Word: agreement
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Dates: during 1930-1939
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Vickers directors are men of wide affairs. Sir Herbert Lawrence, besides being a director of the Bank of Rumania, is also a director of the Sun Insurance Office, Ltd., with which Vickers-Armstrongs had a curious agreement that "if the profits (of Vickers) in any year during the five years ending December 31, 1932, do not amount to $900,000, then a contribution not exceeding $200,000 will be made in each year." Sir Otto Niemeyer, the infant phenomenon of British finance who first entered His Majesty's Treasury at the age of twenty-three, is another Vickers director...
Through these industrial and financial interlockings Vickers-Armstrongs conducts its affairs. They are profitable affairs for as the agreement with the Sun Insurance indicates, a profit of some $4,500,000 a year is considered so unsatisfactory that insurance must be carried against it. And England's aristocracy takes pleasure in clipping its coupons. Among the more prominent shareholders, in 1932, of Vickers or other concerns associated with the production of materials of war were; Rt. Hon. Neville Chamberiain, Chancellor of the Exchequer, and Sir Austen Chamberiain, M. P., winner of the Nobel Peace Prize...
Almost sixteen years ago the Armistice was signed. Before very long, a new generation will be taking over the reins of power the world over. Is there any sense in letting an agreement made when the war was still in the minds of every man and woman continue to create bitterness among peoples who have no real quarrel with each other? The jealousy and distrust with which defaulting nations are coming to regard the United States is most unfortunate. To the youth of America is seems unfair that one of the latent causes of future wars is nothing more than...
...Consideration of silver only by international agreement...
Paris, May 13--Sales of United States airplanes, motors and parts to Germany aroused officials today. The press, however recalled there is nothing to be done about it because the United States never was asked to join an agreement between France and Great Britain not to sell Germany anything which she could use for military aviation...