Foreign News: Doubts and Fears

In the House of Commons last week a new subject came up for Anglo-U.S. debate : postwar merchant shipping. Laborite Emanuel Shinwell began it by announcing that Britain started the war with 20 million tons of shipping, would end it with no more than 9 million. He believed that the U.S. would probably begin peacetime shipping competition with between 15 and 30 million tons. To "Manny" Shinwell things to come were clear:

"We shall be supreme no longer at the close of the war. The ball has passed to the United States. ... I am all in favor of international cooperation,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!