FOREIGN TRADE: How to Invade Britain

Although the war in Europe is over, U.S. manufacturers are—and for some time will remain—frozen out of the British market by exchange restrictions. For Britain, in order to rebuild at home and recover her export markets, intends to use her limited dollar resources almost entirely to buy vital food and essential raw materials. To U.S. firms anxious not to lose their British customers to British competitors, the alternative is to manufacture in Britain.

The American Chamber of Commerce in London put out a timely, readable pamphlet setting forth the problems and perils of this alternative. Gist:

¶ Britain will not welcome...