The Bethlehem Steel Company Appeals to the People Against the Proposal to Expe
The Bethlehem Steel Company Appeals to the People Against the Proposal to Expe
Bethlehem Steel Company
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The Admiralty experts consult with them continuously, apportion the work among them, arrange the price — Parliament very wisely never attempts to meddle with such details — and drive the best bargains they can in the interests of the nation. With common sense and a rational spirit of give and take on both sides the system works admirably. How should we have gained if in lopping off the profits of the armor makers we had imperilled the nation? Could any one conceive a more perfect example of the... penny wise and pound foolish policy than one which in the name of economy, weakened the navy, risked an irreparable defeat and prevented us on the day of Armageddon from utilizing the country's industrial resources? That is what Mr. Brooks said. The fact is that if a Government armor plant is built in the United States it will take care of all ordinary requirements of the Navy. The private plants will then have been rendered useless, and a vital reserve factor of safety in national defense will have been destroyed.
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