Washington, Feb. 24.
Extension of the life of the Export-Import Bank, which is expected to play an Important role in United States opposition to totalitarian trade Cains in South America and may extend additional credits to China, was assured today when the Senate passed a bill already approved by the House of Representatives, calling for the extension of the bank's life until June 30, 1941.
The Senate also passed a bill extending the life of the Commodity Credit Corporation until June 30, 1941. This bill also had been approved previously by the House. Both bills now go to the whitehouse where the President is believed certain to sign them since it was upon his recommendation that they were passed in Congress.—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.