RECORD TOTAL.
EXPENDITURE ON ARMAMENTS. WORLD FIGURES FOR 1937. GENEVA, Dec. 14. Expenditure on armaments throughout the world in 1937 reached the record total of £2,400,000,000, according to the League of Nations Armaments Year Book. The previous record, in 1936, was £2,016,000,060. A total of 8,500,000 men are permanently under arms, compared with 6,000,000 in 1913. Further, budgets do not include the huge expenditure on semi-military organisations.
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Bibliographic details
Manawatu Standard, Volume LVIII, Issue 15, 15 December 1937, Page 9
Word Count
67RECORD TOTAL. Manawatu Standard, Volume LVIII, Issue 15, 15 December 1937, Page 9
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