Show 7 OR bV EA ON Washington D. D C C. C BRITAIN'S BANKRUPT STATUS most important documents documents documents docu docu- One of the world the postwar ments bearing on British soon will be issued by the government in the form of a White of Britain's Britain's Brit Brit- Britain's Paper It will be a survey ains ain's financial position and a franK admission that she is bankrupt The White Paper will tell in detail how British investments throughout been liquidated to the world have 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 system of barter restricted restricted restricted re re- re- re trade and cartels such as that practiced by Germany after the last war International cartels of course have been blasted publicly public public- ly by President Roosevelt and one British corporation Imperial Chemical Chemical Chemical Chem Chem- ical Industries already has been prosecuted by the justice department department department depart depart- ment on a charge of conspiring with the Du Fonts Ponts before the war to con the world production of certain chemicals According to inside word from the diplomatic corps the publication of Br Britain's tain's frank survey of her bankrupt bankrupt bankrupt bank bank- rupt financial position will coincide with the secret conferences now taking taking taking tak tak- ing place here between Lord Keynes and U. U S S. S officials regarding the re renewal renewal renewal re- re newal of lend With the war in Europe nearing a close and with U. U S. S forces now getting a greater proportion of war supplies direct from the United States British war needs for lend- lend lease are dwindling However the British have proposed in Lord Keynes Keynes' private conversations a new type of postwar lend-lease lend whereby the British could resell goods to foreign foreign foreign for for- eign countries in order to reestablish reestablish reestablish lish their export trade Keynes Proposal Word Vord leaking from the diplomatic diplomatic diplomatic diplo diplo- matic corps is that Lord Keynes now proposes a total lend-lease lend allotment to Great Britain of 6 billions for or 1945 1915 of or which 3 3 2 billions could be in British trade Most 1 o of this would be in the form o of American raw materials which the British would process into finished goods an and then sell The British do donot donot donot not pro propose ose that finished American American Ameri Ameri- can products be given them for but only that they get lend leased raw materials to revive revive revive re re- re- re vive their crippled industries One proposal is to set up a anew anew anew new postwar lend-lease lend court composed of one and two Americans which would deci decide decide de de- de- de ci cide e which goods could be used for British trading purposes The whole plan will be submitted to congress probably before Christ Christ- mas S ARMY'S PREFABRICATED BRIDGES One of the great but little known stories of the Western front is the way in which army engineers got a n group of bridge experts together nearly two years ahead of the European European Eu Eu- invasion and de designed fabricated fabricated fabricated fabri fabri- sections of bridges which would exactly replace specific bridges in France Holland and Bel Bel- gium Through the European underground underground underground under under- ground army engineers were able to get exact measurements of the bridges which they knew would be destroyed by the retreating Nazis Each part was numbered and special cial assembly crews trained in England England Eng Eng- land rehearsed the job of putting them in place When the invasion came these bridges traveled so close behind our advancing armies that they were frequently frequently frequently fre fre- ahead of the field kitchens And on arrival at a destroyed bridge its replacement was was wasa wasa a a- matter of hours HILLMAN WOULD END PAC Sidney Hillman didn't advertise it but during the last days of theca the ca campaign he took steps to disband disband dis dis- dis- dis band his controversial Political Action Action Ac Ac- tion committee The final decision will not be up to him alone for the whole thing will be threshed out at th the e CIO national convention in Chi Chi- cago But not waiting for the convention convention con con- Hillman sent notice to most of the members of the PAC staff that they go off the payroll before then Originally PAC was set up as a permanent organization and there a are G several uVe SChools of thought Bought in inside inside in- in side the CIO regarding its continua continua- tion One group including auto workers president R R. R J. J Thomas wants to keep PAC alive Hill Hillman Hillman man on the other hand wants to shut up UD shop concentrate on New York politics politics poli poli- poli- poli tics and also get his health back l MERRY MERRY-GO ROUND MERRY Y ROUND GO ROUND tAll during the war FD R has been a close reader of Carl Sandburg's Sandburg's Sand Sand- burgs burg's Lincoln and has continued his reading d during tiring the campaign campaign Someone who dropped into his private private S vate study dy one nC day found a c copy of the book open to Lincoln's war days During the 1864 S Clell Clellan's campaign McClellan's Mc- Mc an s followers accused of Lincoln squandering public funds mismanagement mismanagement mis- mis management of the government destroying destroying de- de civil liberties medd meddling 1 j with the war and g standing out for unconditional surrender i |