Word: rearmaments
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...dead earnest, the private comments of not a few ruling-class Britons on the international situation as Parliament convened last week were in this vein: Until our Rearmament is a good deal nearer completion, there is nothing for the Government to do but continue putting as good a face as possible on the fact that Britain for the time being is not a First-Class Power. Such a policy is deeply repugnant to us and to the country, and it will be pursued no longer than is absolutely necessary, but at present it is the only safe policy-and Britain...
...Rhine-Prussia Corp.'s new plant now building will extract from coal 70.000 tons of gasoline and 20,000 tons of byproducts annually, is to be a major supply link in the Fatherland's Rearmament...
...waiting for the White House to reply, Mr. and Mrs. Chamberlain, traveling incognito as "Mr. and Mrs. Ireland" to escape the curiosity of British crowds, journeyed to the annual Conservative Party Conference at Scarborough. There Government & Party Leader Chamberlain, in the course of delivering a speech which stressed British Rearmament and was wildly cheered, said: "Hitherto it has been assumed that the United States of America -the most powerful country in the world -would remain content with a frankly isolationist policy. But President Roosevelt has seen that if what he calls an epidemic of world lawlessness is allowed to spread...
...guttural swan song. Others thought Dr. Schacht had delivered publicly just such an accounting of his stewardship as he might have made in private to convince the Führer that German economy must continue under Horace Greeley Hjalmar Schacht if the Fatherland is to avoid perilous overspending for rearmament, catastrophic inflation...
...Scarcely any two economists agree on exactly what constitutes "inflation," as Dr. Schacht well knows, but to most Germans it means another such crazy, uncontrolled increase in the number of paper marks circulating as occurred after the War. Today there is a potent Nazi clique which wants to finance rearmament by "controlled inflation," and to this scheme Dr. Schacht replied last week that drastic economies, the raising of loans and taxation are instead the necessary methods...