FINANCIAL PLANS

Wairarapa Times-Age, 16 November 1943, Page 3

FINANCIAL PLANS

INTERNATIONAL RELIEF A SUGGESTED FORMULA. ONE PER CENT OF NATIONAL INCOME. (British Official Wireless.) (Received This Day, 10.35 a.m.) RUGBY, November 15. Advisers to Mr H. Lehman, DirectorGeneral of the United Nations Relief and Rehabilitation Administration, have decided to sponsor a formula whereby the U.N.R.R.A. will be financed through assessments of one per cent of the national income of participating countries, states an Atlantic City message. ■ There are no indications yet on what year the assessment will be „ based, but some reports say that 1940 will be selected. A Washington message says President Roosevelt sent a message to Congress asking for the authorisation of .appropriate funds to permit of United States participation in the U.N.R.R.A. and said he would specify the amount following the close of the Atlantic City meeting. It is understood that the United states’ share will be between 1,000 million and 1,500 million dollars. The President said the length of the war might be materially shortened if, as each occupied country was freed, its people were enlisted as allies of the United Nations, as had happened in Africa, Sicily and Italy.