GREAT BRITAIN: Clash of Steel

Winston Churchill had a question to ask the Prime Minister: Would the government promise that no steps would be taken to nationalize steel while the present crisis lasted—at least until there had been a further appeal to the country? Supply Minister George R. Strauss rose to give the cabinet's answer: the government's Iron & Steel Corp. would be set up on Oct. 2.

For a few minutes the House of Commons was in an uproar.

Churchill said: "The very grave statement to which we have just listened . . . will make it necessary for us to place a motion on...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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