 A Fund for a LoanArmand Dormael Chapter 20 in Bretton Woods, 1978, pp 266-285 from Palgrave Macmillan Abstract: Abstract The original Keynes plan had been greeted in Britain with considerable enthusiasm. Even the White plan was regarded as better than nothing. The Bretton Woods agreements had, from the outset, been subject to very critical analysis. It had been generally assumed that the document finally agreed upon would not diverge substantially from the Statement of Principles, but the financial writers noted several amendments of major importance. While in the United States the plan was considered as a return to a gold standard, British spokesmen had tried to convince Parliament and public opinion that it did not mean a return to gold. It was generally noted that the text of the plan was sufficiently obscure to lend itself to conflicting interpretations, and that there was in fact a wide discrepancy between the British and American interpretations. The Bretton Woods conference, noted a correspondent of The Times, had been true to tradition: ‘an international conference almost invariably begins with an unholy scrap and ends in cordial agreement upon an ambiguous formula’.1 Keywords: British Government; Labour Party; Financial Agreement; British People; Party Discipline (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03628-8_21 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-03628-8_21 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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