Foreign News: Indispensable Knight

One afternoon last week a tall man in a black coat and wing collar stood before the House of Commons. The rumble of Winston Churchill's oratory had faded. Members had drifted out until the semicircular chamber was less than half full. The tall man's large, coldly impressive face moved hardly a muscle, his hands rarely stirred as he informed the House, in tones as dry as a corncob, of a complex plan to stabilize world currencies.

This week, in the same setting and in the same tones, the same man read the Treasury's...

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