The Archive · 1940

Britain Rejected Red Request to Put Pressure On Finland

(Continued from page 9) same, with the nickel mines and fishery rights; demolition of all coast batteries; and cession of Viipuri and possibly the whole of the Finnish shores of Lake Ladoga.

"Lo Temps" writes that it is for the Finns to decide, and says they should remember that Britain and France are ready to furnish greater and more direct aid.

"They ought to recall also—and so ought all peoples now hesitating on the edge of war—that one cannot apportion a flood, and that Henceforth the German peril is inseparable from the Russian peril," adds the newspaper.

It is announced that the amount of war material for Finland from Britain and France, either delivered or dispatched, totals 405 planes, íüclud-ing 67 bombers, 916 pieces of artillery with over 2,500,000 shells, 5,000 light machine-guns, 124 machine-guns, 150

Royal Insurance Company concerns, £750000; Royal and associated company £500,000.

In addition, the big banks are giving trustworthy customers special facilities to enable them to subscribe to the loan, as it is known that the Government desires subscriptions from the widest possible sources. Temporary loans will be granted by the banks for this purpose at the low rate of three per cent, interest on which is the same as interest payable on the new loan.

Subscriptions from Eire and foreign countries are also expected, as nonresident subscribers to the loans are exempt. from the tax thereon. The only three existing loans carrying this condition are the old War Loan, the Four Per Cent. Funding Loan, and the Victory Loan, but technical reasons exist why none of these are particularly attractive to foreign investers. The new loan is without these disadvantages, hence well informed quarters consider it possible that the overseas investing public may be attracted to the British gilt-edge market.—Reuter.

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

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