The Archive · 1941

U.S, Said Using Frozen

Funds as Threat Hanoi, Mar, 12, The United States is using the Indo-China frozen fund in America og a bait to force Indo-China to give "the United States priority Fights in purchasing important raw materials "such as rubber, and to prevent closer economic adoperation Between Japan and Indo-China, Japanese reports stated today.

Tt was understood that the United States froze 75 por cent, of the entire Indo-China' fund in Americ Jeaving the remainder as a free fund. "French "Indo-China author! ties, therefore, recently, proposed to purchase materials. from the United States, asking for an increase on the 25 per cent, free fund, They wore told however, that the fund. centd only be increased provided Indo China sold all her important raw materials 0 the United States, the Japanese report concluded,—Domel, "og a token of gratitude for Japan' successful endeavour—Reuter,

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

Your account