In London big, grey, international-minded Stanley Melbourne Bruce, Australian High Commissioner, made a reminiscent proposal: World War II debts should be canceled.
Many Britons shared his conviction. Like him, they feared that the debt burden would bring on a U.S.-British trade war, create enmity instead of collaboration. Of Lend-Lease, Bruce said: "How can you frame a balance sheet? . . . There is no currency you can enter in it that represents human lives, human suffering, human sacrifices."
The Times of London applauded: "A notable contribution to the discussion of peace aims."
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