Word: rearmaments
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...Such people argue that a stalemate in the Battle of Great Britain with a compromise peace would be the best possible outcome of the present war. I wish I could agree. But those who hold such views, it seems to me, neglect entirely the time required for an effective rearmament of this country. More important still these same people, in my opinion, fail to understand the true nature of our peril. They fail to realize that we today are witnessing an event in human history analogous to the sweep of Mohammed and his followers thirteen centuries past. The inhabitants...
...Munich was less spectacular, but more costly. Not only was war hateful to him, but all military and naval matters were distasteful. When Hitler broke his word of honor as a gentleman and occupied the rest of Czecho-Slovakia, Chamberlain determined that Britain must rearm. But he believed that rearmament would be used for negotiation, not for war. And so the rearmament of Britain was mostly on paper, and Hitler also knew that...
...program for the coming year will devote most of the time of the Council to research and discussion of the economic consequences of the rearmament program. Key men from Washington will discuss these problems and those concerning trade with South America at various meeting during the year...
...would receive $500,000,000 in orders by next spring. With him Commissioner Knudsen had brought blueprints to help them retool their plants, prepare to mass-produce wing, fuselage and tail assemblages. If they could handle the job, said Mr. Knudsen, automakers would get one quarter of the entire rearmament fund alloted to aircraft...
...market is even tighter than the lumber market, doling out new supplies to defense-favored customers only. Another key Japanese supplier is the machine-tool industry, which has made sales of about $20,000,000 a year to Japan ever since German industry became too preoccupied with its own rearmament to supply such exports. But machine-tool men would not mourn the loss of their Japanese arms-making customers. They are already in danger of defense priorities, would doubtless be relieved if Japanese work (already paid for in the main) could be passed up in favor of overdue defense work...