Like a man coming home out of the yellow wool of a London fog, Great Britain last week set a thankful foot on the doorstep to recovery.
The government published a White Paper describing Britain's export-import program for 1948-49; it left no one breathless. Its figures showed, however, that the British people and the U.S. dollars they were getting under the Marshall Plan had been working hard and to good effect. Production in all key sectors of the nation's economy was substantially higher than in 1947. Agriculture, in spite of bad weather, was up 25% above the prewar level; industry was...
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