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Soviet’s War Embarrassing Nazis

LONDON February 19. Informed circles in London express the opinion that the Nazi Government cannot view the Finnish Army's heroic resistance to the Russian invasion with any pleasure, considering the effect of the hostilities on Germany’s wartime economy. Russian oil, metal and textiles, which might have been available to Germany, are likely to be absorbed in supplying the Russian armies, while railway rolling stock is being diverted northward, thus making transport to Germany more difficult. Germany has difficulty in obtaining Russian phosphates, in supplies of which she is quite deficient. She will also sadly miss the .annual shipment of 14,000 tons of copper from Finland. The Nazis must realise that peaceful trade could, have been easily developed with Finland, which has been described as .a veritable mineral storehouse. U.S. Aid for Finns. The Federal loan administrator. Mr J. Jones, told the Banking and Currency Committee of the House of Representatives that the neutrality law would prevent the Export and Import Bank lending money to Finland if Russia declared war. The bank was willing to grant Finland additional credits while she still had a fighting chance. The committee delayed action for a week in order to seek further advice on the legal and diplomatic phases of the question.

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https://paperspast.natlib.govt.nz/newspapers/NA19400221.2.77

Bibliographic details

Northern Advocate, 21 February 1940, Page 5

Word Count
211

Soviet’s War Embarrassing Nazis Northern Advocate, 21 February 1940, Page 5

Soviet’s War Embarrassing Nazis Northern Advocate, 21 February 1940, Page 5

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