Word: armaments
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Supported by Italy, Germany and Russia but outmaneuvered by Britain and France, lean, nervous U. S. Ambassador Hugh Simons Gibson abandoned last week his efforts to secure acceptance by the Geneva Conference of President Hoover's resounding One-Third-Armament-Reduction proposal (TIME, July...
...Noble Idea." Emboldened by the stand of Russia and Italy, cautious Dr. Rudolph Nadolny took the floor, demanded equality of armament for Germany with other Great Powers under the Hoover Plan. He threatened that if Germany is not given this equality of armament at a reduced level (provided for in the Treaty of Versailles) she will boycott the Disarmament Conference when it meets again...
...from a paper in his hand. The newsmen flipped out pencils and pads to jot down his words. He stopped reading to order: "Put away the pads. The proposal has been typed out for you." The "proposal" was a world-sized plan for major reduction in all forms of armaments (see p. 14). Armies were to be cut one-third above necessary "police components." All tanks, large mobile guns and bombing planes were to be abolished along with chemical warfare and poison gas. Battleship fleets were to be cut one-third, cruiser, destroyer and aircraft carrier tonnage onefourth. No nation...
...time has come," the Engineer President said, "to adopt some broad and definite method of reducing the overwhelming burden of armament which now lies upon the toilers of the world. This would be the most important world step that could be taken to expedite economic recovery...
Released last month, but so quietly that correspondents covering the Geneva Disarmament Conference failed to note it, was a League of Nations report showing which countries are the worst offenders as exporters of armaments & munitions- or rather which were the worst in 1930, the last year covered by the League's discreet report. World's worst offender was Great Britain which did 30% of the total arms peddling, next France (13%), third the U. S. (12%). The report, extremely conservative, estimated the total volume of the arms traffic in 1930 at only $55,200,-ooo, called attention...