Foreign News: The Road Back

In the May issue of FORTUNE, Editor John K. Jessup takes a long and discerning look at Britain's economic position. Jessup concludes that Britain is on the road back, that she may achieve relative economic independence by 1952 or very soon thereafter. If she does, says Jessup, it will mark a decided triumph for British capitalism, still surprisingly strong despite five years of Socialist rule. Some of the highlights of the FORTUNE report:

The comeback of Britain from here on will not be a triumph for Socialism, but for British private business, which alone...

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