The British Way to Recovery: Plans and Policies in Great Britain, Australia, and Canada

The British Way to Recovery: Plans and Policies in Great Britain, Australia, and Canada

The British Way to Recovery: Plans and Policies in Great Britain, Australia, and Canada

The British Way to Recovery: Plans and Policies in Great Britain, Australia, and Canada

Excerpt

This little book is the unexpected outcome of a luncheon talk given to that lively group, the Students Forum, at the University of Minnesota last spring. I was ordered to describe and analyze, for an audience that was well acquainted with American recovery efforts, the policies pursued by Great Britain in face of depression and crisis. I was then asked to turn the talk into a pamphlet, and then to expand the pamphlet into a book, adding some account of Canadian and Australian developments.

The task promised to be a light summer exercise, but has not kept its promise. It is far too big to be covered in one book, and it is one that cannot be done properly for some time to come. Years must pass before we can measure the effect of many plans and policies in promoting or delaying recovery, and in giving new slants and direction to the economic development and character of the countries concerned. A deep long depression, like a long war, leaves permanent marks, or scars, on economic and political life, and policies that are adopted under the stress of adversity may persist long after the dark days have passed. Britain, Canada, and Australia are emerging from the depression with organization and policies very different from those of 1929; but we cannot yet say which of these changes will be permanent.

To Canadian and Australian readers, if there be any, a word of apology is needed for the title of this book.

Author Advanced search

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.