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35. This polarization of forces is ominous. The dominant issue having been what it was, the tension in race relations, already severe, is now most unlikely to be relaxed. 36. It will take 270 electoral votes to win the presidential race, with the heavily-populated States, with their big blocks of votes, the key ones. 37. When the pound was devalued the British people were assured that unpleasant though this medicine might be, it would mark the turning of the tide. Now, two days after the first anniversary of devaluation the Chancellor of the Exchequer has to fly off to Bonn after midnight discussions in Whitehall because there is a new monetary crisis. Last March the dollar was almost devalued. Now it is the franc which is in the front line. If either of these two currencies were to fall, the pound would almost certainly have to be devalued again. 38. The real reason for British capitalism's desperation to enter the Common Market is its desire to pave the way for the next stage in the development of the super trusts. 39. What was this statement designed to achieve? There seems to have been nothing in it that would lead one to conclude that the General wished to frighten the British Government into abandoning its siege of the Common Market. Certainly, he must have realized by now that it is not the kind to be frightened off its chosen objective. The only convincing supposition is that the meeting was designed, however indirectly, as a warning. 40. If the meeting of the Council of Ministers in Luxembourg should reveal a strong consensus of opinion among France's five Common Market partners in favor of negotiations, then the French Government will have little alternative. What is most likely to happen is that it will attempt to gain time, and put forward every conceivable argument to cause delay. 41. It is not the Ford strike which is at the root of the trouble for it had not started during the period covered by these figures. It is not the workers who last year produced a balance of payment deficit of £458 million. It was not the workers who sent over £620 million for investment abroad last year instead of investing it in industry in Britain.' 191
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