ECONOMICS IS THE TRADE BOOM COMING TO AN END?
1957The NewsletterJ. H. Bradley Read the scan at ETOL (PDF) →Read from the scan by machine and not corrected: headlines and words can be misread, and a caption or advert can run into the text. For anything you quote, read the scan.
By our Economic Correspondent Wortp trade in manufactured goods has been expanding since 1950, thanks to the enormous expenditure on arms since then and thé consequent need for large investments in industry in order to cope with the additional demand.
The industries particularly affected are fron and steel, heavy and light engineering and the motor car industry. plus the fuel industry and the auailiary trades depending on these industries.
Sinse coal is not capable of rapid expansion. the expansion in fuel has been largely in oil. Production has increased from +66 million tons in 1948 to 857 million tons in 1956.
At the same time the oil companies’ share prices have flared [SCIENCE ] markets can be clearly seen.
THE TRUTH ABOUT BRITAIN’S H-BOMB By J. H. Bradley Numrrous Press reports in the last few weeks have suggested that the first British H-bomb was in some sense a ‘clean’ bomb. as it did not lead to heavy fall-out.
Tn the normal triple-decker, or fission-fusion-fission bomb. the second (fusion) stage is facilitated by the heat and neutrons generated by the third (fission) stage, so that they procred in part simultaneously, The theory is that the last stage of the normal fssionfusion-fission bomb was eliminated, leaving only a uranium or plutonium detonator and a lithium deuteride fusion bomb. If this were so, jt would mean that Britain had reached. the same point as the USSR was at in August 1953. with the conceivable difference that the Soviet bomb could not then