Word: pacifists
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...giving India her freedom; and since Labor has a fine fighting chance to win the next General Election, members of the National Government, as moderate Conservatives, felt last week that what seemed to them popular folly must be resisted to the last. In the teeth of the pinko-pacifist straw vote, his Majesty's Government hurled before the House of Commons defense budget estimates providing in the coming fiscal year 6% more money for the Navy, 10% more for the Army and 17% more for the Royal Air Force...
Yesterday morning's editorial on the munitions question was a step towards the proper realistic point of view, but the whole popular pacifist balloon of ballyhoo needs more pricking than that. The current tendency to make black-bearded goats out of the armament maker appears to have anesthetized the national press; the mouthed righteousness of the political idealists in their scramble to mulct credit from the cause of peace has dangerously perverted a constructive situation into a heydey for the Hearsts. Internationalism may or may not be born to blush unseen in this ugly age: no question...
Contemptuously the Foreign Minister deigned no reply. His pacifist declaration had been made for foreign consumption, had nothing to do with the steady onrush of Japan's war machine which was crashing Inner and Outer Mongolia last week. Greatest glory of the week went to a Japanese Col. Wada, who captured a Lamaist temple on the Outer Mongolian border...
...down before the House of Morgan on the corner of Broad and Wall Streets, Manhattan, marched a big delegation of pacifist picketers one day last week. They were there, according to their placards, to damn the "huge profits of Morgan and his U. S. Steel Corporation." In the process of damning they completely failed to recognize Mr. Morgan in the flesh as the banker came & went for lunch. Day before, it was learned that Mr. Morgan had dipped into his art collection for $1,500,000 in ready cash to help his executors settle his estate, and U. S. Steel...
Steel's report made better reading than the pacifist picketers would have supposed. In 1933 Steel's deficit was $43,000,000, in 1932 $92,000,000. The important fact, however, was not that deficits were declining but that operating profits-before depreciation and other charges-were rising. Chairman Myron Charles Taylor took pains to announce that the average wages of his 190,000 employes were up from 59? per hour in 1933 to 70? last year, that total wage payments were up nearly 30% from $172,000,000 to $210,000,000, although steel output increased less...