Abstract

Australia lagged well behind the other United Nations in its decision to ratify the Bretton Woods Agreement, and' may have caused considerable surprise by so doing; for it had been among the first to accept the other United Nations Agencies. Dr. Evatt had played a leading part in the discussions on peace settlements, labor organisation, colonies, veto power and, particularly, in his insistence on the necessity for the United Nations Social and Economic Council to become a workable instrument and not just a polite fiction. Why, then, should Australia hang back from the formation of an International Monetary Fund and an International Bank for Reconstruction and Development? An examination of the growth of Australian opinion about Bretton Woods may help to illustrate the way in which elaborate plans for international organisation' (or any form of political organisation) may flounder on the rocks of deep-seated prejudice and lack of accurate information.

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