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Comments on the United States' defense budget under the administration of President Richard Nixon. Increase in defense procurement; Controversial navy projects that are getting a boost in the fiscal budget; Budget allocated for defense research and development; Appropriations for the Army; Defense spending, such as the purchase of the Sparrow; Army's request for funds for equipment to replace the materials turned over to South Vietnam; Budget message of Nixon.

Reports on research and development works on chemical and biological warfare (CBW) being carried out in various academic institutions in the U.S. Amount spent by the U.S. Department of Defense on CBW research and procurement programs; Information on various centers for testing CBW munitions; Overview of CBW research works in the U.S. Air Force and U.S. Navy; List of colleges and universities that hold CBW research contracts.

Comments on policies adopted by the U.S. government on dealing with a decline in defense spending as of September 10, 1955. Encouragement of the government to individuals and private corporations to fill in the decline; Impact of the initiative on the domestic economy; Need for U.S. people to accept recessions.

The author comments on the efforts of the U.S. government to eliminate public enterprises in the country. These enterprises cost the U.S. Department of Defense more than $15 billion in capital investment. According to the National Associated Businessmen, there are a total of 232 government enterprises that are in competition with the private sector. The elimination of unnecessary government-operated businesses has led to the introduction of a bill that restricts government competition.