If an envoy of George V publicly urged that the dollar and the pound be pegged together, no doubt would exist that His Majesty's Government desired such stabilization. If one of Benito Mussolini's Undersecretaries of State called upon nations to create a World-wide Planned Economic Order, Il Duce's stand would be clear. Last week, however, White House correspondents could not get the President to say Yes-or-No when they asked if he approved proposals for monetary stabilization and world planning solemnly made in Europe by men whose duty was to keep silent if they...
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