Military Spending Will Not Affect Economy, Say Busy School Men

Expansion of the armed forces will not affect the nation's economy, 15 faculty members of the Business School announced Wednesday. The group asserted that our economy "should be able to bear up" despite the proposed military increases.

Neither "wishful thinking about world events," nor "doubts about the country's economic capacity" should deter the Joint Chiefs of Staffs' enlargement plans, they said.

These plans call for the addition of two Army divisions, 48 Air Force Wings recommissioned World War II ships, and half a million men to the services.

However, the group did warn the public that there were certain "stubborn facts' that they would have to face in 1952 These facts included Communist movements in Europe, shortage of raw materials in the U.S., a lag in defense production here, and the indifference of the American-people towards mobilization.