EMBARGO LIFTED
CASH AND CARRY
NEW U.S.A. LAW
HUGE ALLIED ORDERS
IMMEDIATE PURCHASE
NEUTRALS COMPETING
(Elec. Tel. Copyright—United Press Assn.) (Reed. Nov, G, 9 a.m.) NEW YORK, Nov. 5. President Roosevelt yesterday signed the Neutrality Bill, which was finally approved by the United States Congress, the effect of which is that the Allies will be able to secure American arms and ammunition provided they pay cash for them, and go and get them in their own ships.
The Washington correspondent of the United Press of America says that England and France are ordering .£100,000,000 .worth of war supplies immediately. It is reliably estimated that the purchases of the Allies will be f 100.000.000 in the next eight to 10 months. Their combined assets in the United States are reported to amount to £900,000.000. of which £200.000,009 is in cash.
A special correspondent of the New York Times says that the repeal of the arms embargo has released at least £34.000.000 worth of French and British orders.
Increasing Production The aircraft industry has been geared for the production of 1000 planes monthly, and is expected to increase the capacity by 50 per cent. Neutrals are competing for a share of the production, including Finland. Belgium, Holland and Sweden.
The United States Government is preventing interference with the national defence requirements. The navy has requisitioned aero engines built for a foreign Government.
Proclamations following the signature of the Neutrality Bill repeal the previous neutrality proclamation. It is again declared that the state of war has lifted the embargo and enjoined the prevention of neutrality violation and banned belligerent submarines. The proclamations establish a combat area from which ships of the United States and citizens are banned.
President Roosevelt, in explaining the effects, said: "American ships cannot call at any ports of England, France or Germany. This is according to the statute. By proclamation they cannot call at any ports in Ireland. Norway south of Bergen, Sweden, Denmark, Belgium, Holland and the Baltic.”
All neutral ports in the Mediterranean and Black Sea and all ports, belligerent or neutral, in the Pacific and Indian Oceans, South Africa and the Canary Islands are open. The areas will be changed to fit the circumstances.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20087, 6 November 1939, Page 7
Word Count
368EMBARGO LIFTED Gisborne Herald, Volume LXVI, Issue 20087, 6 November 1939, Page 7
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