U.S. ECONOMIC WAR

Grey River Argus, 27 September 1944, Page 4

U.S. ECONOMIC WAR

(Rec 8.20) WASHINGTON Sept. 25. The United States Foreign Economic Administration in its annual report, says: The Administration, by preclusive buying in foreign markets, deprived Germany of vitallyneeded materials. Administration agents bought up large quantities of wool .and rags in Turkey anj thus helped to freeze to death thousands of . Nazis in Russia. They stopped the increased export of manicure materirals to a neutral country upon the discovery that Germans were getting, it and removing the nitrocellulose for war purposes, arid obtained most of the foreign produced alloys for steel hardening. Tire chairman of the Administration, Mr Leo Crowley, said the Administration analysed information obtained from inside of enemy lines, which helped in the strategic bombing offensives on Japanese and German aircraft factories, refineries, railway yards, shipyards and supply centres.