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...State along in a course of action against its own will. They are all but anonymous, these men. They are displeased by publicity and are well able to enforce their displeasure. But we must now displease one of them and present the figure of M. Charles Prosper Eugene Schneider...

Author: NO WRITER ATTRIBUTED | Title: ARMS AND THE MEN | 5/17/1934 | See Source »

Despite its million-dollar net profits Hotchkiss & Cie is really small fry in the armament world compared to such a French giant as Schneider-Creusot. Its distinctions are two: 1) it is independent of Schneider-Creusot which owns or controls 412 arms and allied enterprises including Czechoslovakia's Skoda. 2) Though a French firm, its founder like its present managing director was a U. S. citizen, Benjamin Berkeley Hotchkiss, born in Watertown, Conn. in 1826, made a fortune manufacturing guns and munitions for the North during the Civil War. He went to Europe in 1867, established a cartridge factory...

Author: /time Magazine | Title: FRANCE: Happy Hotchkiss | 5/7/1934 | See Source »

Four biggest arms makers are England's Vickers-Armstrong, France's Schneider-Creusot, Germany's Krupp, Czechoslovakia's Skoda. Their interlocking connections (which Authors Engelbrecht & Hanighen show in charts) are almost incredibly complex; the only real competitor any of them has is peace. Says Author Seldes: "It is a recurrent paradox of the international gun trade that nations arm their enemies." During the War German scrap iron at the rate of 150,000 tons a month was shipped into France, via Switzerland. French bauxite (aluminum) found its way into the construction of German submarines; German barbed...

Author: /time Magazine | Title: Books: Dragons' Teeth | 5/7/1934 | See Source »

...arms industry, say Attorneys Engelbrecht & Hanighen, is comparatively innocent. Biggest U. S. ammunition maker is Du Pont, whose business is so diversified that only 2% of it in the last two years has been military products. "There is no single armament company in the U. S. comparable to the Schneider group in France or Vickers-Armstrong in England." As far as deliberately fomenting breaches of the peace is concerned, U. S. arms makers might echo Bannerman & Sons' conscious innocence: "No firearms are ever sold in our store to any minor. We will not sell weapons to anyone...

Author: /time Magazine | Title: Books: Dragons' Teeth | 5/7/1934 | See Source »

Because eccentric Lady Houston cherishes Britain's aviators, she gave ?100,000 in 1931 which enabled Britain to enter and win the final Schneider Trophy Races. Because she loathes and despises Prime Minister James Rarmsay MacDonald she keeps on her elaborate steam yacht The Liberty, once the property of the not quite so eccentric Joseph Pulitzer, an elaborate electric sign to blaze across the harbors of Britain: DOWN WITH MACDONALD THE TRAITOR! Only with the greatest of difficulty could the manager of her paper, the famed Saturday Review, persuade her to withdraw the most libelous portions of a personal...

Author: /time Magazine | Title: Great Britian: Surplus & Beggars | 4/16/1934 | See Source »

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