AMERICAN PLANES
SPEEDING UP PRODUCTION GREAT PLANT EXPANSION (United Press Assn.—Elec. Tel. Copyright) WASHINGTON, Aug. 21 The chairman of the Reconstruction Finance Corporation in the United States, Mr Jesse Jones, announced that plant expansion loans totalling 78,500,000 dollars were being made to the Boeing, Bendix and Curtiss-Wright aircraft companies in a move to break the bottle-neck impeding the production of military aircraft. The State Department announced that in July military aeroplanes valued at 948,000 dollars were shipped to Britain. Deliveries to Canada were valued at 1,227,000 dollars, while Canada had also bought 2,583,000 dollars’ worth of aircraft engines.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19400823.2.156
Bibliographic details
Waikato Times, Volume 127, Issue 21199, 23 August 1940, Page 10
Word Count
98AMERICAN PLANES Waikato Times, Volume 127, Issue 21199, 23 August 1940, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.