period the two countries in accordance with promises already made, will have  
the task of producing and directing reconstruction in many devastated and  
suffering areas.  It may be hoped that this common task will lead to economic  
and financial cooperation, which could hardly be obtained for any other end.   
If during this period the advantages of such cooperation become manifest to   
the public opinion in both countries there will be a great demand that it be   
prolonged until it may well become permanent. At the same time it would be   
unwise to underestimate the opposition to such a policy which is certain to   
come from vested interests both of capital and labour which feel themselves   
                     threatened by it.                      
 
                                                            
 
 
19.  It is suggested that while the problems of creating an Anglo-American  
partnership are many and difficult, they are not more so than those that  
remain if no partnership exists. This is true for both countries. It would  
appear also that the difficulties become less rather than greater if the area  
of security is made as wide as possible and the interests of other countries  
are fully taken into account in economic reconstruction. The partnership may   
also then be truthfully described as in the interests of the world as a whole.