Word: rearmaments
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...Canada last week signed a 350-word document reviving the wartime Hyde Park Agreement to create what amounts to a single rearmament program. As a first step toward coordinating defense production, Canada imposed curbs on consumer credit (e.g., one-third down payments on cars, 20% on other merchandise) similar to controls already in effect...
...Although vague on the subject of German rearmament, the communiqué on Germany issued by the Big Three Foreign Ministers meeting in New York flatly announced that...
...were told that the Viet Minh forces could not launch a general offensive." Radical Deputy Pierre Mendès-France warned: "If we want to win the war ... we will have to triple our military forces and . . . our military budget. We must choose between the rearmament of Europe and the war in Indo-China...
...German rearmament had split Pleven's ministers. The Socialists were dragging their feet over the issue. One of their spokesmen, Defense Minister Jules Moch, was opposed to the U.S. plan for quick recruitment of a Germany army. "I will be the minister of French rearmament, not of German rearmament," he said stubbornly. A hectoring Communist communiqué from Prague (see INTERNATIONAL), demanding a halt to German rearmament, sent some Socialists into a flutter; they saw "another Korea on our doorstep...
...French rearmament had the backing of all important parties except the Communists. But financing it, even with a whopping U.S. handout (see INTERNATIONAL), made fiscal changes imperative. New taxes seemed necessary, including heavier, more equitably distributed levies on corporations and farmers. With parliamentary elections a few months off, the Assembly balked in political fright...