NO REQUEST MADE
LOAN FOR BRITAIN LOOPHOLES IN LAW? TREASURY ATTITUDE CBy Telegraph—Press Association—Copyright.) (Received December 13, 1 p.m.)^ WASHINGTON, December 12. The Secretary of the Treasury (Mr. Henry Morgenthau) said that Britain had not asked for a loan. Furthermore, the Treasury considers that the spirit of the Johnson Neutrality Acts forbids a loan should there be a British request. He admitted that lawyers might find loopholes in the Acts making it technically legal for the United States to lend to Britain. "I would certainly not be a party to a loan to Britain or any country if it comes under the Johnson Act without Congressiional direction."
According to an official statement, deliveries in November of American planes to Britain are not likely tohave exceeded 400. This has strengthened the movement in favour of accelerating aid to Britain.
It is stated further that Britain has received, only 1499 American planes since January.
One reason for the sluggish deliveries is that Britain found that some types of American planes lacked adequate armament and fire-power, necessitating changes in design.
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Bibliographic details
Evening Post, Volume CXXX, Issue 143, 13 December 1940, Page 7
Word Count
177NO REQUEST MADE Evening Post, Volume CXXX, Issue 143, 13 December 1940, Page 7
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