CAB129-53 — Page 205

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Page 205

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hanges contemplated will not, on balance, result in any decrease in the present

Page 30kend 253penditure. They will, however, make tages393530 increase expenditure over the next few years to the full extent previously planned, and will, in consequence, somewhat lighten the demands made upon the metal-using industries which are the mainstay of our export trade.

y. Britain's military plans are closely bound up with those of the Commonwealth and N.A.T.O, and we are, of course, consulting with them on matters

affecting our joint responsibilities.

J

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