Milford chronicle., 1947-10-17
News a
BEHIND, -, c.
THENHa|SlkiE}IEE!1I a|SliE}IE1
By PAUL f1ALLON
Released by wNU Features.
British Cabinet Shakeup?

dom here. State department people
suspect London put the story out to
ease public pressure against the So
cialist government for its failures,
and see nothing wrong with the
health of the premier. They think
the story was for publicity effect
only. and say there is no chance Of
an election, so change would not
make much difference anyway. ex-
cepting as British strategic inter-
nal political move of the Socialist
party to save face and blame all
past mistakes on the top man. Bevin
as premier would offer no new char
acter on policy. and Hugh Dalton
as foreign minister would follow
the charted Bevin course.
This is the official Washing
ton point of view, privately ex-
hibited, but in unofficial finan-
cial quarters, with close inside
news pipelines into Britain, news
comes that the Attlee resigna-
tiOn is very likely to develop.
Plight of Britain is so bad sac
rificial goat must be found. And in
these quarters. it is being said that
while Bevin might not make much
difference as premier. Dalton has
definite Communist leanings. II
Dalton gets the foreign ministry, it
would be threat to us, they say.
These pipeline people seem to know
Dalton a little better than the state
department folk.
Have to Do Something.
The truth is British Socialist de
rectors are not able to handle her
economic plight. Her people are
pressing and her politicians are TAX
ing another wrong turn to save
themselves by building up anti
American sentiment.
That was all there was behind
the Bevin proposal in his speech
to the Trades Union congress
"a sort of report of his steward
ship to his party lieutenants).
The Bevin notion may sound
somewhat plausible offhand to
the British public, and save
Bevin some support in his own
party, yet actually It Is just an
other idea for us to give Britain
untold billions more in goods.
True, we have more than enough
gold to meet Federal Reserve re
quirements. But if this gold is givel
or loaned" under terms which ar
never to be met, theoretically Britain
would use the gold to buy good
here, although she recently aske'
to be excused from her promise t,
use what gold and dollars she has Il
buy goods from us, and we permit
ted her to abandon her promise Il
: give us preference in return TO
using our money. Now if she buy
more goods here, she will pay TO
these in the same gold-our owl
: gold-and ship it back to us.
Indeed, the gold might never leav
Fort Knox, as financial men know
8 Britain could just be given credi
on our books, use the credit, and w
would keep the gold. This is exactl
, the same as If we gave the Britis
! the goods free, instead of the golc
The cost of the goods must com
from somewhere, and it can com
t only from the U. S. taxpayers, VIII
t are supposed to be rich in Britain
: but are paying one-fourth of thei
= national income today. one-fourt
D of every dollar they earn, on tn
n average, to their federal govern
Il ment, and about one-third of all the
: earn in taxes to the federal, stat
{. and city governments.
y They Won't Help Selves.
u The American taxpayer has bee
carrying Britain since the first Worl
: War with loans which never haV
been paid. This has been going G
: for so years and still is going ol
whereas the crux of the problel
u now is to get Britain and Europe
Z help themselves.
The British miners are refus-
: ing to produce enough coal un-
# der their socialism, although
e they have plenty of coal In the
d ground. II is a challenge to any
h kind of sense for the British to
d buy coal from us with our own
Le mOney-Or with our own gold as
,e Bevin now propOses-tO make up
s. for what the British miners will
not produce under socialism.
III Britain's problem is to get b.
At miners to work long enough hou
u under socialism to produce enou,
= coal to keep her nation going. 1t
ridiculous for her Socialist Uni'
- politicians to try to get our peop
az to make up year after year VIII;
,s ever coal her miners will not pr
ic duce. by promoting these little su
terfuges like the proposed gold gi
o, Tax Reduction Coming
e A Democratic senator back fro
i. the Rockies says people are 4
much interested in tax reductic
III His vote for the Truman veto W
v not protested by his constituen
be Other Democrats back this view.
TO fact. they back it so well as to 81
he gest concerted plan has been ma
he to talk along this line.
OF A Republican from the weSte
"a farm belt found exactly the OPT
Ell site situation, unsurprisingly, in
IL nearby state. He says people g
alive to the needs of venture capi
- and tax reduction, and are not ov