Quotulatiousness

July 10, 2017

The end of the British Empire

Filed under: Britain, History, India, USA — Tags: , , , — Nicholas @ 03:00

Kai Melling takes an unusually anti-American stand in this quick explanation of the decline and fall of the British Empire:

The common narrative is that the USA inherited the British Empire as an aftermath of World War 2. But this phrasing is misleading, because the USA actively designed and exploited the political, mental and military framework of WW2 to Britain’s disadvantage.

Churchill believed that Britain and the USA would be eternal partners, with British statesmen playing Greeks to America’s Romans. But when Britain was in her darkest hour, Roosevelt shook her down for every dime. Poring over a list of British assets in the Western Hemisphere, FDR “reacted with the coolness of a WASP patrician: ‘Well, they aren’t bust — there’s lots of money there.’” (Alan Clark)

Looking back, Alan Clark was appalled by Churchill’s groveling to the Americans: “Churchill’s abasement of Britain before the United States has its origins in the same obsession (with Hitler). The West Indian bases were handed over; the closed markets for British exports were to be dismantled; the entire portfolio of (largely private) holdings in America was liquidated. “A very nice little list,” was Roosevelt’s comment when the British ambassador offered it. “You guys aren’t broken yet.”

Before Lend-Lease aid could begin, Britain was forced to sell all her commercial assets in the United States and turn over all her gold. FDR sent his own ship to pick up the last $50 million in British gold reserves.

“We are not only to be skinned but flayed to the bone,” Churchill wailed to his colleagues, and he was not far off. Churchill drafted a letter to FDR saying that if America continued along this line, she would “wear the aspect of a sheriff collecting the last assets of a helpless debtor.” It was, said the prime minister, “not fitting that any nation should put itself wholly in the hands of another.” But dependent as Britain was on America, Churchill reconsidered, and rewrote his note in more conciliatory tones.

FDR knew exactly what he was doing. “We have been milking the British financial cow, which had plenty of milk at one time, but which has now about become dry,” Roosevelt confided to one Cabinet member. “Great Britain became a poor, though deserving cousin—not to Roosevelt’s regret. So far as it is possible to read his devious mind, it appears that he expected the British to wear down both Germany and themselves. When all independent powers had ceased to exist, the United States would step in and run the world.” (A.J.P. Taylor)

H/T to Sean Gabb for the link.

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