Word: britain
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Dates: during 1940-1949
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...places TIME filtered through to the Continent. Clandestine underground publications kept Occupied France supplied with TIME material which arrived via Portugal. By 1944 we were printing a Scandinavian edition behind the German blockade in neutral Stockholm from film (of TIME's pages) flown from the U.S. to Britain and then, by blacked-out Mosquito bomber, across the North Sea at night into Sweden. There German officers passing through could read about Allied victories, and the Japanese embassy dutifully cabled TIME's entire contents to Tokyo each week. We never lost a packet of film through enemy action...
...Extravagant Wife. Sir Stafford Cripps, Britain's brilliant economic boss, was on hand for the OEEC talks. The U.S. Marshall Planners had told the European nations to get their financial houses in order, and Britain, once threatened with collapse, had done this better than any other. For this success, Sir Stafford praised his own brand of austerity, a controlled system of trade which combined high exports with low imports of consumer goods...
...Prudent Husband. Britain is now trying to buy most of what she needs from the sterling areas. She has reduced her dollar imports by 25%; the other major OEEC nations by only 15%.* Last week Cripps proposed that the others should make a further reduction of 10% to match Britain. At this point ECA's Averell Harriman, who had been itching to join the discussions, was invited in, and promptly threw his weight with the continental high-volume traders...
...nation agreed to cut its dollar imports further, but would judge for itself how much to cut. This was billed as a compromise, but actually it was a victory for Cripps. For the next year or two, OEEC would let each nation seek recovery in its own way; in Britain's case that would mean continued efforts toward relative national self-sufficiency. That was what Cripps, the prudent husband, had been plugging for all along...
When asked whether or not the hard times in Great Britain indicate the failure of socialism he replied that two wars, not socialism have hurt Britain...