Show news belil too r I 1 BE BY PAUL NaLON lot 9 released by western newspaper union government WEAK WORLD POWER washington the limehouse slums representative in parliament rules britain and the empire its man ma clement attlee won control on a platform against free enterprise ter prise and in fa vor of 01 the government taking over fuel and power inland transport iron and steel manufacturing and the bank of england the world effects of britaina Brit ains electoral revolution are being confusingly forecast clement attlee continuance of the churchill international ter policies for instance has been promised yet the attlee labor dabor party campaigned in favor of closer collaboration with russia than churchill could provide similarly the ensuing fear of the socialist program throughout the world has prompted mollifying suggestions gest ions that the program will be long in enactment if ever attained although strangely the sincerity of its devotees is not questioned from such circumstances anything but confusion in forecasts would be difficult to find to gauge accurately the extent of the electoral elector al revolution it will be necessary to await attlies Att lees steps statements issued since the election can safely be discounted as inspired for political effect only in definite action can uncertainty be dispelled my information suggests the commonly published guesses are more logical than sound the only justifiable conclusion yet apparent is that britain has weakened herself as a world power A more accurate way to put it is that she has publicly proclaimed her existing weakness her money was gravely shocked by the war without the bretton woods agreement it might not now have its depreciated stability her war effort had to be materially sustained largely from the outside by us canada and australia she was able to sustain herself only psychologically her navy which ruled the world for several generations erat ions is is now a fraction of ours one fifth to one eighth whereas it was equal at the start of the war her army is a minor world entity as armies go in size and equipment these days british foreign trade her foreign trade which furnished the only economic reason for hei world position has become a matter for her gravest postwar concern the bretton woods agreement was designed to help restore e it but we have most of the ships on the seas and the manufacturing capacity while russia has great raw materials and W churchill industrial ambitions the election is likely to lead to a further culmination of these too glaring conditions mr churchill as a world figure was able to maintain a facial front above them to cover them while he extemporized more difficult d for mr attlee especially in view of his program his platform for instance does not advocate more coal production more power sounder money or finance by the bank of england great er or better iron and st steel e el and inland transport it proposes that his labor party use the peoples money to buy these enterprises and operate them not to make them bigger and better but to give his party followers a greater share of the profits of operation in short highl higher r wages most american officials bials expect russ russia ia to fail on national wealth the common f fears ears popular in this cou country that russia will overrun europe and asia and eventually relegate us to a second class power are not shared by many of our n r government men in the know they do not believe russia can c an ae get A production although she is is in in a better position to get it than a socialist britain as she has the power of compulsion over her workers |