Word: armament
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...VERY handsome prosperity it has been; one that has endured as few others during the stormy days since 1929. As a result of the operations of these highly international concerns the world's yearly armament bill stands now in the vicinity of a billion and a half dollars. During the last few years the Far East in particular has contributed much to satisfy the MM. de Wendel and Schneider--to say nothing of Vickers-Armstrong's Sir Herbert Lawrence. Japan has been a highly profitable customer; the firm of Mitsul, allied to both Schneider-Creusot and Vickers-Armstrongs, served...
...would traffic in arms has continued unceasingly since the war; the armamount leopards have never changed their spots. Detail upon detail, incident upon incident, illustrate how well the armament makers apply the two axioms of their business. Let one incident suffice here...
...early days of the century the curious fashion in which French governmental loans insisted on relating themselves to Schneider Creusot orders. Throughout these years France had made loans to Mexico, Greece, Japan, Russia, Spain, Italy, Rumania, Serbia, Bulgaria, and Turkey, and every one of these countries had., thereupon placed armament orders with Schelder-Creusot. The last two countries had, in fact, pushed the return compliment as far as turning French guns, so bought, upon French troops at the outbreak of the war. Almost inevitably. M. Faure pointed out, there sat on the directorate of the financing bank of the country...
Have governments ever taken any steps to confiscate the business of the armament makers? Very few. In the early days after the war, Europe's government had small heart for had small heart for proceeding against their betrayers, even though the waxen seals on the Treaty of Versailles were scarcely hard before they were once again busy disturbing the peace...
Excited deputies flaying the government's national defense and foreign policy programs denounced its failure to check Germany's alleged re-armament program, which they declared was forcing France rapidly toward another bloody conflict...