Abstract

Editorials

This article focuses on various political developments in the world. The slow forces which are giving new form to international relations in Europe are bringing France and Italy together after years of quiet hostility. The recent discussions between Italian Prime Minister Benito Mussolini and Ambassador Rene de Chambrun may not have resulted in final agreement. But remaining differences can only be over details, the vital factor would be the will to agree. The U.S. Senate inquiry into the sale of munitions of war which is at present being conducted in Washington, has shaken out more lightning than has any other government investigation in years. Indeed, the sensations have come out too fast for public assimilation, and a not over-sympathetic press, while it has generally awarded the hearings the front-page prominence they deserve, has also failed to classify and interpret the dramatic disclosures that each day brings forth. The international nature of the arms industry has been made clear. The Electric Boat Corp. of Groton, Connecticut, is shown not only to be closely allied with the British firm of Vickers Ltd., to the extent of dividing up the world's submarine business and amiably exchanging patents when necessary, but to have the world famous Basil Zaharoff as a stockholder.