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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jan 27, 1948
Page
5
Pravda reported a new giant cargo passenger ship launched at Leningrad. The vessel's name and tonnage were not disclosed. It will carry freight and passengers in home waters.
Moscow demands €200 million in two years as full settlement of Soviet claims to former German assets in Austria. The plan includes oil concessions and shipping assets, plus transfer of German assets to Russia. Deputies from the United States, Russia, Britain, and France are urged to meet to discuss the proposal.
The State Department defended U S policy toward German industry arguing that dismantled German plants are being shipped to other countries to aid European recovery. Undersecretary Lovett told Congress that many plants and equipment removed from Germany are now operating in recipient nations as part of reconstruction efforts.
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