The Archive · 1939

Unlimited Armament Bonds

Paris, July 1.

A decree authorising the issue to an unlimited amoring of the two-year per cent.armament bonds was published in today's official journal.

Important financial measures are expected to be discussed at today's meeting of the Cabinet.

A decree will be submitted for President Lebrun's signature providing {or the appropriation of a credit of Fs. 15,000,000 to be opened for defence needs, under the decree passed on April 21.—Reuter.

AN this procedure, extending into the late afternoon, did nothing but obscure the problem of neutrality revision. The many impromptu amendments presented by individuals showed that the majority in the House was "floating" and not clearly defined or positive, Adoption of the Vorys amendment yesterday, for continuance of arms embargoes, showed that many Demo-erals had either forgotten or else failed to understand the explanation of the Secretary of state, Mr. Cordell Hull, that it was impossible to distinguish between true armaments and materials that might be used in warfare, The Vorys amendment tried to make this distinction in providing for embargoes specifically on arms, munitions and aeroplanes exports to belligerent nations.

Observers pointed out that the only motive behind the revisionary drive was the wish to annul embargoes on arms and thus facilitate supplying the loving States of the world— was taken while she

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