Titlebook: Britain, America and Rearmament in the 1930s; The Cost of Failure Christopher Price Book 2001 Palgrave Macmillan, a division of Macmillan P

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,Between Hitler and Wall Street: Undeclared War versus Business as Usual, March–October 1938,choslovakia and Spain have brought the angel of death, whose companionship is the price of failure to be strong and wise in diplomacy, out into the open.’ It observed that: ‘Once again the resumption of business in a New Year finds British politics overhung by problems of foreign policy, defence and

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,‘It Seems like Insanity’: the Anglo-American Trade Agreement of 1938 and the Point of No Return,evertheless, there would be no talk in Cabinet of a ‘war chest’ of gold and foreign currency reserves until 1939, and before ., the government could point to Munich and contend that the policy of appeasement was a success, with normal business of all types shortly to be resumed. It was, though, nece

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,A ‘Maginot Line for the Pound’: Profligacy in Defence of a Bankrupt Policy, November 1938–January 1inating in the Anglo-American Trade Agreement. Renewed attacks on sterling at the end of the year actually hardened London’s orthodoxy, provoking American fears that British financial collapse might take budding US economic recovery with it. However, the massive commitment of Britain’s remaining gol

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,‘Not a Damned Bit Good’: the Concealed Catastrophe, 1939,ance on Chamberlain, and even natural supporters of ‘business as usual’ were becoming resigned to war. This was uncomfortable for the government, which had neglected warlike economic and financial preparations in good faith that Chamberlain would secure peace. Nevertheless, an early war would have t

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Conclusion, outside government, even Keynes, would have been hard pressed to distance themselves from at least some of its aspects,. whilst important figures within it, notably Hore-Belisha, rebelled against its operation. It was formulated around a common acceptance of liberal economics, yet united disparate

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https://doi.org/10.1057/9781403919700Adolf Hitler; Britain; trade

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