Business & Finance: Red Tape Cutter

One day last week six top aircraft executives of the East—including Guy Vaughan of Curtiss-Wright, Glenn Martin of Martin, Larry Bell of Bell Aircraft—packed their bags and entrained for California. They went West to meet Pacific Coast producers and set up a new National Air craft War Production Council. Aim: to help cut production red tape for the whole airplane industry.

Germ of this solid idea was born a year ago when West Coast aircraft manufacturers, including Donald Douglas, Robert Gross of Lockheed and others, decided to pool the know-how of their companies for...