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ARGENTINE'S GENEROSITY

TRADE FACT WITH SPAIN Received Sundav, 8.15 p.m. LONDON, Nov. 2. A trade agreement between Argentina and Spain, sigued at Buenos Aires Jast week, eame at a time when tlie econoniie food situation in Spain was defmitely critical, says The Observei Spain, in the last few weeks, was forced into the desperato expedient of exporting silver to Britain and gold to United States, to pav for imports of special maehinery and cotton. After Pranco 's failure to get AngloAmerican loans either direct or through PortugaJ, the Argentine credit will relieve him of nearly all his present economie anxieties at the very mornent when United Nations General Assembly of which Argentina is a member, is about to discuss possible aetion against tlie Pranco regime. Argentina 's generosity to .Spain compares slrikingly witli the hani bargain struck a short time ago with Britain.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19461104.2.19

Bibliographic details

Chronicle (Levin), 4 November 1946, Page 5

Word Count
143

ARGENTINE'S GENEROSITY Chronicle (Levin), 4 November 1946, Page 5

ARGENTINE'S GENEROSITY Chronicle (Levin), 4 November 1946, Page 5

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