Word: londoners
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Dates: during 1930-1939
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Economist Keynes addressed to the semiofficial London Times two articles to which that august organ gave full space and a respectful editorial. His idea was that Britain should apply a forced loan scheme to all her income earners. As military production goes up in the Government-financed war cycle, production of consumer goods will go down, the cost-of-living will rise...
...London's "City" viewed this Keynes Plan askance as "totalitarianism." The Times feared it would decrease production of consumer goods at a time when unemployment is still high, but said the plan "deserves the most serious examination." To Tommy in the trenches, it sounded fine...
...Toronto recently Correspondent Hugh S. Watt of the London Daily Telegraph, with the Times the newsorgan closest to the British Government, significantly told Canadians: "I can say on the very best authority that British political circles are thinking in terms of federation after the war. I believe they are ready to give up certain essential elements of sovereignty in order to establish some form of world order...
Chicago Daily News's Helen Kirkpatrick cabled last week from London: "The decisions reached by the Allied Supreme War Council in yesterday's London meeting may mark the beginning of that federalism which many here and in France believe to be the solution of Europe's problems...
Last week the London Daily Telegraph & Morning Post presented what it described as the official German Army plans to invade The Netherlands on Nov.11, plus an "official" explanation of why that invasion did not come off as planned...