Word: armaments
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Fireworks touched off by the Sonate Munitions Inquiry have thrown into House strong relief the ethics of armament makers and of those who own shares of stock in these companies of doubtful morality, yet the Senate committee makes no attempt to define any workable set of standards by which their ethics may be judged. Partly through P. T. Barnum publicity, but more because of the amazing facts that were revealed, England has appointed a royal commission to examine the arms, trade, while public interest all over the world is keener than ever before. Undoubtedly this is a good thing...
Sabre-scarred, be-monocled aristocrats of the Wilhelmstrasse (German Foreign Office) winced when Adolf Hitler ordered them to send to his Realmchancellery the entire diplomatic correspondence of Germany relating to armament & security since the War. In effect the Little Man who is now so big said: "Stand back and leave German diplomacy to me in this crisis...
German Arms: "Simultaneously . . . Germany should resume her place in the League of Nations" and Europe's armament problems should receive a "general settlement" based on "equality of rights in a system of security. . . . This settlement would establish agreements regarding armaments generally, which in the case of Germany, would replace the provisions of part of the Treaty of Versailles at present limiting arms and armed forces in Germany...
Once again, in fear of a common enemy, France and England are drawing together. Once again, an armament race is in the offing. Once again, the vital factor in preventing that race is Germany. The next few months will prove whether history repeats itself, or whether the leaders of Germany are willing to cooperate in an endeavor to bring about economic improvement through a subsidence in the international distrust and insecurity that is the arch enemy of progress...
...policy of a navy and air force second to none is a sound method of ensuring us against being drawn into another great war?", yes,--728, no,--1,859; "Should the United States enter the League of Nations?" yes--1,600, no--956; "Do you advocate government control of armament and munition industries?", yes--2,183, no--417; and "In alignment with our historic procedure in drafting man-power in time of war, would you advocate the principle of universal conscription of all resources of capital and labor in order to control all profits in time...