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“ Lord Wilmot, I think a lot of Americans are interested very much in your domestic situation, and one of the things they are very much interested in is this: at the present time, I believe, an Englishman has only about nine tenths of--worth of meat per week, which I understand is just about two good mouthfuls, something about this size. ”

“ So you have a sole governmental buyer and a sole governmental seller and you can't get together on the price and the result is the British get no meat. Isn't this part of the picture?
Wilmot
Well, they have got together on the price, it's much too high a price. But when you worry about one seller, it's very foolish to have competing buyers, and you're worried about one seller, you're better off if there's only one buyer. ”