Abstract

Arms-Makers' Holiday
Hanighen, Frank C. | February 18, 1939 issue

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European nations, both democracies and dictatorships, are busy not only arming themselves but helping each other to rearm. The pace of this fantastic combination of cooperation and rivalry has now become so intense that it affects all parts of national economies as well as all social and political values. The sale of French iron ore to Germany offers a striking example of a democracy helping a dictatorship to rearm. Official figures show that France also shipped Germany 81,000 tons of bauxite, the ore of aluminum, in the first eleven months of 1937. Germany obtained an agreement by which the French government, in effect, renounced the threat of an embargo by guaranteeing shipments of 600,000 tons of iron ore a month to Germany.

See Also:

MILITARY readiness; DEFENSE industries; DEFENSE contracts; METAL trade; FRANCE; GERMANY
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