Salt Lake Telegram | 1935-02-22 | Page 5 | Russian Cites Arms Profits

I RUSSIAN CITES ARMS PROFITS GENEVA Feb 22 fit The P The Russian Rusian Russian Rus- Rus sian ian delegate elegate to the world disarmament ment conference M. M I asserted asserted asserted as as- today that private arms fac- fac tortes orles were the only enterprises realizing realizing realizing real real- I fac-I izing a profit during the economic depression 1 The soviet representative made this his observation as he proposed a drastic change in the American draft arms convention to place the same ame restrictions upon private as upon state manufacture of or armaments The war industry said is is the only industry which despite the he world economic crisis continues to o provide owners owner and shareholders ever growing profits and dividends He argued not only should private factories be controlled but that their potential of ot production should be known cnown We must know what is going on behind closed doors he said said that if it the war scourge is to be dealt a mortal blow the world must mut know everything about war industries capital industries capital invest means ments new v equipment increase in workmen and maximum possible output out out- put The American draft provides that thai the he signatory powers shall forward to o a permanent disarmament commission commission com com- mission a list of or state establishments with a description of the implements of or war each is s capable of manufacturing turing moved that the words and private establishments be inserted inserted inserted in in- in the dr draft ft submitted by the United States delegate