ECONOMY AND DISARMAMENT - [To the Editor of the SPECTATOR.]
Sin,—The Economy Report has brought vividly before the country the need for a new outlook in financial affairs, and it is clear that in view, not only of the national but the inter- national crisis, a reorientation of the machinery of civilization is becoming essential. Instead of nationalist antagonism we need international co-operation, yet the Report makes little mention of the greatest source of unconstructive expenditure, viz., national armaments. Indeed, it considers that the attitude of the Government in stating that no further advance in the direction of diminution of armaments can be entertained till other nations do the same precludes their dealing with the matter. Considering the highly critical condition of national, as well as world, credit, surely the only sensible policy is to give a bold lead in the desired direction of financial stability by offering drastic reductions in our armaments. A heavily armed, starving world would indeed be a parody on the highest aspirations of mankind, and in the name of economy, to invoke no higher motive, let us turn our face in the opposite direction.—I am, Sir, &c., A. Rum FRY.
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