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THIS DOCUMENT IS THE PROPERTY OF HIS BRITANNIC MAJESTY'S GOVERNMENT
Page 55e4or the Cabinet. August 194Page 553 of 662
The circulation of this paper has been strictly limited. It is issued
262
for the personal use of
TOP SECRET
C.P. (49) 186
31st August, 1949
Si Normen Brook
CABINET
Copy No. 22
THE ECONOMIC
SITUATION—WASHINGTON TALKS
VALUE OF SHORT-TERM MEASURES
NOTE BY THE CHANCELLOR OF THE EXCHEQUER
With reference to paragraph 18 of C.P. (49) 185, I circulate, for the information of my colleagues, a note, prepared in the Treasury, estimating the value of the various short-term measures which the United Kingdom representa- tives at the forthcoming Washington discussions will press on the United States and Canada. Any attempt to quantify the benefits which we might hope to receive as a result of these measures is extremely speculative, and it would be very dangerous to give currency to any figure arrived at by adding up all the separate items set out.
Treasury Chambers, S.W.1,
31st August, 1949.
R. S. C.
37521Rage 553 of 662