| Show Merry Go Roana Britain Drafts Disclosure Of Bankruptcy By Drew Pearson V WASHINGTON One One ASHINGTON-One One o of the most Important documents bearIng bearing bear bear- fn ing on the postwar world soon oon I will ill be Issued by the British government government government gov gov- In the form of a white paper It will be a R. survey of ot Britain's financial position and anda a frank admission that she he is bankrupt The white paper will win tell In detail how British investments throughout the world have been liquidated to pay for the war and will come to the conclusion that if the British empire is to continue free trading she must have outside help The alternative to free trade and free competition the white paper will say is a R. system o of barter restricted trade and cartels cartels cartels car car- such as that practiced by Germany after the last war International International In In- cartels of oC course have been blasted publicly by Pres Roosevelt and one British corporation Imperial Imper Chemical Industries already has been prosecuted by the justice department department department depart depart- ment on a charge of conspiring with sith the DuPonts before beCore the war warto warto warto to control the world production of certain chemicals According to inside word from the diplomatic corps the publication publication publication cation of Britain's frank survey of her bankrupt financial position position position tion will coincide with the secret se secret secret se- se cret conferences now taking place here between Lord Keynes and U. U S. S officials regarding the renewal of or lend With the war in Europe nearing nearing nearing near- near ing a close and with U. U S S. S forces now getting a greater proportion proportion proportion tion of war supplies direct from the United States British war needs for lend lease arc are dwin dwin- However the British have proposed in Lord Keynes Keynes' private private private vate conversations a new typo type of postwar lend whereby the British could resell goods to foreign countries in order to reestablish their export trade Keynes proposal Word proposal Word leakIng leakIng leaking leak- leak Ing from the diplomatic corps is that Lord Keynes now proposes proposes proposes pro pro- poses a total lend-lease lend allotment allotment allotment allot allot- ment to Great Britain of for 1915 1945 of which could be ed in British trade Most of this would be in the form of American American American Ameri Ameri- can raw materials which the British would process into finished goods and then sell The British do not propose that finished American products be given them for but only that they get lend-leased lend raw materials to revive their crippled industries One proposal is to set up a anew anew anew new postwar lend lease court composed of one and two Americans which would decide decide decide de de- de- de cide which goods could be used for tor British trading purposes The whole plan will be submitted submitted submitted submit submit- ted to congress probably before Christmas and promises to be full of controversy Prefabricated bridges bridges- One One of the great but little known stories of the western front is the way In which army engineers engineers engineers engi engi- got a group of or bridge experts experts experts ex ex- together nearly two years ahead of the European invasion and designed fabricated sections of bridges which would exactly replace specific bridges in France Holland and Belgium Through the European underground underground underground under under- ground army engineers were able to get exact measurements of bridges which they knew would be destroyed by the re retreating retreating re- re treating nazis Each part was numbered and special assembly crews trained in England re rehearsed rehearsed re- re the job of putting them in place When the invasion came these bridges s travelled so close behind our advancing armies that they were frequently ahead of the field kitchens Copyright 1911 by United Feature Syndicate Inc New-born New babies of or poisonous snakes are miniatures of their parents complete with fangs and poison |
