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Famine relief plan outlined by Hoover for Europe
Food drafts issued by American Relief Administration to banks in the United States will enable purchases of flour beans bacon lard and condensed milk for distressed areas in central and eastern Europe. Warehouses in Hamburg Warsaw Vienna Prague and Budapest will exchange drafts for specified food quantities with deliveries within ninety days. The program operates on a business basis with factory cost plus margins and has government and American bankers' association approval.
MENTIONED IN THIS ARTICLE
Europe
Actioubecraften
Herbert Hoover
Relief Administration
America
United States
American Relief Administration
Home Service Committee
The
American Red Cross
Hamburg
Warsaw
Vienna
Prague
Budapest
American Bankers’ Association