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Domestic News April 10, 1942

The Hagerstown Globe

Hagerstown, Washington County, Maryland

What is this article about?

Breakdown of $77 billion war appropriations as of December 31, 1941, showing proportional spending on ordnance (22 cents), airplanes (17 cents), naval ships (14 cents), and other categories like industrial facilities, munitions, fortifications, pay, stockpiles, merchant ships, housing, and miscellaneous.

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Full Text

HOW WE ARE SPENDING THE WAR DOLLAR
THE WAR DOLLAR

This Chart Shows How The War dollar is being spent.
It is based upon a proportional breakdown of $77,000,000,000 appropriated for warfare as of December 31, 1941.
This Includes $72,000,000,000 voted for defense by Congress, including $13,000,000,000 for Lend-Lease purposes, plus commitments by the Reconstruction Finance Corporation and subsidiaries of $5,000,000,000.

Ordnance (including Naval Ordnance)
22 cents

Airplanes, Engines, Parts, Etc.
17 cents

Naval Ships and Parts
14 cents

Industrial Facilities

Misc. Munitions and Supplies

Posts, Depots, Fortifications (armed Forces)

Pay, Subsistence, Travel

Stockpile, Misc. Exports

Merchant Ships and Parts

Housing

Misc.

What sub-type of article is it?

Economic Military

What keywords are associated?

War Spending Appropriations Lend Lease Defense Budget Wwii Funding

What entities or persons were involved?

Congress Reconstruction Finance Corporation

Domestic News Details

Event Date

December 31, 1941

Key Persons

Congress Reconstruction Finance Corporation

Event Details

Proportional breakdown of $77,000,000,000 appropriated for warfare, including $72,000,000,000 for defense by Congress with $13,000,000,000 for Lend-Lease, plus $5,000,000,000 commitments by Reconstruction Finance Corporation and subsidiaries. Categories: Ordnance (22 cents), Airplanes (17 cents), Naval Ships (14 cents), Industrial Facilities, Misc. Munitions and Supplies, Posts/Depots/Fortifications, Pay/Subsistence/Travel, Stockpile/Misc. Exports, Merchant Ships, Housing, Misc.

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