FRANCE: Extreme Urgency

As Parliament reassembled last week the biggest armament man in the world, trim, grey-mustached Eugène Schneider, stood figuratively at bay. All through Depression the giant Schneider-Creusot works have been racing to fill orders, their furnaces blazing and their lathes screaming as they turned out guns and projectiles for Japan, and for such other good customers as China. With the French budget now cracking under a deficit of seven and one-half billion francs, the Chamber's ruling Left-Center politicians have resolved in recent weeks to crack down on French munitions makers for a larger...

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