LITTLE EFFECT MADE

Otago Daily Times, Issue 26614, 10 November 1947, Page 5

LITTLE EFFECT MADE

RECEPTION IN UNITED STATES Rec. 9 p.m. LONDON, Nov. 8. Mr Molotov’s speech on Thursday has had little effect in the United States s. except to improve the chances of the passage by Congress of the programme of aid to Europe, says the Washington correspondent of The Times. His predictions of an economic collapse in the United States would have touched a sore spot two years ago when many Americans were wondering whether a new depression was coming, but now, with full employment and still not enough production to meet the demand, nobody is as frightened. As one American commentator said: "If the Soviet economic system is flourishing and America’s collapsing, it is strange that most of the world turns to America for aid.” The Times correspondent adds that as outdated in its application, was Mr Molotov’s reference to “ the faith placed in the secret of the atom bomb, though the secret has long ceased to exist.” Even a year ago this. might have been true, but since then the American people have been told so often by scientists that there is no secret that they now believe it, but they also believe that America has the plant to manufacture the bomb and Russia has not.