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DREADNOUGHT PANIC

DAYS BEFORE GREAT WAR LLOYD GEORGE'S DISCLOSURES LONDON, May 6 Arguing that the manufacture of arms ought to be a Government monopoly, Mr. Lloyd George, in giving evidence before the Arms Commission, recalled the pre-war dreadnought paftic. He said Germany's naval programme was exaggerated at that time. There had been a great agitation for big ships, and armament firms gave evidence before a Cabinet committee to the effect that they possessed secret information that the Germans were laying down ships of a size considerably in excess of the published statutory naval plan.

No doubt that evidence had influenced the Cabinet, though it had turned out to be completely inaccurate, but in the meantime it 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," said Mr. George. "Their methods are even more pernicious."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19360508.2.82

Bibliographic details

New Zealand Herald, Volume LXXIII, Issue 22413, 8 May 1936, Page 11

Word Count
157

DREADNOUGHT PANIC New Zealand Herald, Volume LXXIII, Issue 22413, 8 May 1936, Page 11

DREADNOUGHT PANIC New Zealand Herald, Volume LXXIII, Issue 22413, 8 May 1936, Page 11