ECONOMICS: Gravel for the Wheels

In a London theater last week a quartet of actors, togged out as Prime Minister Clement Attlee with his Ministers Sir Stafford Cripps, Ernest Bevin and Herbert Morrison, sang a doleful parody of a tune from Oklahoma!:

Oh, what a terrible mornin', Oh, what a terrible day; We gotta horrible feelin' Dollars ain't comin' our way.

In real life, boarding the Mauretania en route to the Washington conference on the British dollar crisis, Ministers Bevin and Cripps tried to be less doleful. They linked arms and beamed for cameramen. Bevin remarked that they...

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