Word: rearmaments
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...Manhattan this week with a commission sent by His Majesty's Government to buy Canadian and U. S. bombing planes. In London up went yelps from Capital & Labor, for neither of these British groups can view with equanimity any other system than that they both should profit from Rearmament to the limit, insist that it be "All British." His Majesty's Government were flooded with complaints from employers and employes all heading up to blaming Air Secretary Viscount Swinton for the British aircraft industry's "muddles and delays...
Describing the present British foreign policy as "an evil policy dedicated to the preservation of the decaying structure of European capitalism," Laski said that the new rearmament program will make any constructive social program impossible for more than a generation. The tax rate necessary to support both would be impossible, he said...
...There have been two occasions in which Germany feared France. One was at the time of the reoccupation of the Rhineland and the other on the occasion of the official proclamation announcing Germany's rearmament. I can admit quite frankly today that . . . The Führer and we all were in fear and anxiety then. Today those fears have passed! There can no longer be any question of a 'promenade' from Paris to Berlin. That was once- but will never be again...
...week, Premier Chautemps suddenly talked of asking for powers so sweeping that no Cabinet could have got them and, when leaders of the Popular Front (Communists, Socialists, Radical Socialists) demurred, he claimed in the Chamber that without these powers he could not raise the money France needs for her rearmament-30 billion borrowed francs per year, said the Premier...
Prime Minister Neville Chamberlain recently sounded fair warning that rearmament expenditure by Britain will continue to increase each year at least through fiscal 1940. Explaining itself, the Chancellor's White Paper said: "The paper proceeds on the assumption, now almost universally accepted, that the steps taken by His Majesty's Government to make good our defense are unavoidable and that they furnish a steadying influence in the present state of international relations...