England. Just after the Budget he went over to Sweden to renew acquaintance with his old Swedish friends, only to discover that he had no Swedish friends left. He was furiously assailed from all quarters and found himself wearing a penitent’s robe as a stand-in for the dynamic Wilson and the purposeful Harold Wilson: apple polisher
Callaghan. The fury of our EFTA partners was doubled when they discovered that Washington and Washington alone had been given three days advance notice of the charge. In a well meant endeavor to soothe the savage beast, George Brown publicly described the international bankers as “the gnomes of Zurich.” The endeavor if well meant was certainly not well conceived. The phrase appealed strongly to the zenophobia and anti-capitalism of the Lumpen Laborites, but it was not calculated to win friends and instill confidence among the men who had money to lend—or to withhold.




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