(Wednesday, January 9, 1952, 12:30 p.m. EST) — U.S. President Harry S Truman summoned the nation today to “move full steam ahead” in its rearmament drive because the “threat of world war is still very real.”

The president, in his annual State of the Union message, charted a stern course of continued high taxes, greater military expansion, tougher wage-price controls, fewer civilian goods and more foreign aid.