AUTHORITY TO BORROW
INCREASED HEAVILY IN U.S.A. AN IMPRESSIVE "CEILING" B’ T'eli-sraph —Press Awo< i.ition Copyrajhl' WASHINGTON, February 10 The H»>use of Representatives approached and sent io the Senate a Bill mcreiwim’ the “ceiling’* of the national, del?’ t'G (iPO.OOll.OOl) dollars. The Secre!ar> of the Treasury. Mr. MorI’enihau. estimated that this would meet 'he financial requirements till .lune. 1942 The A|>pn f pr.a’e>ns Committee sent to the House a Bill providing G 2.193.- ()()() ipiikiifor coastguard defence and neutrality duties, which is an increase of 18,'J59,000 over last year. The coasli.umd iirogrammc includes 5,121 ,()0D dollars for increases in personnel. I.JOOjiOf) (iollars for providing searchlights, anti-aircraft guns, machine- i ~u; . and gas ma: ; ks The i-’-mmitlec stand "In company. ■..'l’. • ur d<'enc<‘ programme for bmld- .’ i:p ’.)•.<• |iav.‘. !i:i‘l become nece<- ■■ . ve, alter and equip c astsuitablv for op. ration . b th. : ;. a. . :>,.!)!<■ th<-m fold) 11■:it . aikd < I> W ■ W;l!k:.- 1...- ;<e. < 1.’., d :m . ■. .taiiois to res !t i’L! .Hi.illy to Pre-o-g - ■ after lie uuuik< be-. . ■ . ■ F ~ ' I r ‘
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Wairarapa Times-Age, 12 February 1941, Page 6
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168AUTHORITY TO BORROW Wairarapa Times-Age, 12 February 1941, Page 6
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