Show BRITAIN Another Crisis Great Britain truly had bad fallen on evil times Barely escaping one financial crisis after another the word was that the nation was facing another financial-economic financial crisis in 1950 just 1950 Just ao as she did in 1949 and 1948 1048 THE TIlE DAY had passed when AmerIcans Americans Americans Amer Amer- could say to such news So what what what-what what has that got to do with us For the fact was that because of U.S. British financial economic ties stemming from the early Franklin Frank Frank- lin fill D. D Roosevelt era whatever happened happened happened hap hap- to Britain economically or financially could be expected to happen happen happen hap hap- pen to tb the US U.S. The reason was that in any such crisis there was no one but the US U.S. to whom the British could turn for tor help I IThe The problem as British leaders I viewed it it was that although Britain's Britain's Brit Brit- ains ain's production is 11 about as high as asIt asit asit it can go in the near future it does not yield enough exportable goods to meet pressing British problems ONE OF THESE is the need to Increase sales to the United States to earn more dollars and solve Britain's Britain's Brit Brit- ains ain's current inability to pay for the goods she must get from the United States Another is conflicting pressure on Britain to ship goods goads to other creditors creditors credi credi- tors tor as a means of ot paying on huge debts acquired in wartime and since Possible solutions included negotiations negotiations negotiations with creditors to ease pressure on old debts debt and and as as was Inevitable and expected provisions expected provisions of ot further loans from the United States |