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USE FOR OCCUPATION COSTS % STIPULATED Rec. 11 p.m. WASHINGTON, Dec. 6. The Senate Appropriations Committee to-day asked the Treasury to hold up the release of the final 400.000,000 dollars of the British loan until Britain agreed to use 80,000,000 thereof for occupation costs in the British-American zone in Germany. The release of 400,000,000 dollars, which had been frozen since August, was announced yesterday-by Mr John Snyder, Secretary of the Treasury, who said that Britain required the funds to pay for essential imports from the United States. Immediate official British reaction in Washington to the Senate Appropriations Committee’s request was: “It is cut of the question.”
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https://paperspast.natlib.govt.nz/newspapers/ODT19471208.2.58
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Otago Daily Times, Issue 26638, 8 December 1947, Page 5
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107CONDITIONAL RELEASE Otago Daily Times, Issue 26638, 8 December 1947, Page 5
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