Indianapolis Times, Indianapolis, Marion County, 12 October 1938 — Page 5

WEDNESDAY, OCT. 12,

1938

THE INDIANAPOLIS TIMES PAGE 5

Arms Parley Doubted as U.S. Prepares for Record Peace-Time Naval Outlay in 1939

WASHINGTON, Oct. 12 (U. P.) — President Roosevelt's announcement that next years naval expenditures will be increased to a new peace time high doomed today any hope still held by officials for a reduction in armaments. Many officials for some time have seen no immediate prospects of an

International conference looking toward disarmament. With the European situation still uncertain and renewed activiiv

: in the SinoJapanese conflict, thev —— :

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stood to believe the time inopportune for such discussions now. Mr. Roosevelt's announcement was made at his press conference late vesterday. He said that rather than retard its national defense program

|the United States would speed it up

and that an increase of $150,000,0C0 in next vear's naval budget would be necessary to carry on new warship construction. Such an increase would bring the

naval appropriation for the fiscal]

1940 to more than $700,000. In addition there may be

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larger expenditures for the Army,!

| especially coast defense and anti-

aircraft batteries. Army officials at maneuvers in North Carolina this, week claimed that these departments are insufficient for national security. The President gave no explanation for his belief that expenditures for national defenses should be in-| creased. However, his statement

was interpreted as an indirect answer to Adolf Hitler's speech at Saarbrucken last Saturday in which

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he warned the world that Germany! Sumner Welles who, a few days|$1,500,000,000 authorized naval ex-|battleships for which funds are|29, France 4, Italy 40, and Germany would continue her armament pro- ago, issued an official “feeler” on pansion program. |available within the next six 10. gram because Great Britain and that subject. | Mr. BR elt did hot specif months, giving the United States| The United States was building or France could not be trusted. | The $150,000,000 increase in the| : Bosey Oo Pp Yisix first line warships on the ways|had appropriated for 87, Britain It also was regarded as a negative naval budget would be sufficient to What new vessels he would ask Con-|quring 1939. |96, Japan 23, France 42, Italy 67, answer to proponents of a disarma-|build two battleships for which con-/gress to appropriate for, but he ve-| On July 1, 1937, the United States and Germany 39. ment conference at this time, in-|tracts are to be let before next called that the last session made had 113 under-age ships totaling IL I . V nr 4 lv . § i | : : ( 2 S. i ¢ > cluding Undersecretary niger and as a beginning of Ine tunes Fie to i sunsatelih Ba Sons. To appasiabie Thang standing at a railroad crossing wait- ton oi lour battleships as replace- actual tonnage afloat. Britain had | : é ing for a freight train to pass. ments for over-age craft and au-|181 ships of 1,042,598 tons; Japan, | Harold G. Moulton, president of the LOSE LEG IN STUNT |, IU show you how I used to hop thorized construction of three more 171, of 708,158 tons; France, 158, of | Brookings Institution, said today {these cars years ago,” Mr. Laws superdreadnaughts, and a general 466,011 tons; Italy, 166, of 353,507|control of the country’s economio |said. He leaped for the ladder of increase of 20 per cent in the fleet's tons, and Germany, 67, of 103,674 life has passed from private to ST. LOUIS. Oct. 12 r one of ‘the cars. His foot slipped and | fighting strength. tons. public hands. He spoke before the + = cL. (U. P).— he fell beneath the train. It was believea that he would give| In over-age ships the United|25th annual convention of the Thelbert O. Laws and his wife were! His right leg was severed. the go ahead signal on the four States had 212, Britain 104, Japan | Mortgage Bankers of America.

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