"Patient Should be Stronger Than Ever After Emergency Operation," Says Roorbach of Great Britain in Crisis

"No definite predictions are possible regarding the financial condition of Great Britain, but it is to be expected that the dropping of the gold standard will have a salutary effect," G. B. Roorbach, Professor of Foreign Trade in the Business School, stated yesterday in discussing the British crisis.

"Great Britain," Professor Roorbach said, 'has been economically, ill since the Great War, along with the rest of the world. The world-wide depression greatly added to the difficulties under which she was laboring; and, particularly, the recent financial depression in Germany and Central Europe was a great strain on British strength.

"It became suddenly apparent, during the midsummer month, that drastic remedies were necessary if a crisis of major proportions was to be averted.

"Many remedies were proposed. The dissolution of the Labor cabinet and the formation of the Coalition Cabinet was one of the attempts to cure the patient. But the disease developed so rapidly that even more drastic measures were necessary, and the recent and sudden decision to temporarily abandon the gold standard was the emergency operation performed.

"No definite predictions are possible. It is to be expected that the operation will be salutary to the patient, and that Britain will emerge stronger than ever. But further stimulants may have to be administered.

"In this crisis, it is to England's advantage that she has a strong constitution that her people are accustomed to going about their business in times of stress and that, in MacDonald and Snowden, she is attended by skillful surgeons."