The Archive · 1940

Senator Johnson Wants To Cut Finnish Loan Congressional Action on Proposal Again Delayed

Washington, Feb. 3.

Senator Hiram Johnson, Republican of California, led the move today in the Senate's Foreign Relations Committee to force a 50 per cent. reduction of the proposed US$100,000,000 increase in the Export-Import Bank's revolving fund which would be used 40 aid Finland and non-military nations. He was ready to carry the fight to the Senate floor if it fails in the Committee, Action on the bill was delayed at least until next week when the Foreign Relations Committee will aga meet, it was learned. Most commit tee members now believe that Finland would not benefit by the expansion of the bank's fund, it was reported. Committee members believe that Finland would be unable to obtain further loans unless Mr. Jesse Jones, chairman of the Reconstruction Finance Corporation, was assured that the loans would be repaid. Such assurances seem unlikely, they said—United Press, The Lord's Day Observance Society has had a shock—given by Sir Seymour Hicks in his broadcast from an EMZA. concert for Australian troops on January 14. Sir Seymour, head of EN.S.A. told a story about the husband of an evacuee which has een going round for some weeks. It was all right for the troops, who are Proad-minded, but the concert was Broadcast. A B.B.C. official says Mafate and that as it was a concert t they have not yet had any coma oe troops their powers of censor-

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

Your account