The sober-sided City men of the British Bankers Association were treated one night last week to an outburst of joy from the most formidable Tory of them all—the chill Chancellor of His Majesty's Exchequer, Neville Chamberlain. The man who has given Britain budget surpluses for two years past rose in his place, took off his eyeglasses, looked paternally about him and all but chortled, "We meet in an atmosphere of such happiness and contentment as has not been seen since the War." He proceeded to document the atmosphere with an impressive set of figures.

Britain's domestic trade was reviving.

Building production was...

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