THE NATIONS: Briefing for Washington

On the eve of the Washington talks, the bullyragging and the bitter recriminations that had passed between the U.S. and Britain faded into an abashed mumble-grumble. On both sides of the Atlantic, hot words cooled off under the growing realization that the British crisis was a crisis for the whole Western world.

The British press, as if a little ashamed of its earlier behavior, paused to recall how much the U.S. had already done for Britain; the U.S. press reminded itself of the harsh fact that, if Britain went down in economic distress,...

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!