IN AMERICA
ROOSEVELT’S ACTION.
FRENCH CREDITS FROZEN.'
(Enitoi Drew Association—By Electric
Telegraph—Copyright)
(Received this day at 11.55 a.m.). 17. President Roosevelt froze the French credits in the United States. The total is estimated to be a. thousand million dollars. The order is so broad, that it includes bank deposits, gold securities, industrial and real estate investments and /even the liner Normandie, berthed at New York.
FRENCH CONTRACTS'
TAKEN BY BRITAIN. (Received..this day gt 11.55 a.m.). ;., WASHINGTON, June 17. Mr, Morgenthau said Mr Purvis bad informed him that tiie British will take over all. the -French war contracts in the-United States, if the irtanufacj turers agreed. The French contracts are estimated to total ‘five hundred million dollars.' WATCHING DEVELOPMENTS. (Received,.this day at:H.l)s,a.m.). WASHINGTON, June 17. i Senator Hull said that the United States is closely watching in Europe, which anight affect the French possessions in the Western Hemisphere. He added that there was no truth in. the Japanese press reports that the United States had. participated in negotiations for the stability of European possessions - in the Far East or other countries there, such as Siam.. • 5Si 3 v? -Jzr- js'v-Vw tr *4- ■■
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Bibliographic details
Hokitika Guardian, 18 June 1940, Page 6
Word Count
191IN AMERICA Hokitika Guardian, 18 June 1940, Page 6
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