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UNLESS UNITED STATES AID MATERIALISES

Reeeived Thursday, 8.0 p.m. LONDON, J anuary 8. "Witliin an hour of the annoipicenvent in Washkigton of the projjosed aid to "Western hhiyope yiyiidei* the Marshall plan, Sir ►Stafford CTipps, at a Press coiiference in London, gave warning of . Britain 's plight if the aid did not materialise. ' ' We must not eount upon it," he said, "hut we shall- be in a grave position as regards dollars imless" it is forthcoming. We shonld not be able to get through without further cuts \n ipiports of food and raw materials fropi the western hemisphere, essential to support our present production. Without assistance' so far as doilar shortage is concerned, we could not play otu- part in Enropean recoverv and therefore in the reeovery of tlie world bnt shonld be driven baek upon a policy oL' immediate self-preservation. This obviously providex 110 solution for a eount ry like ours dependent for -its prosperity, and indeed for its existencf, upon international trade." Bveryone, he said. was conscious of the farsighted generosity of the .Marshall plan as an aid to world reeovery lmt +he plan would not allow anv "let np" and it would not go on for ever. " AVc must," he added, "rely 011 our own efforts rather than on anv forin of outside aid and let iis have no, doubts that these efforts _ wiil have to l)e determined and sustained."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19480109.2.24.1

Bibliographic details

Chronicle (Levin), 9 January 1948, Page 5

Word Count
233

UNLESS UNITED STATES AID MATERIALISES Chronicle (Levin), 9 January 1948, Page 5

UNLESS UNITED STATES AID MATERIALISES Chronicle (Levin), 9 January 1948, Page 5

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