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ALLIED ORDERS

VARPLANES FROM U.S.A.

PROPOSAL FOR TREBLING

NEED FOR EXPANSION f OF INDUSTRY f

(By Telegraph~Press Association—Copyrlght.|;

NEW YORK, Xanuary 17.f :< The Washington correspondent of , ? the Associated Press says it is authp*, . -, t ritatively learned that British ( and^ French proposals to triple the present orders of Americani*nade warplanes/ have been the subject of a conference - ';. between President Roosevelt, the > Secretary, of the Treasury; Mr.' Moi> , - genthau, and army and navy officials. According to reliable sources, ' the . ,j Allies have notified the United States that they are contemplating ordering' ! / for speedy delivery at least 8000 planes. "'. and even more aircraft1 motors. This would mean further expansion in the- ' \' industry, which is already working , J overtime on domestic and foreign military contracts. Officials have in-" ~■ i dicated strongly, however, that such •. expansion, if orderly, would be wel- ■ ;'. * corned as aiding national defence, but f"~ it would involve numerous problems,- ■'-'-

of taxation and financing. ' ■ '" o Engines would be the biggest prob- 1, -v lern, since a material expansion of the - ; existing plants promises to require '-'.{ foreign financing, which would rais» ■? tax complexities with the Treasury. ■> "> ,

plan£s for air training

SCHEME

LONDON, January 18v?|

It is reported from Ottawa that th« British Air Ministry has ordered 850 aircraft and 736 additional engines itt connection with the air training plan, according to the War Supply Board's weekly report. The equipment i$ being supplied without cost to1 Canada, since it represents part of the British , Government's share of the plan. '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19400119.2.70

Bibliographic details

Evening Post, Volume CXXIX, Issue 16, 19 January 1940, Page 7

Word Count
245

ALLIED ORDERS Evening Post, Volume CXXIX, Issue 16, 19 January 1940, Page 7

ALLIED ORDERS Evening Post, Volume CXXIX, Issue 16, 19 January 1940, Page 7