Word: britain
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Dates: during 1940-1949
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...Americans want. Then make it at prices they are able and willing to pay, and package it to appeal to the American consumer. That is the way to earn dollars...This will take energetic salesmanship as well as cheap production. It is the challenge confronting the business statesmanship of Britain...
...Britain's Labor statesmen faced a challenge, too. It was perhaps the most serious challenge since they began, four years ago, to transform Britain into a Socialist state. The question was: Could a nation which stood on the verge of bankruptcy afford Socialism...
...contributed to [the crisis] . . . The Labor Government, as the bearers of responsibility, are very much to blame for their stubbornness in refusing to remit anything of their plans . . . It is not enough for a self-respecting Government merely to say that its opponents would have been no better ... In Britain courage pays political dividends. Those politicians who refuse to prolong the rosy illusions . . . and tell the people soberly what needs to be done would be surprised at the response...
Five Percent? There were signs last week that Britain's Labor leaders were shedding their no longer very rosy illusions. With a general election ahead, it would not be easy for Prime Minister Clement Attlee to call for a temporary retreat in the drive to establish the welfare state. But such a retreat was plainly under...
...expansion and perhaps a cutback in social services, wage freezing and other painful economic measures, all designed to strengthen British competitive power in the dollar market. What retrenchment really added up to was an attempt to inject a strong dose of competition and incentive into an increasingly security-minded Britain...