Word: rearmaments
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...proposal to expand the United States rearmament program, coming as it does on the hells of renewed tension in the Far East raises many interesting questions concerning America's foreign policy. Is the larger navy to be really for defense? Is it necessary for purposes of "prestige": Just what is the objective of the Roosevelt Hull foreign policy...
...convention of his fellows at Atlantic City that the "key log" of the economic jam was the public utility situation (TIME, Jan. 10). Other reasons for the present depression, continued Economist Ayres, which he last week gave Senator Byrnes, included excessive inventories last spring, rising prices due to rearmament programs abroad, fears of labor difficulties, possibly the bonus payment in 1936, possibly some fear of inflation. Mr. Ayres's predictions: that the depression should reach bottom in the first half of 1938 as consumption progresses faster than production, that recovery depends upon continued relatively good times abroad, that...
Uneasy Berlin rumor had it that General Goring's insistence upon expenditures for rearmament greater than Dr. Schacht considers "possible." has brought the Nazi state to a fateful consideration of whether it must now resort to inflation. In Nazi oratory the inflation of the German mark after the War by Socialists has always figured as "criminal." If this crime should have to be committed again, Nazis must try to distract German public opinion from it by scoring some particularly huge "success"-such as recovering German colonies or absorbing Austria. Up to 1914 the total number of Germans resident...
...British rearmament McKay stated that it had been primarily directed against Germany, whose air force was the chief threat to their peace at the present time. The rehabilitation of the Imperial navy has been planned for the defense of the Mediterranean merchant ships which now carry 20 per cent of all British import goods...
...long as Germany remained disarmed by the Treaty of Versailles, it was to Belgium's advantage to remain allied with Britain and France. King Leopold III, seeing that Hitler's rearmament of Germany in violation of Versailles had created a new situation, secured from Britain and France a release from Belgium's obligation to aid them, while they agreed to remain bound to aid Belgium in case she is attacked. This coup by King Leopold in person, his Minister in Berlin followed up by quietly obtaining from Hitler a pledge that Germany, too, will defend Belgium...