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Word: rearmaments (lookup in dictionary) (lookup stats)
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Purpose of His Visit: Pleven & Truman will discuss U.S. aid for Indo-China, the Korean situation, French and German rearmament, a possible conference with Russia. Pleven laid himself open to Gaullist criticism of second-fiddling when he did not accompany Britain's Prime Minister Clement Attlee to Washington in December. Now he hopes to regain face for France...

Author: /time Magazine | Title: International: POUR LA FRANCE | 1/29/1951 | See Source »

Attlee's game of musical chairs meant more power for Bevan and Dalton, both members of the Labor Party's anti-U.S. (but not pro-Red) left wing, which Right-Winger Attlee has consistently appeased. In recent months Bevan has stubbornly opposed British rearmament, has fought tooth & nail against more defense spending if it meant curtailing his social services. Attlee may hope that as manpower boss, a key defense post, Bevan would find it in his own interests to help Britain's defense program...

Author: /time Magazine | Title: GREAT BRITAIN: Attlee Pays Off to the Left | 1/29/1951 | See Source »

Entirely aside from military expenses, the U.S. is now subsidizing Japan's economy at the rate of $182 million a year. It could pay for some Japanese rearmament by continuing or increasing this after the signing of a treaty. The U.S. subsidy could be reduced by the re-creation of a large Japanese merchant marine. A bigger merchant-marine building program, long restricted by occupation policy, would put the Japanese in a position to import distant raw materials at prices they...

Author: /time Magazine | Title: TREATIES: Liability into Assets? | 1/22/1951 | See Source »

Britain's 1950 coal output set a postwar record of 216,301,100 tons­but it still fell 1,700,000 tons short of the nation's needs because of the soaring demand for power for the booming export drive and rearmament. British miners, dissatisfied with pay and conditions in the nationalized coal industry, were not giving their best. Thousands of them, tired of the dirty, dangerous work, quit to join the expanding armed forces or to take better-paying jobs in other industries. In 1950, the mining force fell from 708,900 to 688,600; absenteeism...

Author: /time Magazine | Title: GREAT BRITAIN: Dear Friend . . . | 1/22/1951 | See Source »

Then John L. Lewis appeared before the board. "Why do we need to freeze prices now, and why freeze wages now?" he demanded. The U.S., said Lewis, could devote 25% of its capacity to rearmament and "do that job in its stride. Our capacity is 50% greater than in 1939 and we haven't used it at all, even now . . . Why can't our country go forward and produce this 25% without the necessity of putting our economy in irons? What do we want? More steel? We're getting it. More coal? We can have it . . . hundreds...

Author: /time Magazine | Title: CONTROLS: Inflation by Publication | 1/22/1951 | See Source »

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