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While this duty rests upon me I shall do my utmost to speak their purpose and to do their will, seeking Divine guidance to help us each and every one to give light to them that sit in darkness and to guide our feet into the way of peace. Franklin D. Roosevelt Third Inaugural Address Monday, January 20, 1941
With the beginning of reconversion these developments have been reversed. Residential construction and outlays for plant and equipment are on the increase; inventories, too, are being replenished. In the past 3 months private exports have been slightly in excess of imports, for the first time since 1941. Consumers' budgets show a significant change.
RESTRICTION Of MONOPOLY AND PROMOTION OF PRIVATE ENTERPRISE The second major policy I desire to lay before you has to do with the growing concentration of economic power and the threat to free competitive private enterprise. In 1941 the Temporary National Economic Committee completed a comprehensive investigation into the workings of the national economy.
Long before our enemies surrendered, the foundations had been laid on which to continue this unity in the peace to come. The Atlantic meeting in 1941 and the conferences at Casablanca, Quebec, Moscow, Cairo, Tehran, and Dumbarton Oaks each added a stone to the structure. Early in 1945, at Yalta, the three major powers broadened and solidified this base of understanding.
However, later, probably sometime in 1941, someone at a higher level decided that we should not be defenceless and a blueprint arrived one day showing how to make raid party truncheons. There were two types, the first consisted of an 18-inch length of stirrup pump hose loaded at one end with concrete and fitted with a thong at the other.
In the latter part of April 1941 the German army marched into the northern suburbs of Athens at 11 o'clock in the morning. At 3 o'clock in the afternoon of the same day, a strong unit of the Gestapo arrived in the southern suburb of Kallithea and surrounded the block in which my house was situated and broke into it, looking for me and my transmitter.
And fourth, to increase our production rate of merchant ships so rapidly that in this year, 1942, we shall build 6,000,000 deadweight tons as compared with a 1941 completed production of 1,100,000. And finally, we shall continue that increase so that next year, 1943, we shall build 10,000,000 tons of shipping.
You see, the collection is part of the residue of the estate, left equally to myself and my two stepdaughters, Nelda Dunmore and Geraldine Varcek. You understand, Mr. Fleming and I were married in 1941; his first wife died fifteen years before." "Well, your stepdaughters, now; would they also be my clients?" "Good Lord, no!" That amused her considerably more than it did Rand.
We cannot forget how Britain held the line, alone, in 1940 and 1941; and at the same time, despite ferocious bombardment from the air, built up a tremendous armaments industry which enabled her to take the offensive at El Alamein in 1942.
In 1942, we produced 670,000 machine guns, six times greater than our production in 1941 and three times greater than our total production during the year and a half of our participation in the first World War. We produced 21,000 anti-tank guns, six times greater than our 1941 production.
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