ECONOMIC DEFENCE
CO-ORDINATION OF POLICIES. ACTION BY UNITED STATES (United Press Association—Copyright.) WASHINGTON, ,July 31. President Roosevelt has created an Economic Defence Board headed by the vice-president Mr I-I. Wallace, to direct -economic defence activities. This is regarded as a step to tightening up the economic war against the Axis. It is believed that the Board will maintain contact with the British Economic Ministry. The members of the Board' include Mr Cordell Hull, Mr Henry Morgenthau, Mr H. L. Stimson, Colonel Knox, Mr Claude Wickard (Secretary of Agriculture), Mr Jesse Jones and Mr Francis Biddle.
The Board will advise the president on measures to be taken to co-ordinate the policies and actions of the. various departments and agencies ,and develop integrated economic defence plans and insure the execution of them. President Roosevelt has nominated Mr Lincoln Macveagh as Minister to Iceland. The Senate approved the appointment of Senator Connally as chairman of the Foreign Relations Committee. He will succeed Senator George, who has become chairman of the Finance Committee.
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Ashburton Guardian, Volume 61, Issue 249, 2 August 1941, Page 8
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169ECONOMIC DEFENCE Ashburton Guardian, Volume 61, Issue 249, 2 August 1941, Page 8
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