Word: rearmaments
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...gist of the Chancellor's message: higher taxes and continued austerity are necessary, to pay for rearmament and to keep the welfare state afloat. More than a third of Britain's budget will go for rearmament ($4.2 billion, compared to $4.5 billion to be spent on social services), a defense outlay second only to the U.S.'s among the twelve Atlantic pact members...
Last week, among Labor leaders crowding the government's front bench to support the Chancellor of the Exchequer in his budget address, Bevan was conspicuously absent. Gaitskell had won Prime Minister Clement Attlee to his view that the government must economize drastically for rearmament, even to the point of making cuts in the bounty of the welfare state. Britons could not expect to save their skins, Gaitskell argued, if they considered only their teeth and eyes. He slapped a charge of 50% of cost on dentures and spectacles...
...Indo-China, Malaya, Indonesia, the Philippines and Nationalist China, rearmament of Germany and Japan; ¶ The Korean war, which (said the report) has been an "Operation Killer" from the beginning...
...Realistically, they recognize that they have few alternative solutions to the problems of meat and coal and no radically different foreign policy to propose. What is more, they are in no hurry to bear the onus which the Socialists must now assume for the higher taxes and dislocations of rearmament. Many would just as soon wait for the plum to fall without having to shake the tree...
President Conant will moderate a symposium on the "Rearmament of Europe" at the first session of the Associated Harvard Clubs' 87th Annual meeting in Chicago next month, it would learned yesterday...