Word: rearmaments
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...defend that frontier."† Whereupon the House voted (367-to-15) to appropriate about $376,000,000 to up the U. S. Army Air Corps, from 2,320 to 5,500 planes, 21,500 to 45,000 men, otherwise flesh out the land forces. Next on the House Rearmament calendar: $52,000,000 for Guam and ten other naval bases...
...When U. S. Army & Navy officers talk shop nowadays, they chatter less about Roosevelt Rearmament than about a recent, historic shift from professional to civilian control of military affairs (TIME, Dec. 19). From Commander in Chief Franklin Roosevelt down, civilian authorities now are telling the admirals and generals what to do, sometimes are even telling them...
...last week selling at 148½. per ounce in the open market. At the old figure the Bank's gold holdings amounted to only ?126,000,000. Revaluation would up it to ?221.000,000-a paper profit which can be used to meet Government expenses, such as rearmament...
More "Oi!" The Cabinet shakeup, indicating that at least Mr. Chamberlain intends to energize the rearmament drive, is expected to rally public support for the Government's vast Voluntary National Service registration scheme, inaugurated last week by the Prime Minister with a radio chat from his high armchair at No. 10 Downing Street...
...Motto: Defense." Clearly Mr. Chamberlain had swapped the unpopular nag of appeasement for the glossy war-horse of rearmament, a wise move in view of the fact that 1939 is almost certainly a General Election year...