U.S.A. AFFAIRS

Greymouth Evening Star, 19 July 1945, Page 5

U.S.A. AFFAIRS

CREDITS FOR RUSSIA WASHINGTON, July 18. Mr. Leo Crowley, chairman of the U.S. Export and Import Bank, announced that Russia is likely to receive next year, seven hundred million dollars of foreign trade credits out of an extra twenty-eight hundred millions which the Administration is seeking for the bank. Mr. Crowlev told the Senate Banking Committee that there might not be sufficient funds available to provide any amount of aid for Britain. Declaring that the bank is entirely out of funds and lending authority, he urged an immediate expansion of leanding power to cope with the •extremely critical period of financing foreign trade. UNRRA ACCOUNTS. WASHINGTON, July 18. Mr. Everett M. Dirksen, a Republican member of the, United States House of Representatives, urging a Congressional investigation of UNRRA, asked a series of questions about its operations. They included: “Why is UNRRA being investigated by British Intelligence? Why are UNRRA employees bonded in a British, instead of an American, company? Why are UNRRA accounts so messy that they cannot be audited?”