BRITISH INDUSTRY
U.S. AID !N RECONVERSION
Rec. 10.30 a.m
NEW YORK, Dec. 3
The second phase of lend-lease will be expanded to assist the British to restore a sound economy as soon as the shape of the war permits, says the "New York Times." The executive agreement to this end has been reached. This will need Congressional confirmation, but such approval is expected.
Some changes in the detailed operation of lend-lease will be made at the end of the year, but the major part willbe inoperative until the present Lend-Lease Act expires on June 30, 1945, and Congress continues it for a year.
United States will gear its reconversion rate to Britain's so that the exporters of neither country will have an undue advantage in the race to regain old markets and get new ones.
, The death has occurred of the Rev. G. W. Shaw, husband of the noted woman preacher, Dr. Maude Royden, reports a U.P.A. message from London.
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Bibliographic details
Evening Post, Volume CXXXVIII, Issue 134, 4 December 1944, Page 5
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160BRITISH INDUSTRY Evening Post, Volume CXXXVIII, Issue 134, 4 December 1944, Page 5
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