Truman urges orderly reconversion for industry
New York December 5 top industrialists gathered amid labor-management tensions to hear President Truman say reconversion problems can be solved orderly and quickly. He praised wartime industry and urged manufacturers to face postwar issues with realism. Wallace echoed praise for wartime effort and pressed for profits, investment, and worker output to sustain stable conditions and full employment.
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Green assails Truman policy as historical defeat
Gov Dwight H Green of Sinvis charged the Truman administration with a humiliating diplomatic defeat in every skirmish. In a prepared address likely signaling a 1946 GOP bid he condemned appeasement of Britain and fear of offending Russia, urging vigor against Poland and the Balkans. He warned Republicans to not condone liberty suppression worldwide.
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British MPs split over Bretton Woods loan ratification
London December 7 Conservative MPs Robert Boothby and Christopher Hollis proposed a motion to disapprove Britain’s 4.4 billion dollar loan and reject the ratification bill for the Bretton Woods monetary agreement. Hours earlier Treasury Minister Herbert Morrison urged rapid ratification after talks with the United States. Labor leaders praised potential Treasury approval later in the week.
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