ARMS MANUFACTURE
LLOYD GEORGE’S ALLEGATIONS [by CABLE —PRESS ASSN. —COPYBIGHT.] (Recd. May 7, Noon). LONDON, May 6. Arguing that the manufacture of arms ought to be a Government monopoly, Mr. Lloyd George, giving evidence before the Arms Commission, recalled the pre-war Dreadnought panic. He said that Germany’s naval programme was uien exaggerated. There was great agitation for big ships. Armament firms gave evidence to the Cabinet Committee, to the effect that tney possessed secret information that the Germans were laying down ships considerably in excess of the published statutory naval plan. No doubt, that evidence influenced Cabinet. It turned out to be completely inaccurate, but. in the meantime, had diverted the Admiralty from building small craft. There was more profit in big ships. “From all I hear, armament interests in France are just as active on the same lines to-day,” he said. “Their methods are even more pernicious.”
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Greymouth Evening Star, 7 May 1936, Page 5
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148ARMS MANUFACTURE Greymouth Evening Star, 7 May 1936, Page 5
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