PACIFIC POSSESSIONS
BRITISH EMPIRE LANDS POSSIBLE U.S. LEASES BILL BEFORE SENATE (Reed. Oct. 2. 9 a.m.) WASHINGTON, Sept. 30. Senator King has introduced a bill authorising the President to begin negotiations immediately to acquire the lease or purchase of British possessions in the Pacific or bordering on it. In return the President would be authorised to extend loans and credits to British Empire countries. The bill also provides for a reduction of the British war debt. It seeks to modify the Johnson and Neutrality Acts to facilitate loans to Britain. Senator King pointed out that the acquisition of Pacific bases was intended to retaliate against Japan and strengthen the position of the United States against any further expansion. Senator King praised the British resistance and said the struggle was to preserve democracy.
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Bibliographic details
Gisborne Herald, Volume LXVII, Issue 20367, 2 October 1940, Page 5
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132PACIFIC POSSESSIONS Gisborne Herald, Volume LXVII, Issue 20367, 2 October 1940, Page 5
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