TITLE

ON OUR ECONOMIC RELATIONS WITH BRITAIN

AUTHOR(S)
Feis, Herbert
PUB. DATE
April 1943
SOURCE
Foreign Affairs;Apr1943, Vol. 21 Issue 3, p462
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article examines the relationship between the United States and Great Britain in 1943. If the Anglo-American part of the puzzle can be fitted together, much of the rest will fall into place; while if it cannot, the pieces will long remain a jumble. This is so for several reasons. First, the commercial and financial activity of the United States and of the countries of the British Commonwealth and Empire have been and will be a great part of the total of world activity. The policies they pursue will greatly affect the policies and fortunes of all countries. Second, the hopes of a large part of the world for securing capital and consumer goods to meet pressing deficits in the immediate postwar period will be largely centered on them. Third, their territories contain a large part of the raw material resources of the world, and their citizens also share in the ownership or direction of many resources situated outside their own territories. Fourth, they both are certain to engage vigorously in undertakings that by their nature are world-wide in compass, particularly shipping, civil aviation, telephonic and radio communication and the production and distribution of petroleum. In these fields the interests and activities of the two countries will come into direct confrontation at many points. For these reasons, if the United States and the British nations can satisfactorily adjust their relations, and if they can work together to create and support international economic organizations, an orderly basis will be provided for economic transactions throughout much of the world.
ACCESSION #
14944203

 

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