Monopoly of the A-bomb? By James S. Allen B ARUCH’S attempt to in- timidate Wallace is a Sign of weakness and not of strength. I suspect some of our high statesmen begin to understand that the United States, after all, does not enjoy unlimited advantages in the field of atomic energy, as originally imagined. Because the concentration has been upon the atom bomb, and only upon one method of fission restricted to uranium, other Lf : “sources and methods of produc- & BaANCHoRAG ing atomic energy have been J neglected. ‘The field is new, and many Giscoveries are to be expected. At present, the United States has an arsenal of atom bombs and an industry devoted to their output. But Hanford and Oak Ridge and other centers may o ee NTRY DIVISIONS i IL be quickly outmoded, and not 14,000 to ee FROM necessarily by discoveries made in America. i Only by drawing upon. the stock-pile of world-wide scien- N BERING SEA eons To WER. GROUP : ~ AIRBANKS Sure t forward in, they Wr tiie knowledge, to which the : : hat the UssR the Noren.°2 having » tine American contribution is minor, Union has made many innova- 1S the tar, here has 2Opoly- °f the was it possible to engincer the tions in the field of technology. set. been no Eet4. vom. ean : atom bomb. We had the neces- Besides, its social organization : ‘ OREN-With the or © the S0-calleg sary resources, the wartime permits a more flexible and bet- fare—to appreciate the explosive 4aI-bears Policy Safety and leisure, and the tech- ter planned development and effect of his words among those . ; : nology. application of science to a given who think they are the masters And if the Waited States is go- All preliminary Scientific work task. of the atom. ing to lose its monopoly any- become more profitable to agree had already been done, mostly = If there is no immediate dan- HOw, and af Obs USS tctuses. toy etomic disarmament and to abroad, when we collected scien- Oi. =e as has © be terrorized, then it be- destroy bombs which Truman tists from many parts of the world and put them to work on making the bomb. is admitted by e@ [* generally qualified persons that the lead of the United States is due, not to superior scientifis knowledge, | (eee things being generally known, Stalin’s recent state- ment was certainly not com- forting to our atomic diplomats. it is necessary only to com- bine three elements of Stalin’s statement — no immediate war danger, no American atom mon- opoly, outlawing of atomic war- ger everyone hastened to say following Stalin —then the temporary advantage of the atom bmob arsenal is lost. This is of practical value - only if its use is in immediate prospect, or if its existence has the effect of intimidating the world. comes advantageous to give up that monopoly voluntarily in re- turn for information on new discoveries in other countries, to be universally shared. Instead of an armaments race, in which our advantage may prove an utter illusion, it may and Brynes say we have no in- tention to use. if there is to be no immediate War, then the real race is in the application of atomic energy to peacetime construction. And if this is the case, the Baruch plan is worthless. but to the mastery of technique and abundance of resources. This advantage is overrated. These factors are very import- ant, but they are not decisive in an age when the advance of A tycoon explains the mysterious obvious technology is universal among By MIKE QUIN Soe ge eae ae céYyVOU must understand,” _Said “How about the nation’s: manu- controversial that it is ridicu- “I admit,” said Toidey, “that boasts that only 10 percent of Mr. B. M. Toidey, the distin- facturers,” said another reporter. lous for any man to say he EEALES of a normal postwar re- all expenditures on the atom guisheq Wall Street economist, “They're refusing to manufac- knows the answer.” : cession might have .. something bomb was devoted to research, “that slumps in the stock mar- eure anything but the most “There’s something else,” said to do with it.” : while the remainder was on en- ket may be accountable to any high-priced, deluxe goods. On a reporter. “According to gov- “Why say recession, when you gineering and construction. He number of factors. No one really top of that, they have 18 billion ernment figures there are 130 mean depression, and what's finds a naive sense of security knows what causes them. Of dollars worth of goods in their billion dollars in cash bank ace normal about a depression,” said in the supposition that another course, there have been these Warehouses that they’re holding counts and government saving a reporter. country without the know-how radio-active clouds drifting about off the market in order to bonds. That’s purchasing power. “Well, gentlemen, there have would take many years to dup- Since the Bikini explosion. Then break price ceilings. Wouldn’t But it so happens that the top always been depressions,” Toidey licate our atomic plants because 1 understand some of the larger that have something to do with 10 percent of the population said. “Nobody seems able to ex- of the magnitude of the en- Glaciers are cracking up in the the slump in stocks.” owns 60 percent of these say- plain them. They are due, no gineering job and the great ex- Anarctic.” “Certainly not,” said Toidey. ings, and the bottom 40 percent doubt, to many different fac- penditure. ‘ The assembled newspaper re- “There’s plenty of purchasing owns only one percent. With tors.” e porters who had called on the power, If they don’t sell it to- prices the way they are, that “They are due,” said a re- learned expert for an explana- day, they’ll sell it tomorrow.” bottom 40 percent ought to be porter, “to the fact that business IS assumes that plutonium and U-2385 are the only fissile materials that can be used in weapons, and that other meth- ods would necessarily involve a tion appeared dissatisfied. “Am I to understand,’ said one of them, “that you don’t know why stocks have taken a dive?” just about broke by this time. That means purchasing power isn’t what it’s cracked up to be, and if I had any stocks right loots the public of all its ready. cash, and then the people are unable to buy things.” “T am afraid, gentlemen,” said! @ @ne of the reporters scratched his head. “How do you figure that?” Ordinarily I buy a suit similar engineering job. Per- haps 90 percent on research would produce a method requir- ing only 10 percent on construc- tion out of a much reduced total expenditure. Tt is also assumed that the American engineering approach is superior to any other. It is Sometimes forgotten that the Soviet Union reversed the cap- italist experience in its own in- dustrialization by building up heavy industry almost from secrateh, instead of the develop- ment from light to heavy indus- try characteristic of the capital- ist countries. In the process, the Soviet PACIFIC TRIBUNE — PAGE 12 “Qh, I wouldn’t say that,” de- elared Toidey. “You'll find all the experts are disagreed. No one really knows the explana- tion.” Another of the reporters clear- his throat. “Well, here you have the meat industry sitting on a mountain of beef and refusing to let go of a rump steak be- cause they want to break OPA. Would you say that this was having an adverse effect on busi- ness generally? “Oh, no,” said Mr. Toidey. ‘No indeed. There again you have something that is accountable to -So Many various factors that no one really knows the an- swer.” every year. I haven’t been able to buy one for two years. Do you think, when theyre avail- able, I’m going to go in and buy three suits? No. I’m going to buy one. Those other two suits are a total loss so far as business is concerned.” “And how about meat,” said another reporter. “I usually eat three steaks a week. Suppose I can’t get any for six months? Do you think I’m going to go in and buy 75 steaks or so all at once? No. Those steaks are a total loss.” Mr. Toidey took out his hand- kerchief and mopped his brow. “These are questions,’ he said, “which are so complicated and now, I’d begin unloading them.” “Gentlemen,” said Mr. Toidey, “these are unfathomable mys- teries which baffle even the ex- perts. It is absurd for an ordin- ary citizen to even attempt to discuss them.” “There’s no common sense,” harm in using Said one of the reporters. “I don’t see how the stock slump is any mystery. Stock prices have gone as high as they can ever be expected to go. So a lot of guys feel now is the time to sell. Hivery- body says there’s going to be a depression. Even you say that. So why wouldn’t a guy try to unload now while prices are high? Toidey, “that we are discussing matters for too deep for any of us. You will discover that the editors of your newspapers see eye to eye with me on this sub- ject. Depressions and stock market slumps are mysterious occurrences which no man can presume to explain. They are due to an infinite number of reasons, principally labor strikes. I think you would please your editors better if you would con- centrate on denouncing labor, and leave these questions of economics and finance to the experts who realize that no one really knows the answer.” (Reprinted from the TLWWU Dispatcher) FRIDAY, OCTOBER 25, 1946