The Archive · 1934

Inquiry Into State Arms Monopolies

London, Nov, 22 There was a better prospect now at Geneva of getting an. international arms traffic agreement than ever before, said the Foreign Secretary, Sir John Simon, in the House of Com-/mons to-day, Sir John enumerated three desiderata for this convent 1. Effective control of the arms trade, which should include prohibi-'Yon of Government subsidies and ex-Jport credits, and an assurance that an, effective embargo could be applied when the peace of the world made it useful instrument to use, 2. Effective national control agreed international lines of the manufacture of arms in all countries, Tt would be a great advantage to got fan international agreement about the aystem of licences.

There must be reasonable publicity.

Sir John intimated that H. M. Government proposed to conduct an inquiry into the proposal of state monopolies for the manufacture of rms from the viewpoint of national security.

Such an inquiry, he said, "must consider, among other things. whether a state monopoly in Great Britain was practicable and- desirable and the effect of a worldwide system of state monopolies on disarmament—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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