Word: armaments
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...Great Britain the shipbuilding, armament and heavy engineering industries still suffer the after-effects of the War. As result the British iron & steel trade (notably Vickers Ltd., and Armstrong, Whitworth & Co.) has suffered. Last year and the year before Armstrong, Whitworth had heavy losses. Vickers's earnings have been so poor that the company two years ago reduced its capital from $128,420,000 to $88,396,287, in order to make its dividend rate look respectable...
...this situation Vickers Ltd. and Armstrong, Whitworth & Co. recently decided to help themselves by amalgamating their naval shipbuilding, armament and heavy and special steel business as a separate company. This new company the parent concerns will control jointly. Last week they had practically completed details of the new company's organization and exchange of stock. On Jan. 1, it begins to function...
...sure that, if persisted in, this warning bangs, bolts and bars the door against any hope of fur ther agreement with the United States on naval armament." It was this attitude, said Lord Cecil, that prevented an agreement when one had "very nearly" been reached. Continued...
...inventor was Lieutenant Colonel in the Ordnance Department during the War, was commanding officer of the Dayton aircraft armament division...
...best to mediate between U. S., French, Italian and Japanese representatives who were squabbling about disarmament as members of an important League committee. With a voice and manner gently reproving, Count von Bernstorff called upon the Great Powers to disarm here and now down to the minute Post-War armament of Germany. Up and down Unter Den Linden, Germans commented on the Count's speech with ponderous approval, seemed unstirred by the supreme irony of the situation in which he spoke...