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LOAN FOR FRANCO

PROPOSAL ABANDONED Independent Cable Service PARIS, May 26 It is unofficially stated that tho entire proposal for a loan to General Franco has fallen through. It is evident, said a message from Paris on May 15, that the Spanish Government wants money for reconstruction, and equally, that French financial interests, which have loiig had a big stake in Spain, want to participate, but the French Government will not allow loans to Spain until Spanish independence is assure;}. lleports from tho Continent suggested that, not only French, but Belgian, Dutch, English and Swiss banks wero interested.

ARMY IN SPAIN FURTHER DEMOBILISATION (Received May 28, 5.5 p.m.) LONDON, May 27 General Franco has ordored the demobilisation of an additional 50,000 men,' making 250,000 demobilised since the end of the civil war.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19390529.2.74

Bibliographic details

New Zealand Herald, Volume LXXVI, Issue 23358, 29 May 1939, Page 10

Word Count
132

LOAN FOR FRANCO New Zealand Herald, Volume LXXVI, Issue 23358, 29 May 1939, Page 10

LOAN FOR FRANCO New Zealand Herald, Volume LXXVI, Issue 23358, 29 May 1939, Page 10