FOOD FOR EUROPE
FINANCING GERMANY j ' " i ASSURING PAYMENT BY i . GUARANTEES j | > By Telegraph—Press Association-Copyright j (Ree. Mnrcli 17, 8.30 p.m.) ' j Washington, March 17. j A Bill has been introduced into the • ■ House of Representatives authorising the : " War Finance . Corporation to advance ; 1 loans to the extent of a thousand million i dollars to Germany, not more than three j hundred millions of which shall be ad- I * vanced in any one year. Tho Bill pro- \ 1 vides that Germany may ontor into con- j 3 tracts hero for tne purchase of food- j '■ stuffs and raw materials, and assure pay- i meut by guarantees to be approved by | tho Reparations Commission. The War ! Finance Corporation will control tho j y amount and kind of merchandise pur- j chased. It is 6uid that the purpose of- ; il the measure is to anticipate a great do- i f pression in the American export trade, i due to the fall ih the English and French ; s rates of exclwngi.—Aus.-N.Z. Cable Assn. j o RE-ESTABLISHING AMERICA'S LAN- i m GUISIIING TRADE. j ;• o (Rec. March 7.15 p.m.) ! d t Washington. March 16. i Congressman Smith proposes to re-es- ; tablish'the languishing trade by arrang-, j ing for credits to Germany amounting to, j y two hundred millions sterling. Arneri- j l ' can exports have dropped 70 per cent. ) _ in the last three months.—Renter. j ' e FLOUR FOR ARMENIA. POLAND, i £ AND AUSTRIA. j I- (Roc. March 17, 7.45 p.m.) j P ( Washington, March 16. j 'T The House of Representatives has 1 pais- i sod a Bill authorising the United States ' ie Grain Corporation to sell five million bar- | d rels of flour 'to Armenia, Poland, and j "i Austria at a low price, on long time ! Jjj credits.—Aus.-N.Z. Cable Assn. j BRAZILIAN PRODUCTS FOR ITALY, j t( J (Rec. March 17, 7.45 p.m.) j Rio de Janeiro. March 15. j Tho Brazilian Government has granted j c . Italy credits amounting to twenty-five- j million dollars for the purchase in. Brazil 1 ,- 0 of various food products—Aus.-N.Z, j d t Cable Assn. j
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Dominion, Volume 13, Issue 148, 18 March 1920, Page 7
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351FOOD FOR EUROPE Dominion, Volume 13, Issue 148, 18 March 1920, Page 7
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