'Me, Morgenthau said Mr. William Knudsen, chairman of the National Defence 'Commission, was endeavour~ ing (o-place a now British order for 3ibo warplanes, for which produc: tion capacity was available, but for wile Britain poseesed no' funds, During interrogations, the Seere+ lary of the Treasury revealed. he dd not expect Britain to repay its "US$5,729,000,000 World War debt and hene¢ the Treasury was prepared permanently to write off this sum.
"T did so some time ago mentally," ho. said, "Mr, Morgenthau revealed for the frst. me that frozen French ossets In USS. aggregated US$1,599,000,000, all of which had been sequestered since June.
Text read from the printed page and cleaned; old type leaves the occasional error.