National Affairs: Rearmament v. Balderdash

When Franklin Roosevelt submits his 1939-40 budget to Congress next month, U. S. taxpayers will learn what he has in mind for Rearmament. Meantime, it be came apparent last week that Rearmament talk has been liberally larded with balder dash.

Franklin Roosevelt himself dished up something that looked like balderdash. At a White House press conference he conveyed the contradictory ideas that military spending must be on a pay-as-you-go basis and that this does not mean that the U. S. must Pay in the same year that it Spends. On top of this, he...

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