Minister Answers American Film Magnate’s Attack
(Rec. 10.45 a.m.) LONDON, August 31.
“It isn’t much use American film magnates and the rest complaining that we are ruining their trade,” said the Minister of Food, Mr John Strachey, in a speech at Dundee. “Unfortunately America does not buy very much from abroad over her high tariff system, and the only way we can earn dollars is to export things to the United States. That is why we, in effect, have cut out American films, economised drastically on American petrol, and must do without any American foodstuffs.
“We have for the time being stopped all food purchases from the United States. We have not stopped buying in order to injure America. We just can’t afford the dollars. Loans, or any assistance under the Marshall or any other plan, at best are only stop-gaps. We mustn’t rely on them.”
Mr Strachey, discussing the purchase of food from the Dominions, said that although pounds sterling could be used they were only useless bits of paper, unless Britain supplied the right kind of goods for the Dominions to buy.
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Greymouth Evening Star, 1 September 1947, Page 5
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184Minister Answers American Film Magnate’s Attack Greymouth Evening Star, 1 September 1947, Page 5
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