The army had literally billions of rounds in war storage for the 1903, BAR and all of our general purpose machine guns. All ammo manufacturers were "tooled up" to mass produce .30-06.
This is the standard “do nothing” excuse. Ammunition has a shelf life. The Army scraps single based ammunition at 45 years, double based at 20 years. Whatever ammo was left over from WW1 was rapidly heading for the scrap heap.
The M1903 would have ended on the scrap heap sooner, as it should, if the 276 was adopted. The 276 Pederson was an excellent round and would have been an effective service round. Might still have been in inventory today.
Incidentally, we sure as heck had more 30-06 in inventory after WW2 and Korea then before WW2. And we had just built several million more Garands and BARs. But finally, we adopted the 308 and a product improved Garand. It took two decades after the 276 was dropped that the opponents of change were finally revealed as false prophets. Change has its proponents and opponents. The path forward is seldom clear cut, but the consequences of rejecting change when you should have accepted change will have unintended negative consequences. And that consequence is the 223. An inadequate round that will be with us for decades to come.
If we had deployed the Garand in .276, the rifles, BARs and machine guns would have fired different rounds. The ammo makers would have had to split their production between two different rounds. Supply would have been a nightmare.
Supply is always a nightmare. Just as standardization remains an utopian idea used to reject change, and ignored when change is finally made. Six million 30 caliber Carbines were made in WW2, that was the most popular long arm in that war, and we were also able to make and supply all the ammunition, magazines, to supply the war effort. Our industry was able to supply all the new planes, ships, cannons, tanks, boots, cans, our Armies needed. Standardization will not fix the problems of an inadequate manufacturing sector.
Which incidentally, we have today. We cannot sustain a major war because we have off shored our manufacturing. But in WW2, we could out supply anyone on anything.
Today we are a service sector economy. We service what the Chinese design and build.