Missiles, Space, and Other Major Defense Matters: Hearings Before the Preparedness Investigating Subcommittee of the Committee on Armed Services, in Conjunction with the Committee on Aeronautical and Space Sciences, United States Senate, Eighty-sixth Congress, Second Session...

Front Cover

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.

Common terms and phrases

Popular passages

Page 492 - Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily * * *. Lenin was certainly right.
Page 46 - We see no need to be apprehensive about whether or not the American economy can stand the strain of this or even a considerably larger budget. The risk that defense spending of from 10 to 15 percent of the gross national product, or if necessary even more will ruin the American way of life is slight indeed.
Page 42 - Other piston-engine types include the twin engine AN 2, AN 4, AN 8, the 4-engine AN 10, the twin engine IL 14, and the TU 70. Rockets and Guided Missiles In the field of missiles the Russians have made notable progress and they have now in operational quantities missiles with nuclear warheads of different types, ground-to-ground in the short and medium ranges, ground-to-air, air-to-ground, and air-to-air. In addition, inter-continental and intermediate-range ballistic missiles have been in service...
Page 43 - ... who has under his control all factories in which nuclear bombs are manufactured, all testing sites, all factories in which rockets and guided missiles are produced, and rocket and guided missile units. The following are details of Soviet equipment: I Atomic Artillery (a) Atomic 203mm cannon mounted on a mobile platform with a range of about 15 miles.
Page 230 - Joint Resolution to Effect Immediately the Transfer of the Development Operations Division of the Army Ballistic Missile Agency to the National Aeronautics and Space Administration.
Page 46 - The risk that defense spending of from 10 to 15 per cent of the gross national product, or if necessary even more, will ruin the American way of life is slight indeed. It is even less likely that there is some magic number for defense expenditures that, if exceeded, would bring economic disaster; rather, the impairment of growth caused by increasing taxes is a gradually rising one. We have not reached a point at which anxiety over the healthy functioning of the economy demands that defense expenditures...
Page 9 - The closest to one man who would know what the minimum deterrent is, would be Mr. Khrushchev, and frankly I don't think he knows from 1 week to another.

Bibliographic information