Chapter 1047: Expanding Armaments (Asking for a Monthly Pass)
The next day, President Roosevelt summoned Secretary of State Hull, Secretary of the Navy Swanson, Secretary of the Navy Denn, and Secretary of the Treasury Morgenthau.
"Ladies and gentlemen, I have already thought of a plan for the next development of the United States. If successful, this will allow us to get out of the economic crisis very quickly. President Roosevelt said.
"Your Excellency President, what can you do?" Hull asked.
"From now on, we will increase the expansion of armaments. In a short period of time, let our military power grow exponentially! President Roosevelt said.
Several people present were shocked. None of them were fools, and naturally they understood President Roosevelt's intentions at once. No one expressed their opinion, and they knew that there was no way around it. If this is not the case, then the economic crisis will continue to continue, and the damage to the United States will be even greater.
"Your Excellency, are we preparing for war?" Secretary of War Ron asked.
More than 10 years ago, they were attacked by the German fleet on their homeland, inflicting great losses on the United States, which has always been regarded as a great shame by the Americans. Over the years, they have also been working hard to improve their military strength. However, in order not to overstimulate the Germans, they were not fast.
Secretary of the Navy Swanson was even more excited. Because many shipyards on the East Coast of the United States have been destroyed, the shipbuilding strength of the United States has been hit hard. Under such circumstances, although the US Navy has been developing over the years, there is undoubtedly still a big gap between it and becoming a powerful navy. If the United States can start expanding its armaments from now on, it will undoubtedly mean that the great development of the US Navy will soon begin.
"Yes, so to speak. This economic crisis has hit us hard. The Germans will not let go of this opportunity. Therefore, we must have more powerful force as soon as possible. In this case, even if the Germans were to attack us, we would have the ability to defend ourselves. At the same time, we can also use large-scale government procurement to stimulate the domestic economy and get our country out of the economic crisis as soon as possible. President Roosevelt said.
"But, Your Excellency, this requires a lot of money. And our finances have long been overwhelmed. Treasury Secretary Morgenthau reminded. If you don't have money, you can't do anything.
"In terms of funding, we can continue to issue government bonds, and in addition, we can also borrow from major banks. After all, if the economic crisis continues, it will also be bad for the major banks. If the economic crisis can be recovered as soon as possible, the major banks will also be able to profit from it. What's more, we have a massive build-up of armaments, which can bring a large number of orders to those factories. Everything will develop in a good direction. President Roosevelt said.
Morgenthau frowned, as Treasury Secretary, he knew how much money it would take to make it all happen. If you rely on the U.S. treasury alone, you won't be able to come up with that much money. Therefore, we can only rely on the issuance of government bonds and loans from major banks. But will those banks lend to the government? As the representative of the major consortia in the cabinet, Morgenthau is well aware of how greedy and stingy those consortia are.
"Your Excellency, I can try. But whether it will succeed or not, I don't know. Morgenthau couldn't guarantee that.
President Roosevelt nodded: "I will contact people from the major consortia." For the sake of all of us as Americans, I hope they can help our country get through this. ”
"Your Excellency, if we really build up our armaments on a large scale, I am afraid it will irritate the Germans." Secretary of State Hull still has some concerns.
"We don't have to pay attention to the attitude of the Germans. Anyway, the war between us and the Germans was inevitable a long time ago. That being the case, it is undoubtedly the most important thing to strive to develop our military power and ensure our own security. Roosevelt insisted. He is a listener though. However, it is also very difficult to change when a decision has already been made.
"All right, Your Excellency." Hull had to say no more.
Perhaps because Roosevelt personally talked to the major consortia, the government's loans went very smoothly. Sales of government bonds are also going well. The people have no choice but to raise so much money from the government to defend the country and to defend them, so naturally they enthusiastically support it.
Three days later, Army Chief of Staff Douglas ? MacArthur, a four-star general (provisional), submitted a plan for the expansion of the Army's armored forces. He hopes to purchase 3,000 new tanks, 2,000 armored vehicles, and 20,000 trucks in the next five years, expanding the US Army's armored forces from the current three divisions to ten divisions. At the same time, the artillery configuration of the infantry division was further increased to strengthen the firepower.
After all, in the next war, the US Army will not be able to confront the German Army. The German Army has always been known for its firepower. If the firepower is too weak, the US Army is afraid that it will be defeated by the German Army. After all, in terms of the elite of the troops, it is obviously impossible for the US Army to be compared with the German Army.
With a stroke of the pen, President Roosevelt approved the expansion of the Army.
Subsequently, Chief of Naval Operations William? Harrison? Admiral Shandley also submitted plans for the expansion of the U.S. Navy.
The U.S. Navy plans to start construction of 15 aircraft carriers over the next five years, as well as continue to build new battleships.
The current US Navy already has eight aircraft carriers, but the USS Langley is an experimental aircraft carrier. Moreover, the aircraft carriers equipped by the US Navy are far from being comparable to the German Navy in terms of performance and quantity. Therefore, the US Navy only proposed to build a large number of powerful aircraft carriers that can be mass-produced.
In terms of battleships, in the naval battle of the Azores more than ten years ago, all the battleships of the US Navy were lost. However, the U.S. Navy has now rebuilt two North Carolina-class battleships and four South Dakota-class battleships, and six other Iowa-class battleships are under construction. The Admiralty's operational plan submitted this time is to add five more 'Montana-class' battleships to further increase the size and strength of the US Navy's capital ships. After all, the German Navy still retains a large capital ship force.