Merchants of death was an epithet used in the U.S. in the 1930s to attack industries and banks that had supplied and funded World War I (then called the Great War).
Origin
The term originated in 1932 as the title of an article in Le Crapouillot by French journalist Xavier de Hauteclocque [fr] about a British arms dealer named Basil Zaharoff, originally called in French "Sir Basil Zaharoff, le magnat de la mort subite"[1] and translated as "Zaharoff, Merchant of Death."[2] Hautcloque referred to Zaharoff as "marchand de mort subite," which had many idiomatic meanings in French but wasn't used to refer to arms dealers.[3]
The term was popular in antiwar circles of both the left and the right, and was used extensively regarding the Senate hearings in 1936 by the Nye Committee. The Senate hearing examined how much influence the manufacturers of armaments had in the American decision to enter World War I. Ninety-three hearings were held, over 200 witnesses were called, and little hard evidence of a conspiracy was found. The Nye Committee came to an end when Chairman Nye accused President Woodrow Wilson of withholding information from Congress when he chose to enter World War I. The failure of the committee to find a conspiracy did not change public prejudice against the manufactures of armaments, thus the popular name "merchants of death".[5][6]
Nye Report findings
Extraordinary arms sales produce fear, hostility, greater munitions orders, economic strain and collapse or war. Munitions companies engaged in bribery of foreign governmental officials to secure business. Profits flowed from German orders for aviation materiel. Munitions companies evaded the embargo of arms to China. The committee also found price-fixing agreements and profit-sharing arrangements.[7]
^David G. Anderson, “British Rearmament and the ‘Merchants of Death’: The 1935-36 Royal Commission on the Manufacture of and Trade in Armaments.” Journal of Contemporary History 29#1 (1994), pp. 5–37, online.
Further reading
Anderson, David G. “British Rearmament and the ‘Merchants of Death’: The 1935-36 Royal Commission on the Manufacture of and Trade in Armaments.” Journal of Contemporary History 29#1 (1994), pp. 5–37, online.
Brandes, Stuart D. (1997). Warhogs: A History of War Profits in America. Lexington, Kentucky: University Press of Kentucky. ISBN978-0813120201.
Cole, Wayne S. (1962). Senator Gerald P. Nye and American Foreign Relations. University of Minnesota Press.
Coulter, Matthew Ware. The Senate Munitions Inquiry of the 1930s: Beyond the Merchants of Death (Greenwood, 1997).
Engelbrecht, H. C., and F.C. Hanighen. Merchants of Death (Dodd, Mead, 1934) online
Tooley, T. Hunt. " Merchants Of Death Revisited: Armaments, Bankers, and the First World War." Journal of Libertarian Studies, 19#1 (2005) pp. 37–78. online
Vergne, Jean-Philippe. "Stigmatized categories and public disapproval of organizations: A mixed-methods study of the global arms industry, 1996–2007." Academy of Management Journal 55.5 (2012): 1027-1052. online
Wiltz, John E. In Search of Peace: the Senate munitions inquiry, 1934-36 (1963), detailed history of Nye Committee online