U. S. ACHIEVES AIM: 'GUNS AND BUTTER'; Goods and Services Total Up From $286 Billion in 1950 to $363 Billion Rate in June MATERIALS PROVE AMPLE Industry Outlays Now Put at $28 Billion a Year, Against $19 Billion Before Korea U. S. ACHIEVES AIM: 'GUNS AND BUTTER'
After the outbreak of the Korean War three years ago the Truman Administration embarked on a program of "guns and butter," designed to provide adequate armament in the event of full-scale war, in addition to full-scale production of civilian goods.
