Word: britian
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Dates: during 1950-1959
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...East. Britian's Sir David Eccles, President of the Board of Trade, signed a five-year trade agreement in Moscow. Britain's purchases from the Soviet Union (chiefly timber, grain, furs) should now rise by a third over last year's $160 million, and may in time reach a level of 2½% of all British imports. Britain refused Moscow's request for long-term government credit, but expects to sell the Russians "very substantial" amounts of industrial equipment no longer on the West's strategic embargo list, including complete chemical, plastics and tire plants...
...squarely for many years to come. Last week's meeting does not in itself give promise that these problems will be met either wisely or honestly. But the long-overdue acceptance by the Americans of the idea of scientific cooperation points to a much closer working alliance with Great Britian...
Bernstein urged putting an end to Britian's "transitional restrictions" on free conversion of sterling into gold and dollars, since, he said, de facto convertability already exists in New York and Zurich. A reserve currency must be convertabile, he said. International institutions, such as the Monetary Fund, can combat drains on gold and dollar reserves, he added...
...present rate of increase of population there will be standing room only in the world by the year 5000," one of Britian's foremost geographers told a Harvard Summer School audience Tuesday night...
...fears of Western European nations, primarily West Germany and France, have not changed. They fear the reduction in conventional armaments and troops, and they recoil at Britian's recent cut in her NATO ground forces and conversion to nuclear weapons. These countries, especially Germany, foresee a war of nuclear goliaths. They also fear that in the event of "brush wars" fought in Western Europe with conventional arms, they will be at the mercy of the overwhelming Soviet ground forces. Furthermore, they fear that by committing Western defense to nuclear weapons, the West will be compelled to take the initiative...