by the Rt. Hon. Sir Oliver Franks
G.C.M.G., K.C.B.
5-The Balancing Act
'Britain,' Sir Oliver Franks points out, ' sustains a great role in the world with less to sustain her than any other great power.' Moreover, her influence in the counsels of the nations rises and falls with the strength or weakness of her economy. How can Britain achieve that right balance in her economy, and particularly in her trading abroad, which will enable her to maintain the political relationships essential to her future as a great power?