Foreign News: Sounding the Alarm

Britain is on the brink of bankruptcy, but the British people, who have lived so long in peril that they have become inured to crisis, seem the last to realize it. For one thing, the crisis in its present dimensions affects the nation as such, rather than the people as individuals; only later will they feel the result of inequalities in a worldwide exchange of goods far from the British hearth. Last week, in a speech that rang with the fervor of olden days, Winston Churchill did his best to shake the British out of their complacency. The crisis is "scarcely...

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