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Updated: May 31, 2025
In July of 1950, we began our rapid rearmament, and for two years held very close to a pay-as-we-go policy. But in the current fiscal year and the next, rising expenditures for defense will substantially outrun receipts. This will pose an immediate and serious problem for the new Congress. Now let me turn to another question we faced at the war's end.
In July of 1950, we began our rapid rearmament, and for two years held very close to a pay-as-we-go policy. But in the current fiscal year and the next, rising expenditures for defense will substantially outrun receipts. This will pose an immediate and serious problem for the new Congress. Now let me turn to another question we faced at the war's end.
The generals newly appointed in the course of the imperial rearmament at once entered into alliance with the princes, and thus were quite unreliable as officers of the government. Both the generals and the princes entered into agreements with the frontier peoples to assure their aid in the struggle for power.
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