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Word: rearmaments (lookup in dictionary) (lookup stats)
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There was sound reason for the attack on Mikoyan: his ministry had been obliged to carry the burden of Malenkov's promised "sharp upsurge" in consumer goods. With the recent hardening of Soviet foreign policy towards the West as a result of the approaching rearmament of Germany, the consumer-goods policy has fallen into disfavor...

Author: /time Magazine | Title: RUSSIA: The Meaning of Justice | 2/7/1955 | See Source »

...enlist Italian and German support for two of his pet projects: 1) a European Arms Pool, to standardize and control arms production in all Western European Union nations, and 2) talks with the Russians in the spring. Italian and German backing, he thought, might help him get German rearmament through the French Senate later this month...

Author: /time Magazine | Title: WESTERN EUROPE: Fence Mender at Work | 1/24/1955 | See Source »

...evening in Rome, Mendès got cornered at a cocktail party by fellow-traveling Socialist Pietro Nenni who objected to West German rearmament. Mendès retorted: "German rearmament has already been started in Eastern Germany." "But that is only police," said Nenni. "Ah, oui," snapped Mendès-France. "A police force that uses armored cars and airplanes to hunt down criminals...

Author: /time Magazine | Title: WESTERN EUROPE: Fence Mender at Work | 1/24/1955 | See Source »

...Assembly's close vote on German rearmament. In private, Mendès keeps referring sadly to the narrowness of the plurality (27 votes). He deliberately let EDC die on the assumption that he could get a husky plurality for straight German rearmament. He now realizes that his gamble has hurt French prestige abroad...

Author: /time Magazine | Title: Foreign News: Numbered Days | 1/24/1955 | See Source »

West Germany. The stock price index for West Germany's eight stock exchanges last week hit a new postwar peak of 172, up 85% in a year, the biggest rise of any country. Helped by the prospect of rearmament and the lifting of extremely heavy taxes on sales of stock held less than a year (new time limit: three months), German stock prices reflected the extent of West Germany's boom. Biggest gainers: Casella Chemicals, up 160% to $112 a share; Erin Bergbau (mining), up 375% to $85; Beteiligungs A. G. Ruhrort (shipping...

Author: /time Magazine | Title: BUSINESS ABROAD: Brother Bulls | 1/24/1955 | See Source »

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