OIL FOR BRITAIN

Wairarapa Times-Age, 21 July 1941, Page 6

OIL FOR BRITAIN

SPLENDID AMERICAN - GIFT DAY’S OUTPUT OF TEXAS FIELDS. PROVISION OF ADDITIONAL SHIPPING. (Bv Telegraph—Press Association— Copyright) NEW YORK, July 20. The United States Government lias asked the owners of American tankers to transfer an additional 100 vessels to the British war effort. The Petroleum Co-ordinator, Mr Harry Ickes, has called a conference for tomorrow at which it is expected that plans will be made tor the transfer of the first 20. Mr Ickes has approved a plan to give Britain one day’s production of all the Texas oil wells. He said he believed the gift would amount to approximately 1,340,000 gallons. The Office of Production Management has tentatively ordered reductions to 50 per cent in the production of automobiles, refrigerators and laundry machines in the interest of the defence programme for the coming year. Similar action is being taken in regard to other industries, primarily air-conditioning, heating, and cooking equipment and household appliances. The Washington correspondent of the “New York Times" reports that according to a statement by Senator Downey to the Senate Military Committee, the economists of the Office of Production Management estimate that by April the United States will be outproducing Germany in warplanes and tanks. One thousand million dollars worth of military equipment is . now being turned out, and in the next two years this rate will be tripled. The Assistant Secretary of State. Mr Welles, announced that the United States is considering all possible steps for expansion of the export control measures to include in the blacklist areas other than Latin America.