INTERNATIONAL: Rearmament Roundup

The most war-minded country in the world might be the one which is spending most today on Rearmament, and last week statisticians of the Foreign Policy Association figured that the latest rearmament budgets of the Great Powers entitle the Bolsheviks to rank first.

In 1936 the national defense expenditure of Japan was 307 million dollars, France 716 million, Italy 870 million, United Kingdom 846 million, U. S. 964 million, Germany 2,600 million, Soviet Union 2,963 million.

World spending on Rearmament totaled 10,730 million dollars, and of this 8,879 million was spent by Britain...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!