AMERICAN CREDITS
GRANTED TO PORTUGAL MODERNISATION OF RAILWAYS. PARALLEL ACTION WITH BRITAIN. By Telegraph—Press Association —Copyright. WASHINGTON, June 27. It is revealed that on the eve of the neutrality debate the Governmentcontrolled Export and Import Bank has approved giving' 5.000,000 dollars’ credit to enable Portugal to purchase American material to modernise her railways. The “New York Heralck-Tribune” interprets this as "another example of the parallel action of Britain and the United States.” It says that the modernisation of Portugal's railways will put her in a much better position to defend herself and assist Britain, and it mentions the possible transportation of British troops overland and the use of Portuguese ports by the British Fleet in the event of war.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WAITA19390628.2.52
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Times-Age, 28 June 1939, Page 5
Word count
Tapeke kupu
119AMERICAN CREDITS Wairarapa Times-Age, 28 June 1939, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Wairarapa Times-Age. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in