Britain gets loan from U.S.A., talks break down in Paris, and flying speed record is attempted.
Item title reads - World crisis and you.
M/S of several newspaper headlines announcing that Britain is to get a loan from the United States of America. Hugh Dalton, the Chancellor of the Exchequer, emerges from 11 Downing street, London, to make a speech about it. He says it is good news but it doesn't mean we can take it easy, however it does mean we can get more machinery and increase output, as well as having more food.
Various shots of delegates seated at the conference table at Foreign Ministers' meeting in Paris, France. Various shots of the men including French Minister Georges Bidault, Ernest Bevin of Britain and James Byrnes of America. M/S of Russian Minister Vyacheslav Molotov who is objecting to almost every suggestion. Various shots as they all shake hands as talks break down and they leave the meeting.
Various shots as R.A.F. (Royal Air Force) Gloucester Meteors are polished ready for new speed record attempt. M/S of pilot Group Captain Donaldson speaking about the attempt at Tangmere aerodrome in Surrey. He introduces his colleagues who are going to be with him on the attempt. C/U's of Squadron Leader Waterton and Flight Lieutenant Duke. The aeroplane takes off and flies low over the sea. Various shots as it speeds through the air.