Here is a comprehensive analysis of rearmament under the Baldwin and Chamberlain governments. It reveals the primary determinants of events and provides important new information regarding the principal considerations underlying Chamberlain's policy of appeasement. The author concentrates on a problem that was of central concern to the government. For this reason, and because he draws on the recently opened Cabinet and Treasury papers at the Public Record Office in London, he is able to offer a broader view than that of the existing studies. He describes in detail the interaction of the Cabinet, Treasury, and Armed Services, and the influence of the financial and industrial communities. Originally published in 1977. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.