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CREDITS FOR BRITAIN

Mr Cordell Hull told the press conference that the whole question of financial aid for Britain would apparently have to be considered by the Governmental and Congressional authorities, with a view to establishing a basic policy before specific methods were discussed. He indicated that while the question has not yet been actively considered it is expected that it will be considered in the near future. Mr Hull recalled that the world war debt question was considered , first by an inter-departmental committee then by Congressional leaders who were called in. , He declined to express an opinion as to whether assistance might be possible without the revision of the Johnson and Neutrality Acts. He also declined to comment rn suggestions that Britain might trade her West Indies possessions. Nasi Propaganda Campaign The German Ministry of Propaganda has ordered the press to give prominence to the Marquess of Lothian's interview and state that the British have announced their bankruptcy and cannot continue the war owing to the shortage of currency. Credits, Not Money The chairman of the House of Representatives Foreign Affairs Committee, Mr Sol Bloom, said:— “It should be emphasised that Britain does not need money, but merely credits. “We should therefore receive specific lists of British needs for which we can extend suitable credits. If they need a billion dollars’ worth of aeroplanes, we should. give them the aeroplanes on credit.” Mr Bloom said such credits might be arranged without amending the Johnson Act. He criticised Mr Hamilton Fish’s proposal that America should seek British possessions in exchange, saying: "The United States does not want further possessions. A Republican member of the House ef Representatives, Mr Hamilton Fish, in a radio broadcast, said President Roosevelt had neither the will nor the ability to keep the United States from war. Mr Fish urged the United States to take over British and French islands in the Western Hemisphere for the cancellation of Great War debts. Credits, he said, should be extended only after British resources had been exhausted. WARFARE AT SEA BRITISH SHIPS 3UNK WARSHIP SAVES SURVIVORS (United Press A»»n. —Elec. Tel. Copyright) LONDON, Nov. 24 Nine Dutch refugees and 20 seamen were lost when the British motorship Eurymedon, of 6223 tons, was torpedoed in the Atlantic. A warship picked up 64 survivors, of whom 19 were passengers. The warship also rescued 56 survivors from the British steamer Sulairia, of 5082 tons, which had been torpedoed. SPANISH DIPLOMATS MUST NOT MARRY ALIENS (United Press A»*n. —Eler. Tel. Copyright) MADRID, Nov. 24 Spanish diplomats are prohibited from marrying aliens, excepting Spanish-Americans.

DISCUSSION BY UNITED STATES NO INTERFERENCE WITH WAR PURCHASES CONTINUED CASII-AND-CARRY POLICY PROBABLE (United Press Assn.—Elec. Tel. Cop}*right) (Received Nov. 26, 11.20 a.m.) WASHINGTON, Nov. 25 A renewed discussion on credits for Britain followed the disclosure that the United States is considering the “freezing” of all belligerent credits in the United States, to enable a determination to be made as to how and where foreign funds are spent. No decision was reached regarding this, but it is understood that “freezing” will not be permitted to interfere with British war purchases. Senator Nye moved a resolution for a Senatorial inquiry into the Empire’s financial resources in the United States. After a conference with President Roosevelt Senator Barkley expressed the opinion that the question of British credits would not be taken up in the current session of Congress. The American Press believes that the conierees discussed the possible repeal of the Johnson Act. Senator Barkley said: “The conference was concerned chiefly with projecting on the future, and the whole programme for Congress, which is being convened for January 3, was reviewed generally.” Mr Roosevelt’s secretary, Mr S. Early, said Mr Roosevelt’s statement in reference to the question of loans and credits to Britain was not discussed by the Government. That statement stands despite the Marquess of Lothian’s statement on November 23. Other Administration sources indicated that unless Britain’s plight becomes grave and her assets are completely exhausted the United States will maintain a cash-and-carry policy. Financial Aid for Britain

MORE GERMAN RAIDS OLD PEOPLE’S HOME HIT LONDON’S QUIET WEEK-END DESTRUCTION OF PLANES (United Press Assu.—Elec. Tel- Copyright) LONDON, Nov. 25 German raids over England on Sunday night were concentrated for several hours on a western town. Flying singly, raiders arrived in quick succession, dropping flares, followed by incendiary and highexplosive bombs. Later they came over in waves. An old people’s home evacuated earlier in the evening, was among the buildings destroyed. Two churches, two theatres, a school and shops were also damaged. Some people were killed and others were injured. The raiding forces were fiercely attacked by anti-aircraft batteries. Two bombers were destroyed during the night. One exploded and crashed into the sea near Falmouth, and the other, which was seen in a fight, fell into the sea in flames near the Isle of Wight. London had the quietest week-end for three months. There were two short >lerts before midnight, and another lasting about an hour in the early morning. Bombs were dropped at several points, and there was heavy gunfire on the outskirts, and in the Home counties. Bombs also hit a London A.R.P. centre, killing two persons and injuring others. Rescuers formed a human chain to extricate persons buried in the debris of a club. Three German bombers were destroyed during daylight raids on Sunday, and a fighter was shot down by a Spitfire over the Chanel. NAZIS DISAPPOINTED PROGRESS IN DENMARK HATE EVERYTHING GERMAN < United Press Assn.—Elec. Tel. Copyright) LONDON, Nov 24 Some light on the German disappointment at the unsatisfactory progress in Denmark of the German plan for a new order in Europe is thrown by articles in the German newspaper Nordschweswigshe Zeitung, one of which asks why the Danes cannot express gratitude that the protection of their country has been undertaken by such a powerful military force. The newspaper says: “ It is impossible to understand why democratic Danes hate everything German. The words, ‘ In these, our country’s dark days,’ open almost every Danish meeting. The days would, indeed, have been dark had German forces not prevented Denmark from becoming a battlefield. Denmark must change if it is going to occupy its allotted place in the new Europe.” Another article in the same Ger-man-controlled newspaper says:— “ Among the population of Copenhagen a dreadful hate for Hitler and the German troops prevails. It is heard in private conversation, in cafes and in the street when German soldiers pass. German soldiers rarely understand, but gather from the grins on the faces of those present that it is uncomDiimentarv.”

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WT19401126.2.42

Bibliographic details
Ngā taipitopito pukapuka

Waikato Times, Volume 127, Issue 21280, 26 November 1940, Page 5

Word count
Tapeke kupu
1,098

CREDITS FOR BRITAIN Waikato Times, Volume 127, Issue 21280, 26 November 1940, Page 5

CREDITS FOR BRITAIN Waikato Times, Volume 127, Issue 21280, 26 November 1940, Page 5

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