect in this month of official commitment to the Second Front. Are munitions meant? The London docks will be loading a very great deal of it, I imagine. In the West of Scotland engineering industry,
it was over “rate for the job” for women (allegedly) hired to do men’s work.
“Sugar and Jam:” From the next ration
period, the two coupons will be interchangeable with the thought that sugar
will be favoured in the summer to promote preservation, and fruit in the
winter, to make allow people to eat more jam. Remember turnip jam?
From Larderlove, where Karon Grieve shares good recipes for turnip jam. |
“The Billion:” This week for the
first time, notes in circulation exceed 1000 million, an American billion. It’s
a milestone. The paper will use the American version of "billion" from now on.
American
Survey
The GOP is ahead in all local
elections. Mr. Dewey is now well positioned for "other things." “Coal Must be Mined;” a
temporary solution to the strikes has been found, with a compromise wage
increase of $1.50/day and temporary Government control of the mines; but some
abatement in the cost of living is needed if there is to be wage stabilisation.
“The Civilian Slice:” Is to be increased. “Early in October, the President of
the Society of Tool Engineers revealed that many shell factories have been
ordered to return to civilian production.” Production of trucks, tank trucks
and repair parts has been stepped up, and the Atlantic coast petrol ration
increased. Quotas on butter and cocoa have been increased, and coffee has come
off the ration. Just in time to save the war effort! The first signs of let-up in the meat shortage have been met by
requests from the packers to increase the ration, good news for readers of Aviation, some of whom, by which I mean, "me," are getting a little tired of relentless salivation over vanished beefsteak. Do Americans know how to cook anything else? Some parts of the war
production effort, notably munitions, are said to have overrun the their target. Yes, I remember them digging up 1913 quotes to that effect in 1915.
“The Food Position:" The current $800
million price support programme could be usefully increased next year by
Congress, the President suggests, and Readers’
Digest recently published an article by Louis Bromfield with the ‘haunting’
title, “We Aren’t Going to Have Enough to Eat.” This is not true, the paper says. Food
production has risen steadily, from a basis of 100 in 1936 to 126 in 1942 and
132 in 1943, with hopefully a still larger increase next year as 380 million
acres are ploughed vice 364 this year. It is, however, true that food
consumption has fallen 5% below the fat year of 1941, and with Service men
eating more, and food aid exports, there is a sense of shortage. The farm
lobby’s campaign against subsidies, controls and food aid export is pernicious and ought not be
indulged.
Senator
Wheeler’s bill for the drafting of fathers has been delayed 90 days to allow
all the single men to be taken. The paper decries the Senator’s unsavoury accusation that
Government work is a refuge for draft dodgers is indignantly decried. The
President presents a bill to provide for the educational needs of returning veterans. Small saver participation inthe Third War Loan drive has proven disappointing, with only $2 billion of $17billion of bonds in the E and F series designed to appeal to them taken up.
Germany
at War
“Air-War Economy” more than half
of Germany’s big towns have been bombed in 1942 and 1943. A very speculative
estimate of a million killed and missing and 6 million evacuated comes from a
neutral source. The paper is cautiously optimistic about the impact on German war production.
Business
Notes
Equities down for the first time
since early 1942; ‘rally
in rails’; Australia repays its sterling debt; there has been excess profits
and waste in the munitions industry. Is there to be cooperation or competition
in international rubber? Will the excess profits tax finance reconstruction?
Durham coal production has failed to meet its targets in every week this
year and output per man-shift has declined from 22.82 cwts to 19.21. The men
are older and more tired, and the strain
of the war is beginning to tell. There is a shortage of young men, and now they
are being “directed” into the mines at the rate of 150/week. Housing in miners’
villages is inadequate for this influx, and many “necessitous” and
marginal mines are being worked. Voluntary absenteeism is lowest in the country
at below 2.5%, but involuntary has ballooned to over 7%.
Flight,
11 November 1943
Leader: “Administrative Innovation.”
The Air Ministry pretends that it is of no great account that two observer
officers have been advanced to the command of bomber squadrons. But how
unthinkable this would have been in the last war! Or recall how “some RAF
circles” reacted to the Admiralty’s 1937 announcement that observers were
eligible for the command of flights or squadrons, and that in multi-seat
aircraft the senior officer was in command of the aircraft.
“War in the Air” Pays tribute to the
Pathfinders, who blazed the trail for the recent successful raid on Dusseldorf. Which is to say, we now admit that there are Pathfinders. See below.
Here and There
A two-speed,
two-stage Merlin has been in quantity production at Packard Motors and is being installed
in new production P-51s being built in Burbank and Texas.
Articles
Frank Murphy, “Victory
Through Air Power: Mastery of the Air by 'Air Battleships:' Jet Propulsion
Favoured: Some Thoughts Evoked by the Film.” This appears to be the title of the piece, which is a reflection on Mr. Disney's recent film version of Seversky’s Victory Through Air Power. Mr. Murphy's thoughts are as unimpressive as title and author's fame suggests, but "jet propulsion" pricked up my ears. Again, see below.
“Hercules Progress:” I might be
skeptical about the practical value of the sleeve valve, but there is no doubt
that Bristol has put a great deal of work into its potential for making the
action of an internal combustion engine even more head-scratchingly complex.
“Aircraft Types: Invader (A-26). The
paper really is shameless in borrowing material from Aviation.
“The Bf109G:” This is news, at least somewhat. Apparently the first examples were recovered in
Tunis. The salient point is that Daimler-Benz has a new engine, the DB605,
which gives 1350hp for takeoff vice the old DB601’s 1200. This strikes me as a
rather small increment after the boggling increase from the c. 550hp of a decade ago!
“Behind the Lines” reports that the
Germans are exploring a ‘sonic altimeter” based on the depth locator principle.
Which sounds preposterous. Ha! "Sounds."
“Blazing the Trail:” Air CommodoreD. C. T. Bennett, CBE, DSO, is now noticed as having been wearing the
Pathfinder Force Badge in a June 17th visit to a Bomber Command
station in Yorkshire. Air Commodore Bennett was born the youngest son of a
grazier in Toowoomba, Australia and is 33. I am feeling old,
and inadequate. Again, it is official. There is a Pathfinder Force.
Ad: “Planning for Power.” I shan’t
include the uninspiring artwork, I only draw your attention to the fact that
some flea-bitten firm called “Herbert Terry and Sons” is representing its research office as an empyrean realm of men in white laboratory coats and benches in the pages of Flight.
Bristol may talk of tax breaks for research, or Hiduminium. That I can take in stride. When a spring maker
is on about its research efforts,"research and development" is officially a "fad."
Flight’s
publishing office advertises the
availability of a second edition of G. Geoffrey Smith, Gas Turbines and Jet Propulsion for Aircraft. This has been advertised in Flight for some weeks now. Giving authorial creditor to the line editor rather strongly suggests that the actual prose originates in a Government shop. Given that we are to hear nothing of "jets" officially, I imagine that I have stumbled across some vast state secret, and I hope that the Gestapo's foreign press section is particularly dense.
The
Economist, 13 November 1943
Leaders
“Unscrambling Politics;” Mr.
Churchill has given a masterful speech that is the preview of the next King’s
Speech, probably the last before Germany is beaten and quite possibly the last
before a general election. This seems hopeful.
“The American Temper:" The Moscow Agreement has American
internationalists in full flood; but don’t count the isolationists out, either! On the one hand this, on the other that, Mr. Wilkie this, American anti-English sentiment that.
Notes
of the Week
“Three Voices;” Stalin, Hitler and
Churchill have all given big speeches this week. They
mirror the war in their way, says the paper. “Russia, triumphant, warlike, national but
Socialist still; Germany in retreat, gloomy, and mystically frenzied; Britain
resolved, confident, and half aware of the morning after victory, now assured.”
“The Air Front;” Stalin said nice
things about the bombers. Churchill laid stress on its effects. And Air Marshal
Harris gave a talk.
“Climax in the East,” the fall of
Kiev.
“Reciprocal Aid;” the President
recently said that Lend-Lease makes up 12% of the American war effort, and
British reciprocal aid 10% of its. Well, a few numbers shall certainly lance all inter-Allied acrimony!
“Rewards for Service” given the
predicted shortage of teachers, might not service personnel be invited to train
for it? And shouldn't we try paying them? A new
compensation scheme is needed.
American
Survey
“Thunder of a Distant Boom” is
another boom in agriculture in its incipient stages, asks Our Correspondent in Iowa? It could be! Booms are bad, as they threaten ownership by the men who work the farms. Farmland price appreciates. Speculators and rich people somehow intrude themselves between farmers who sell to relatives. “Thousands of Iowa farmers sold out at boom
prices last time . . . and retired to live in southern California
on their incomes from mortgages, even though it made hard the lot of the next
generation of farmers, thus burdened with the debt for grossly overcapitalised
farms.” But wait. The "men who work the farms" pay a mortgage that by itself supports their parents in retirement? That is quite a farm! And does the "boom" not meant that they will now be able to sell their farms at 'inflated' prices and retire to the palm trees in their turn? Our Iowa Correspondent seems a bit wet to me.
“The Omens for 1944:” The GOP sweep
was even more complete than first thought. The Republicans are convinced that
this is predictive. Wilkie says that the country is tired of the
Administration. The GOP now controls the majority of state governorships, with
all the rewards that will bring them. The surrender to Mr. Lewis will reward Republican challengers in farm states. The Economist certainly gives Wilkie a great deal of press.
“The High Price of Coal” To get the
miners back to work, the reward was $1.50/day. The concession that lunches will
be cut to 15 minutes, with the miners paid at time-and-a-half for the quarter
hour, is but a fig leaf. The Administration’s failure to sustain the War Labour
Board is folly, and the way is open for a CIO-led assault on the wage
structure, starting with the steel industry.
“Lend Lease Debt” The Truman
Committee turns its attention to lend lease. More inter-Allied trouble, in
particular over rubber? Or is the committee to be moderate and sane?
“Eire’s Wheat Supplies” are
threatened in spite of an increase in ploughed acreage. A guaranteed and
increased price for wheat will promote its growing. Yes, we have seen this play before. Government's view of what counts as an adequate price of wheat (or, in Bengal, rice) so rarely coincides with the farmer's.
Business
Notes
.. . Of which I note only “Fruit
Production.” The Ministry is stepping in,
because too much orchard land has been lost. Although the details suggest that in practice more will be lost. But ministry direction means science! Unproductive orchard land is to be grubbed, and all will be for the best in this best of all possible worlds. Turnip jam. The mouth fails to water.
Flight,
18 November 1943
Ad: Republic: “Our Backyard is the
Stratosphere.” The P-47 operates above 40,000
feet. Reggie, my 17-year-old day scholar litters the house with "pulps" dedicated to daring far future adventures in the blackness of space. But we are already halfway there!
Leader: “Crippling Japan:” while the
Japanese cope with MacArthur’s attacks on Rabaul, rushing aircraft and cruisers
there, and cripples back, the Americans have commenced work on two35,000 ton aircraft carriers, with another to follow next year. “And the
Americans build fast.” Well. Remember the last intended 35,000 ton capital ship laid down the midst of a war and how that turned out?
“War in the Air” Allied fighters and
light bombers conducted 500 daylight sorties on a recent day over Northwest
Europe on a recent day without seeing a German fighter. The Germans are
conserving their forces against heavy bomber raids and the coming invasion. As
to whether the sweeps are worth interception,
I can only notice (yet another) picture of a “cannon attack on a railway engine
in Belgium.”
The recent attack on Wake involved the largest concentration of
aircraft carriers ever assembled, the United States Secretary of the Navy
reported, and give the lie to the idea that carriers must operate out of range
of land bases. This inter alia of a notice that the U-boat war will be taken
over by land-based Navy squadrons, which I read as mainly salient for confirming that United
States naval aviators will have access to squadron command berths. Worth knowing for the youngest's sake, if his ambitions remain firm.
As to the mighty concentration, I
note that United States Navy appropriations are not really secret.
Three fleet carriers survived the first year of the war, Ranger because she is not deemed suitable for Pacific operations.
The Naval Expansion Act of 17 May 1938 authorised two new aircraft carriers, with
a third appended later, and the July 1940
Two-Ocean Navy Act ultimately authorised ten more to the same design and
8 to be converted from 10,000 ton cruiser hulls under construction. While I
suppose that an East Coast miracle (I can tell you that no miracle workers
stalk the shipyards of this coas) might have rushed the Two-Ocean Navy order into
service, I think it more likely that it is the three Naval Expansion carriers and some or other of the light carriers, with perhaps some glorified freighters. In which
case, while I congratulate their courage in steaming into harm’s way, I suggest
doing so with a weather eye to just how many land airfields they might choose
to tangle with.
“Here and There” notes the American
announcement that deliveries exceeded 8000 aircraft last month, and that, with
Allied totals added, makes the United Nations 3-1 winners on the production
front.
Lord Brabazon promises that the British aviation industry has nothing to
fear from American production after the war. This seems optimistic to me. There
is a reason that the American industry has flocked to Los Angeles, and it is
much the same reason that the film industry flocks to Hollywood, with hardly
any time to even come up to San Francisco and “make time with our girls,” as
your son puts it. “And him a married man!”
Also ‘Here and There’ is news that
Sir George Thomson, FRS, has been appointed chief scientific advisor to the Air
Ministry. It is noted that “he will work in consultation with Sir Robert
Watson-Watt, the RDF maven. Excuse me? How did an atomic scientist pip W-W out of the post? One assumes that it is a
matter of being his (grand)father’s son.
“Luftwaffe’s ‘Most Surprising
Discovery,’” speaking of carriers of great names, Carl Zeppelin writes that
German investigators have discovered
that only the lead American bombers carry their famed bombsight, and that the
bomb load of Fortress-type bombers is slight, “as nearly a third of their weight-carrying
capacity is used in armour,” which I assume is some winsome rendering out of
the German of “arms and armour.”
Behind the Lines
Notices that the Rumanians have
announced a parachute corps. Candidates must be physically fit, of Rumanian
“ethnical origin,” and, if possible, proficient in at least one foreign
language. As someone of pure and unblemished English origin myself, I parse
this as “Handsome, swell, and a good liar.” Look for the next generation of Rumanian
leaders to be former paratroopers, in short. The first German pictures of the
“havoc caused by the attack of Lancasters on the Mohne and Eder dams on May 17th”
is included. Finland is starting a new lubricants industry to make industrial
grease out of animal fats due to the curtailment of German deliveries. Due to
acute shortage of housing, the Reichs Commissioner for Housing declares 17, including
Berlin and Vienna, “closed,” preventing relocation there.
The Economist, 20 November 1943.
Leaders
“Lord Woolton’s Task;” Lord Woolton’s appointment to the Cabinet as Minister for Reconstruction is a positive move. His record as Ministry of Food follows him, and a more difficult task lies ahead!
Notes of the Week
“Labour and the Nation” Labour is trying to set up its position for the eventual general election. French and Italians continue to be excitable Latins.“Retreat and Counter-Stroke” the battle around Kiev is ongoing, with a German counter-attack perhaps even aiming at retaking Kiev. God, I hope not.
American Survey
“The South and the World” The South is isolationist. Before 1941, it led the states in percentage of volunteers. Now it does not, despite the South's natural martial valour. Perhaps we might question our premise? But no. The South has views on tariffs. And Mr. Wallace. The South is moving right. The country is moving to the right. The President is moving to the right….
American Notes
“Coal and the Little Steel Formula” The Administration’s position is that the wage reward was within the terms of the “little steel formula,” because all of the increase in pay is compensated by increased production. The paper is not convinced; and now the railway operators’ union has “revolted” and asked Congress to overrule the Stabilisation Director’s ruling that they can’t have more money.
“A Drop in the Bucket” is an increase of $2 billion on the revenue side of the new budget. There are increases in excess profits tax, effective income tax rates, and in excise and some other special taxes, but the paper scowls over Congress's unwillingness to tax in proportion to the nation's need.
“Hey Diddle Dilling,” Mrs. Elizabeth Dilling has crashed, Anti-Saloon League style, a Chicago talk on Lend-Lease given by assorted usual suspects of the British Commission and the paper. (One does not have to agree with Mrs. Dilling to take her point, here.) The Sun blames the Tribune for fostering a “Black Network” of crypto-fascists. It sounds like Chicago has a vigorous press rivalry to which the paper pays far too much attention.
Gogo and Gopo” Mr. Baruch has been put in as head of a new unit of the Office of War Mobilisation which is in charge of “war and postwar problems of adjustment.” That is, of disposing of Government-owned war plant., whether Government Owned and Government Operated or Government Owned and Privately Operated. After WWI, much was sold at fire sale prices and scrapped with enormous waste. The Chamber of Commerce recommends that this experience not be repeated.
The World Overseas
“Roumanian Anxieties:” are understandable given that Kiev is only 150 miles from the Bessasrabian frontier, “From Kherson to Odessa it is 100 miles, and to the mouth of the Danube 250 miles," but a good harvest has relieved some pressure on the government.
Letter to the Editor: “Marine Insurance;” Basically an answer to what all we shipowners have been hearing about windfall profits from casualty insurance.
The Business World
“the Durham Coalfield” with 100,000 workers, the field has produced 1/7th of Britain’s needs. The decline has already been noted elsewhere. I keep coming back to this, because apparently there is a real possibility that the poor will freeze this winter. It seems distant here, save when caught in a Bay fog, but it is rather alarming nonetheless.
Business Notes
Mr.Montagu Norman is to be recommended for election as Governor of the Bank of England this year, as he has been since 1919. “Coal Output” has increased by 88,600 tons for the last four week period, but is still 216,000 tons under the weekly average of this time last year.
“Larger Clothing Sales” follow the release of more clothing ration coupons, remarkably enough.
“Wages in the Cotton Industry” in more amazing news, there is upward pressure on wages.
“Home Flax” this encouragement scheme has not gone well/
Flight,
25 November 1943
Leader: “Thorny Questions:” Are we
to have commercial flying boats or not? (There is an article later. “Gigantic
flying boats are structurally efficient,” I say. “Efficient!” The last man to
make a house with a stone axe must have felt much the same way as he vainly made his arguments. ) “The Fall of
Leros:" I break my embargo because the paper asks where might be the carriers which took
part in the Salerno landing? “They may be reserved for another landing behind
Kesselring’s lines.” Secrecy! Is another glorious victory on order? And by that I mean,
will Eighth Army somehow be able to break free of its trenches and advance to
the relief of the beachhead again?
War in the Air
Bombing of the mountain routes into Italy, with many striking pictures of martial supplies, including whole aeroplanes, shattered and scattered about ruined trains.
“Gatwick Airport” is being built.
Here and There reports that Mr. W.
H. Eisenman, national secretary of the American Society of Metals, is reported
to have told a luncheon in Winnipeg that “After the war, people will buy
helicopters for $1500, learn to fly them in five to ten minutes, and be home
for dinner at the rate of 130 mph.” “What a swell lunch that must have been."
Behind the Lines reports that the
Japanese have begun parachute instruction at the kindergarten level. The Japanese are an odd people. On a more serious note, the Romanian
Ministry of Air declares the confiscation of all stocks of butyric acid and
butyl acetate. Householders must be queuing up now to render theirs to the Ministry.
“Fluid Drive:” modern aircraft
hydraulic systems are very complex, and in many remarkable ways quite similar
to electrical systems. I imagine that a great deal of math is involved.
Ad: mistreating an SKF roller bearing is much
like smoking in a powder store. For some reason. Ad: The Timken Tapered Bearing is one of many roller bearings that come in many highly machined and varied forms. Cf. "Schweinfurt."
The Economist, 27 November 1943
Leaders
“Great
Illusions” Cordell Hull says that the UN will be kind of like the League of
Nations. The paper thinks that collective security under such a scheme is an
illusion.
Notes of the Week
“State
Assets” HMG has accumulated lots of stuff, and net, it is easier to say that
the war has led to a distortion of the nation’s domestic capital than a
decline. Overseas is another matter. See my precis of Fortune, below.
“The Future
of Exports” America needs to import more stuff.
“World
Needs” More productivity per unit labour, above all so that people can pay for, and consume more. See Mr. McGraw, below.
“Slow
Motion in the East” the German counterattack continues.
“The
Gilbert Islands:" Admiral
Nimitz announces the fall of the islands after a short and remarkably
successful American combined operation. The paper points to a threat to the
Caroline and Marshall Islands and to Nauru as well as to Truk, and notes Radio
Tokyo discussing nervously the upcoming “battle of fleets.” The paper sees a pre-emptive spiking of the guns of the Pacific Firsters
complaining about the diversion of American efforts to Europe. Can we also look forward to a "decisive fleet battle" involving aircraft carriers to test the controversy between Mahan and Richmond?
American Survey
“War Plans
in the Far West:" With the
index of production at 200% of the 1935—39 average, the development of American
war production is a matter of pride. But what happens during
readjustment? Will communities have to give up their war plants? Provo, Utah
does not want to give up its steel plant, which cost $200 million in public
money. Dreams of post-war industrial
development in the West face obstacles, the paper admits, but the thought is that it is only political folderol holds them back.
The paper adds that there is the dream of an unleashed
torrent of consumer demand. Individual holdings in saving banks have now
reached $31 billion, with another $19.5 billion in war bonds. The pent-up
demand for consumer goods might support plants in areas where they are right
now marginal.
American Notes
“Favourite
Sons” A tortuous tour through the likely course of the GOP primaries end with the observation that it will be Dewey, of course.
“Freedom to
be Fascist:" it would do the paper good to just not read the Chicago press. Good God. General MacArthur really is the best that the conservative wing of the GOP can field.
“Inflation
Front:” The anti-subsidy bloc in Congress cavalierly votes to end this main bulwark against inflation by 278-118. This comes up against Presidential veto, at
which point the question is whether the bloc can find a two-thirds majority.
“As Raymond Cooper points out, the fight against subsidies is really a fight
against price control as a whole." Translation: Congress will make a great show of voting against subsidies for the sake of the rubes, and slink away when there is a serious question of putting more pressure on the feeble
anti-inflationary barriers is felt.
The Paper tries to scare us (all numbers in American billions):
Second Quarter
|
||
1942
|
1943
|
|
Total Income
|
27.4
|
34.5
|
Total Personal Taxes
|
1.5
|
3.5
|
Investment
|
19.8
|
22.3
|
Total Disposal
|
25.7
|
31.9
|
Quarterly Addition to
Inflationary Pressure
|
1.7
|
2.6
|
"Quarterly Addition to Inflationary Pressure" is the paper's coy way of saying that there is money burning holes in American pockets. Which, I have to admit, is true. This American Christmas is going to be something!
But with two pregnancies well-advanced in the back yard, I have to wonder just how much more the old town will be painted, at least from these quarters, next year.
Family photograph from the publicity website for Walter Ford Carter's book, No Greater Sacrifice, No Greater Love. I'm a bad person for mainly noticing the opulence of the setting. Amazon. |
But with two pregnancies well-advanced in the back yard, I have to wonder just how much more the old town will be painted, at least from these quarters, next year.
The Business World
“The Dollar
Problem –I” the high value of the dollar reflects the steady influx of
foreign-owned investment into the United States, as shown by the Department of
Commerce’s enormous new study. Gold kept flowing into the States because it
didn’t want to stay in Europe, and this is more a cause of the trade imbalance
in the 30s than American tariffs, perhaps. Perhaps.
Business Notes
“Coal
Consumption” these late November days are foggy and damp, and it is not
surprising that people are using more fuel. Compared with the corresponding
period in 1942, 13% more gas, 12% more electricity. The Minister of Fuel pleads
for conservation. Will fuel be rationed this winter?
“EMI
Reserves” Close reading of the new format that Electrical and Musical
Industries has chosen for its financials suggests that there is a healthy
profit margin for their products, one that will continue through the postwar
period of eager replacement.
Roger Russell's father bought this "Stromberg-Carlson radio-phonograph console" sometime before 1943, but his father thought it worthwhile to move in '43, in spite of a shift in FM frequencies that would soon require its classic looks to be ruined by a console-top frequency shifter. |
“Light
Metals” In his monthly munitions production report for July, Donald Nelson of
the US War Production Board state that the production problem for magnesium and
aluminum has been overcome. Mg production is at 35 million lb/mo compared with
500,000 before the war, while annual production of Al is at 1.7m tons, with
production of both set to further increase.
And now I turn to the monthlies.
Aviation, November
1943
Front cover: A Pratt & up to ten tons
each." I am reminded of your complaints about American bragging, Reggie. Although, of course, the B-24 does carry 10 tons, all disposable lift taken together. Just not 10 tons of bombs, unlike the Halifaxes and, now, Lancasters to which your unit attends. Will the "Mossies" be offended if I do not mention them? Wood they? I am sorry. I shall stop now.
Whitney ad celebrates the B-24. “From July 1 to October 1, 1940, the enemy dropped 18,900 tons of bombs on England. In July 1943 alone, allied bombers dropped 26,000 tons on Germany. Consolidated B-24 Liberators, carrying
Whitney ad celebrates the B-24. “From July 1 to October 1, 1940, the enemy dropped 18,900 tons of bombs on England. In July 1943 alone, allied bombers dropped 26,000 tons on Germany. Consolidated B-24 Liberators, carrying
Line editorial: James H. McGraw II asks: “Free Enterprise: How
Does it Work?” Which is not a rhetorical question addressed to a particularly starry-eyed Fabian, but rather an opportunity for Mr. McGraw to explain that while America was founded by daring entrrepeneurs on the basis of freedom, private property and progress. ("The Second," mind you.) But here he takes an unexpected turn. Waste and unemployment are sobering proof that our economic mechanism
is still far from perfect.
Now, on to substance: Our production per man hour has been increasing at the rate
of 2.5% per year. Improved machines and greater efficiency have more than
tripled output per hour of work since 1900. Looking to the future, this annual
rise indicates that our production per hour of work will double in the course
of he next 25 to 30 years. This means that we can have twice our present volume
of goods and services per capita or an equivalent of more production and more
leisure. But only with free enterprise.
In a compelling demonstration of
efficiency of free market capitalists, the full editorial is repeated on the next page.
Over to “America at War: Aviation’s War Communique No.23.”
We head off this month’s communique with a complaint about modification centres. “Difference between the totals of
delivered planes since the first American models, and the total now in use on
all fronts, is amazingly high.” And I quote. …"Army and Navy are begging for
more planes, faster. It is doubtful they will have enough even on Hitler’s judgment
day.. . . “ More must be done to get production up to the 10,000/month target.
“The Army called a conference in Washington of war industry bosses, labor and
the press. The Navy has just set in motion a new incentive program by which it
will try to jack up the fighting spirit of management and workers on the home
front. Behind closed doors, during the Army’s conference, war goods producers
were told some very disturbing facts about our losses of materials and the
punishment our soldiers are taking. The story of our airmen’s battles is notwhat it sounds like in the newspapers. The whole truth cannot be told becausethe facts would be useful to the enemy. . . . Other military observers from
overseas say the Germans have a fighting chance of stopping the Allied bombing
attack. . . . At home, the industry is at a production plateau of 7600/month.
Manpower and design changes are the same old bottlenecks. Labor needs to be
found in other sectors." America's war effort requires very choppy prose, too.
Lou Leavitt, “Let’s Be Calm about Helicopters.”
John Foster, Jr. (associate editor), “Design for Survival;”
and Raymond L. Hoadley, “Cancellation Demands Action –And Quick.” Twin articles
on the theme of how mismanaged contract cancellations spell D-o-o-o-m to the
industry unless Congress Acts Quickly.
William J. Morrison (Chief Field Engineer, Simmonds
Aerocessories), “Engine Control Achieves Simpler Piloting.” It does, you know.
E. C. Hartmann, “Prescriptions for Head Cracks on 24ST Rivets,”
Rivets of this type are used for highly stressed parts because they are the
strongest of commercial aluminum alloys, but they present special difficulties.
Rivets of this type age-harden rapidly at room temperature and consequently
become more difficult to drive as the interval of room temperature between heat
treatment and use increases. Therefore, they should be either driven
immediately after heat treatment or refrigerated. In spite of these best
practices being normally employed, head cracks will often show up in rivets
driven when too far age-hardened. Cracked rivets are often drilled out and
replaced on detection during inspections. This is of dubious value. What is
needed is a better standard for condemning rivets on head crack grounds. Our
tests were limited to a single batch of commercial rivets and not all that
comprehensive, but we conclude that head cracks are nothing to get too upset
about. I
So, in sum, more head-cracked rivets should pass inspection. I was going to add a clipping here telling inspectors to stop rejecting Alclad sheets for nicks, but I seem to have misplaced it, and so confidence in the squadrons soars!
More usefully, there are recommendations on reheat treatment. Factories must better organise workflows, and provide ample refrigeration space. We have an electric icebox now. It is quite nice, and our housekeeper frequently announcers her parents' intention of buying one after the war.
More usefully, there are recommendations on reheat treatment. Factories must better organise workflows, and provide ample refrigeration space. We have an electric icebox now. It is quite nice, and our housekeeper frequently announcers her parents' intention of buying one after the war.
E. V. Gustavson, “Engineers Made to Order.” Vega has
established special courses to adapt the inexperienced and unskilled to
specific production jobs. In cooperation with California Institute of Technology, Warren G. Furry, Vega staff
engineer, is giving a 52 week course on aircraft engineering fundamentals to
forty engineering employees. All subject matter is “college level,” and
includes mathematics, including calculus, (your eldest rolls his eyes at this), aerodynamics, and structures, plus
shop work. All students attend classes at CIT for 9 weeks full time on payroll,
alternating with 9 weeks in the shop. All candidates selected from applications
were women, and were chosen for “personality, adaptability and leadership” as
well as other qualifications. Of 130 initially successful applicants, 75 had
college math through trig, “some two dozen” through calculus. Of the 20
initially selected, six had college degrees, 2 had 3 years of college, 3 2
years, four 1 year, while 4 had finished high school and 1 had 7(!) years at an
art college. Age range was 18 to 49, 14 were single, 5 were married. The
longest any had worked at Vega was 18 mos. It is broadly implied that laboratory and office employees were favoured over line workers.
Incidentally, this program follows on an earlier one that
increased Vega’s engineering staff from 60 to 300 in a few short months by
employing persons from other industries who had been trained as civil,
mechanical and electrical engineers. One wonders what civil, mechanical, and electrical firms are doing for engineers.
“Side Slips” has a story about a pilot who self-administered
first aid from his “Doc’s kit” while bailing out and on his survival dinghy,
about a “hand written note” in a Washington elevator that said that the odor
was from the elevator just being oiled, a relief on a day when temperature and
humidity were both pushing 100. Which apparently means that Washington is a fetid swamp. A “route application to end all route
applications” has been filed with the CAB that will allow the lucky recipient
to fly from anywhere to anywhere in the country. That would be Cousin "H. C.," I imagine. Side Slip makes an extended
joke about Globe
Aircraft leasing the grounds of the Fort Worth Exhibition, and its relation to the steak that Side Slip no longer eats because of the meat shortage.
“Make Your Reservations Early,” United Air Lines has an
incredibly complex and efficient system for dealing with reservation
requests. They have “two-way telemeter” equipment, so that all the branch
offices can communicate with each other simultaneously. There’s a picture of a women putting a sheet of paper
into a gigantic contraption that leaves me none the wiser of the details, which manage to make booking a seat on a plane seem complicated..
“Piloting Big Bombers is Big Business”. Nine weeks in
cockpits, classes and mechanic’s overalls aren’t enough to make you a
four-engine pilot. You need executive ability. A four-engine pilot is a
business-man of the air! Someone protests too much.
Aviation News
From the front we have news that the Germans are losing more
aircraft than they produce, and they are also getting more fighters up than
ever. Salerno would not have been taken without planes.
“War Department Gives out Uncomfortable Facts,” is another
summary of the big Army press conference. The manufacturers are sure that it is labor’s
fault! “Manpower, Design Changes Slow Production, But Efficiency Pushes Plane
Rate Near 8000.” So. Is the industry hoarding labour? Donald. W. Douglas points
out that with a mere 4.4% increase in manpower, we are putting out 44% more
aircraft over the first 7 months of the year. We’re not hoarding, says the industry. It only looks
that way due to design modifications.
Blaine Stubblefield, Washington Windsock, reports that
people are asking where the Navy liquid-cooled engine, promised months ago, might be.
Never mind that one! There’s another one coming that is even better! The Maritime
Commission is making auxiliary aircraft carriers because it has the berths. Boeing Vancouver is giving
a retroactive pay increase of 6-7 cents/hour. In unrelated news, the company
has found only 60 women to fill the 600 berth dorm it built in hopes of
employing that many women. I have seen that dorm, which is at the Vancouver Airport, and and the sooner it is levelled to make way for something that people will live in, the better.
Aviation Manufacturing News: Interchangeability of parts
still has a long way to go says SAE, on American aircraft, world’s best. I thought I’d throw that in, as it has gone unmentioned for pages on end. Douglas
is hiring Chinese students who can’t speak English to work on the assembly
lines, by using labor brokers in San Francisco. In Long
Beach, it is putting high school students on the assembly lines. (They will
attend class at the factory half days.) the Navy scheme for incentivising labor, alluded to above, involves tracking the serial numbers of aircraft involved in famous
victories so that the people who made them can celebrate their work. I am not sure that this will actually prove much of an incentive.
Aviation Abroad: It is officially noted that British
warplanes are cheaper than American. British
aircraft production is going so high that they’re running out of test pilots!
Fortune, November
1943
“About Agriculture,” are farm prices reaching their peak,
notwithstanding consumer fears of runaway inflation ahead? The author thinks
that what is really happening is that people are buying tax writeoffs, both in
terms of livestock and in land. That is bidding up prices, and, ironically,
attempts to inflation hedge are driving inflation. Also, refrigeration will
allow us to eat all sorts of exotic stuff, such as rijstaffel.
I suspect the next bit, about frozen, ready-to-eat dinners is a more prescient forecast of postwar American dining. What about the beef shortage? Currently, we have 38 million head. This is up
from the 1930s, but in 1890 we had 45 million head to a population of 62 million. 38 million for a
population of 133 million is a huge drop.
Also down, lamb crop, mainly for lack of good shepherds.
Yeah, I don't think so. |
Ad: “Gluing Wood with Radio Waves.” Radio waves excite
vibrations in water molecules, producing heating that sets glue down in the
middle of thick sheets of plywood.
Eliot Janeway, “Trials and Error: The West Looks West, and
finds foreign policy no abstract subject.” Or proper capitalisation. There are two possible foreign
policies in view from San Francisco, as the author writes "this 1 October, 1943." One is of an alliance with Britain, the other with "the progressive forces of
Asia." T. V. Soong and Marshal Chiang count as progressives, Reggie! Dewey’s declaration for a British alliance hurt him out here in the West.
Wilkie, on the other hand, is popular because WWII is thought of in the
west as a Pacific war, thus a war of color, “Wilkie’s Negro policy hasn’t hurt
him in spite of alarming growth of conditions that are making this area a new
racial danger zone.” (That's code for eastern trash are flocking to the "the shipyards.")
People in the West, Janeway hastens to add, think of the Negroes as our own India, an obstacle in the way of prestige in Asia. In order for the Pacific century to be achieved, however, we need more than civil rights, in places far away from northern California. In fact, we need heavy industry out west. Now that's quite a jump, and this is what I had in mind when I talked about the conventional wisdom out here. Janeway thinks California needs steel, aluminum, magnesium, alloys and double tracked transcontinental railways must be double-tracked. Finally, he concedes that there must be new housing.
I borrowed this image from a political blog. I hope "crazyuncle" doesn't object. |
People in the West, Janeway hastens to add, think of the Negroes as our own India, an obstacle in the way of prestige in Asia. In order for the Pacific century to be achieved, however, we need more than civil rights, in places far away from northern California. In fact, we need heavy industry out west. Now that's quite a jump, and this is what I had in mind when I talked about the conventional wisdom out here. Janeway thinks California needs steel, aluminum, magnesium, alloys and double tracked transcontinental railways must be double-tracked. Finally, he concedes that there must be new housing.
The paper has sent a correspondent to Britain, who makes his first report: “Britain’s Balance Sheet: 1.” To create siege economy, Britain has produced more,
consumed less, sacrificed her domestic capital and devoured her assets abroad. Here is a fascinating counterblast to The Economist's stout denial that the war has cost Britain domestic investment.
The Cost of War to Britain (millions of pounds 1938
purchasing power)
Year
|
1938
|
1939
|
1941
|
1942
|
Government Expenditure
|
845
|
2660
|
3355
|
3545
|
Consumption
|
4035
|
3551
|
3408
|
3408
|
Maintenance and increase of domestic capital
|
762
|
395
|
220
|
232
|
Overseas disinvestment
|
55
|
658
|
638
|
485
|
GNP
|
5587
|
5948
|
6345
|
6700
|
In brief, in 1938, the gross national income
was about $22 billion, of which the government spent $3.4. In the last year, of
a gross national income of $27, the government spent 14. We note that all of
this production has been done under the difficult conditions of blackout,
bombing and manpower shortage. People talk about the production of American
yards, but British yards are actually more efficient. La!
The sacrifice has been made in areas like imports, in the
cessation of housing development, “the backbone of the recovery in the 30s,”
and pushing beyond allowable cut on timber lands to save on timber, while old
iron mines are reactivated. Labour has increased its productivity, but also its
working hours. Treasury control has been good, more of the war
has been paid for with tax receipts than in the United States, although the
nation will be left with a debt of, so far, $1450/head, compared with 1030 for
the United States to this point. The question, motivated by the table above, is
how Britian will cope with the huge capital investment deficit in everything
besides manufacturing plant, and the loss of foreign revenues?
Sherry Mangan, “State of the Nation: Minority Report." I am informed that Mr.
Mangan is another literary heavy hitter, a translator of no mean repute, a recent reverse emigre from Paris, and a Trotskyite, whereas Janeway only flirted with regular communism back in the thirties. Fortune certainly commissions interesting people to write for it! Mangan thinks that since prices and taxes are
rising, the middle class is getting it in the neck. Labor has been
spared by the boon of overtime. But with the no strike pledge holding back pay
increases, there must come a time when purchasing power begins to decline.
Meanwhile, constant efforts to introduce piece rates, disguised as “incentive
pay,” disgust labor that is coming to believe that “inflation is doing fine for
itself without any wage increases.” Labor militancy
is on the rise, as the UAW convention shows, independent labor
parties will soon revive and separate from the Democrats as people realise
that the old American social contract (that although depressions follow booms,
production rises ever higher and each boom is higher than the last) wfails. A total lack of faith in the future will lead the
workers to the barricades!
“A Yaleman and a Communist:” Emerson Electrics has the best
labor record in St. Louis even though its union leader is a communist! It’s because Yale man Stuart
Symington is a great manager, and the shop steward, notwithstanding being a communist, is a great labour organiser. Emerson, by the way, builds ball turrets
for B-17s.
So, now, as promised, my dissent from "H.C." The substance, of course, is that we have refused to invest in his Fontana steel plant, which Mr. Janeway thinks has bright prospects, and that we are only committing a fraction of our orchard land to his "$5000 homes for veterans" schemes.
Here are my concerns: the whole objection to investing in heavy steel vice electrical engineering is an old one. Surely the Earl does not want me to go over this again? But, of course, it is more complicated than that. "H.C." thinks that demand for domestic steel will continue high into the postwar era because American will take a share of the postwar shipping boom. There is absolutely no chance of that.
Now, I may be dyspeptic, as I am still tired from last week's whirlaround. Men my age should not be asked to make flying trips to the Aleutians, and even my disingenuous soul rebels at being tasked with laying off the loss of ten men to bad welding when the role of poor steel is obvious at a glance.
Yet even if the Richmond and Portland yards prove to have a postwar future, my objection to the Fontana plant remains the same. The steel industry is globally overcapacity already, and the West Coast lacks inland water transportation, without which it is handicapped on cost control.
The second concern is housing. Of course there will be a housing boom in the United States after the war. The extent of it will depend on whether the professional pessimists are right in deeming Amerca to be a "mature," low-growth nation, or not. I am personally inclined to the pessimistic side right now, although hearing that the Russians have defended Kiev, or that Berlin has been levelled, or even that the Second Front has gone off may well cure that. You see how I have shifted there? It is not the prospects of the American economy that are the cause of this pessimism. It is a contagion from the war news --or, more likely, this miasma of fatigue that settles over people too-old for the work that they are doing.
So let us set the crystal ball aside for the moment as clouded by too many fears and not enough hopes and ask ourselves what the boom will look like. Well, the minimum that we can say, with Our Iowa Correspondent, is that Americans look at houses as capital investments to fund their retirement. (I have even had a pretentious real estate hustler quote de Tocqueville to me on this theme!) The scale of the investment is in proportion to the income to be saved; and when coal miners are getting $1.50/day wage increases, a $5000 house is setting sights too low to be worthwhile.
Oh, sure, there will be those in the family way who urgently need a house in 1946, and there are those who say that all of those wage increases will be eaten up by inflation. To that I point to Mr. McGraw's figures about labour productivity gains. The money has to go somewhere, and as long as labour is short, we squires will have to earn our share. By, I suggest, holding land off the market, taking its pulse, and releasing it in small quantities to match demand.
Again, though, as in all my conversations, I circle back. Houses mean roads and sewers. Roads and sewers mean low-grade steel --especially if America decides to build "autobahns" with "cloverleafs." Now, I grant that there will be American autobahns in some places, notably Los Angeles, and the Fontana plant is well situated to serve them. Yet remember that much of our real estate portfolio was built up in service of the old droving trails. The needs of sheep headed from "the Oregon country" to Chicago, or of tallow-and-hide on the hoof headed for old Monterey and the Bay are not the needs of the modern automobile commuter. Is America seriously to be expected to build "autobahns" all the way along the great old transcontinental trails?
Well, fine, then. We have made most of our real estate money with "H.C" from roadwork to this point. We can continue to do it on an increasing scale if this mad vision of a national autobahn network is ever more than a pipedream. The last thing we need to do is to rush it by flooding the Spokane market, say, with house lots now. Will Fontana provide the steel to make cloverleafs in Spokane? I doubt it.
Whereas the one thing that I am sure that Americans will buy in the postwar is musical entertainment. If you see my point.
So, now, as promised, my dissent from "H.C." The substance, of course, is that we have refused to invest in his Fontana steel plant, which Mr. Janeway thinks has bright prospects, and that we are only committing a fraction of our orchard land to his "$5000 homes for veterans" schemes.
Here are my concerns: the whole objection to investing in heavy steel vice electrical engineering is an old one. Surely the Earl does not want me to go over this again? But, of course, it is more complicated than that. "H.C." thinks that demand for domestic steel will continue high into the postwar era because American will take a share of the postwar shipping boom. There is absolutely no chance of that.
Now, I may be dyspeptic, as I am still tired from last week's whirlaround. Men my age should not be asked to make flying trips to the Aleutians, and even my disingenuous soul rebels at being tasked with laying off the loss of ten men to bad welding when the role of poor steel is obvious at a glance.
www.armed-guard.com |
Yet even if the Richmond and Portland yards prove to have a postwar future, my objection to the Fontana plant remains the same. The steel industry is globally overcapacity already, and the West Coast lacks inland water transportation, without which it is handicapped on cost control.
The second concern is housing. Of course there will be a housing boom in the United States after the war. The extent of it will depend on whether the professional pessimists are right in deeming Amerca to be a "mature," low-growth nation, or not. I am personally inclined to the pessimistic side right now, although hearing that the Russians have defended Kiev, or that Berlin has been levelled, or even that the Second Front has gone off may well cure that. You see how I have shifted there? It is not the prospects of the American economy that are the cause of this pessimism. It is a contagion from the war news --or, more likely, this miasma of fatigue that settles over people too-old for the work that they are doing.
So let us set the crystal ball aside for the moment as clouded by too many fears and not enough hopes and ask ourselves what the boom will look like. Well, the minimum that we can say, with Our Iowa Correspondent, is that Americans look at houses as capital investments to fund their retirement. (I have even had a pretentious real estate hustler quote de Tocqueville to me on this theme!) The scale of the investment is in proportion to the income to be saved; and when coal miners are getting $1.50/day wage increases, a $5000 house is setting sights too low to be worthwhile.
Oh, sure, there will be those in the family way who urgently need a house in 1946, and there are those who say that all of those wage increases will be eaten up by inflation. To that I point to Mr. McGraw's figures about labour productivity gains. The money has to go somewhere, and as long as labour is short, we squires will have to earn our share. By, I suggest, holding land off the market, taking its pulse, and releasing it in small quantities to match demand.
Again, though, as in all my conversations, I circle back. Houses mean roads and sewers. Roads and sewers mean low-grade steel --especially if America decides to build "autobahns" with "cloverleafs." Now, I grant that there will be American autobahns in some places, notably Los Angeles, and the Fontana plant is well situated to serve them. Yet remember that much of our real estate portfolio was built up in service of the old droving trails. The needs of sheep headed from "the Oregon country" to Chicago, or of tallow-and-hide on the hoof headed for old Monterey and the Bay are not the needs of the modern automobile commuter. Is America seriously to be expected to build "autobahns" all the way along the great old transcontinental trails?
Well, fine, then. We have made most of our real estate money with "H.C" from roadwork to this point. We can continue to do it on an increasing scale if this mad vision of a national autobahn network is ever more than a pipedream. The last thing we need to do is to rush it by flooding the Spokane market, say, with house lots now. Will Fontana provide the steel to make cloverleafs in Spokane? I doubt it.
Whereas the one thing that I am sure that Americans will buy in the postwar is musical entertainment. If you see my point.
Just for the record, the carriers that supported Avalanche were almost all back in Britain for the fall of Leros. Formidable stayed with the Home Fleet until late '44 when she set sail for points east. Lusty and Unicorn served with the Home Fleet until in Jan '44 they transferred to the IO. They joined Battler, which had already been transferred to the IO in October. The other three escort carriers supporting at Salerno (Attacker, Hunter, and Stalker) were all under refit in Britain so they could be used for future amphibious assaults, as our unreliable narrator darkly references, but not for something like Shingle- which wasn't yet a twinkle in WSC's eye[1]. They were undergoing refit to prepare them for Dragoon (still known as Anvil at this point), at the time expected to be in May '44. That deadline hanging over everyone's head explains a lot of the half-assed nature of the Shingle planning, IMO.
ReplyDelete[1]: The advance up the boot of Italy didn't come to a halt until after the German invasion of Leros, so I can be pretty sure that that wasn't the reason to preserve shipping.
When he speculates mistakenly, it just adds versimilitude!
ReplyDeleteYeah. That's it. That's the ticket.