Forum March 23 1952

Even a leading economic journal of the country has commented that the cause of the price crisis is the result of the effect that the bank credit retrictions had on the activities of speculators. [...] On the whole the main Tory argument in favour of the budget"remarkof Ana-tole France "in democracy both the rich and the poor may sleep under the bridge." The administrators of Welfare State during the six years prior to October last tried to revert this sentence: they wanted to safeguard both the rich and the poor from the risks and setbacks of events unchecked. [...] Under this pretext the Soviet recommendation about the prmotion by ECAFE of the devlopment of the small and handcraft industry with a view to utilise to a large extent the local resources preserving the hitorically grown national handcrafts and securing the emploment for the people were not included in the report. [...] In conclusion the Soviet delgation should like once more to stress that in their opinion the development of the trade of the countries of Asia and Far East with the Soviet Union Chinese People's Republic and the coutries of People's Democracies would have a beneficial effect upon the economic development of the countries of Asia and Far East. [...] honour and dignity of the Crown and the Royal Family." This exchange of hereditary rvenue for a fixed payment in a bargain for the country since the revenues which the monarch surenders are now twice as large as the allowance paid by the ntion for the up-keep of the Royal Family A select committee of 21 M. P.'s representing all parties will be set up formally to consider the Queen's r