U.S. FINANCIAL AID FOR ALLIES IN 1941.
WAR TRADE NEED.
If American Exports Are To Continue. DOLLAR ASSETS DECLINING. United Press Association.—Copyright. (Received 10 a.m.) NEW YORK, March 2C. The Washington correspondent of the "Journal of Commerce" foresees the necessity for the United States giving financial aid to the Allies in 1941 if she wishes to continue exporting to Britain and France. He adds that if she wants the Allies to win America cannot merely sit back and reap the profits without accepting some of the sacrifices.
"The main drive for financial aid is to be expected from within the United States, where American business and agriculture interests cry out for assistance to maintain the markets.
"Allied representatives have not made representations, but are quietly pointing out that war trade cannot continue unless the United States by Governmental loans or credits is willing to fortify the diminishing Allied dollar assets," says this writer.
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Auckland Star, Volume LXXI, Issue 73, 27 March 1940, Page 7
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153U.S. FINANCIAL AID FOR ALLIES IN 1941. Auckland Star, Volume LXXI, Issue 73, 27 March 1940, Page 7
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