SATISFACTION IN WASHINGTON
Received Monday, 9.50 a.m. WASHINGTON, Nov. 9. State Depariment observers are privately inclined to regard with some satisfaction the result of the Victorian eleetion insofar as it can be interpreted as a lebufi to the Labour Government's banking nationalisation proposals. As a stranglehold on private enierprise, the United States has watched with consideraole interest Australia's plan to make banking a Government monopoly and although official Washington has always declined to comment, private opinion has been unanevaDiv opposed toi the move. _ The results of the British municipal elections nave been generally aeceptea in Wasnington as a popuiar xevolt against the Labour Government s nationalisation programme. It is feit that the eleetion results in Brltain and Victoria may well mars the first steps towards a return to traditional admmistration having less socialistic tendencies.
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Chronicle (Levin), 10 November 1947, Page 5
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134SATISFACTION IN WASHINGTON Chronicle (Levin), 10 November 1947, Page 5
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