The Archive · 1940

Finland To Get First Call

Finland will get "first call" to the additional funds Congress made available to the Export-Import Bank by the passage of the bill increasing the bank's credits by US$100,000,000, Mr. Jesse Jones, Chairman of the Reconstruction Finance Corporation, told the press yesterday.

.Mr. Jones described the loan to Finland as being "in a large measure a character loan." He indicated that he did not doubt Finland's ability to Survive as a nation, China is trying to get another US$20,000,000 in credits, promising repayment by shipments of tin, Mr. Jones said. "If they can be sure we will get the tin," he said, will let them have the money." The Chinese are ahead of their repayment schedule on the last loan, Mr. Jones said—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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