After seven dilatory months of hemming, hawing and worse words, the British Loan last week was finally passed by Congress. And it did not just squeak through; it passed the House 219-to-155) with surprising room to spare.
Champions of the loan were skeptical enough to extend themselves to unusual last-minute efforts. President Truman dashed off a special letter of appeal; Secretary of State Byrnes cabled anxiously from Paris; from retirement old Cordell Hull added more arguments to the weight of pressure.
The top-drawer messages were heavy with the economic lore behind the $3,750,000,000 credit and its wedded trade agreements. During the final five-day...
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