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AMERICAN LOAN

BRITAIN BUYING ONLY ' ESSENTIALS

WASHINGTON, August 5

Britain has begun limited spending of part of the 3,750,000,000-dol-lar loan, but only for essentials such as dried eggs, cotton, wheat, other food, and motion .picture films. British Embassy officials disclosed that high American prices- were a factor limiting purchases and orders for coal machinery to modernise Britain’s collieries. These probably will be postponed until lhe cost situation is levelled off.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19460806.2.80

Bibliographic details

Greymouth Evening Star, 6 August 1946, Page 8

Word Count
70

AMERICAN LOAN Greymouth Evening Star, 6 August 1946, Page 8

AMERICAN LOAN Greymouth Evening Star, 6 August 1946, Page 8