France Revalues Gold Stocks and Announces Wartime Decrees
The French government reports an 11 billion franc gain through gold stock revaluation and new borrowing steps. Decrees outline a 23.34 mg gold basis per franc, food card census, bakers' limits, alcohol and rations curbs, farm support measures, and women in munitions to free men for farming. Finance Minister Reynaud cites rising indirect taxes, bond purchases, and tax-funded government expenses to defend France’s financial stability.
MENTIONED IN THIS ARTICLE
France
Bank of France
Germany
Reynaud
Treasury
Britain and Italy Suspend Trade Talks Over Coal Seizure
Government officials said trade negotiations between Britain and Italy are suspended as Rome reports the navy has orders to seize shipments of German coal bound for Italy. The talks, seen as a war trade agreement, have reportedly hit serious difficulties while Britain allowed German coal imports to Italy to avoid disruption.
First Canadian Built Hurricane Arrives in Britain
The first Canadian built Hurricane fighter aircraft has arrived in England. It completed a test flight in Canada described as satisfactory in every way. The plane will join a series of speedy craft to be delivered in Britain in the near future.
MENTIONED IN THIS ARTICLE
London
England
Britain
Canada
Nelson crew injured by mine damage in December
The Press Association reports several Nelson crewmen injured when the battleship was holed by a mine in December. Winston Churchill told the House of Commons the Nelson was damaged by enemy action but provided no further details.
MENTIONED IN THIS ARTICLE
London
The
Press Association
Nelson
Winton Churchill
House of Commons
Two German Prisoners Recaptured Near West Lothian
Two German sailors who escaped from an internment camp in eastern Scotland were recaptured near West Lothian, Scotland. The men, both sailors, had fled the camp before being tracked down by authorities.
MENTIONED IN THIS ARTICLE
London
Scotland
West Lothian
Graf Spee Hulk Sold for Scrap to Argentine Firm
In Montevideo reports indicate Germany has sold the hulk of the pocket battleship Admiral Graf Spee to an Argentine metal concern for scrap.
MENTIONED IN THIS ARTICLE
Montevideo
Germany
Admiral Graf Spee
Keynes Deferred Pay Plan Impounded For War Funding
Lord Hankey said a Keynesian plan to compel saving a portion of earnings is being studied to curb wartime inflation. The scheme would lock savings until after the war, with voluntary measures preferred first, to boost national income and curb prices while financing imports.
MENTIONED IN THIS ARTICLE
London
Lord Hankey
House of Lords
J. M. Keynes
Keynes
Lord Stamp
Britain
Plan to ship British Columbia lumber via Hudson Bay
The timber control board of Britain and Canadian railways weigh a plan to move BC lumber bound for Britain through Hudson Bay. Canada and Britain discussed rail rates last weeks and Seaboard Lumber Sales and H R MacMillan Export announced a 4 000 900 foot order for Atlantic coast transport and trans shipment to the United Kingdom.
MENTIONED IN THIS ARTICLE
Ottawa
British Columbia
United Kingdom
Hudson Bay
Timber Control Board of Britain
Board of Transport Commissioners For Canada
Dominion
British Timber Board
Seaboard Lumber Sales Limited
Vancouver
H. R. MacMillan Export Company
Atlantic Coast
Norwegian ship Arnfinn collides with submarine
Survivors report the Norwegian vessel Arnfinn from England to Norway struck a submarine in the North Sea. The periscope was torn off, the submarine reportedly sank, and Arnfinn developed a heavy leak. Lifeboats were used as the crew reached the coast after pumping the ship free.
MENTIONED IN THIS ARTICLE
Bergen
Norway
North Sea
Arnfinn
England
Roosevelt Named Commander of British Volunteers for Finland
Kermit Roosevelt son of Theodore Roosevelt has been named commander of British volunteers set to assist Finland. The Finnish aid bureau announced the recruitment drive and noted Roosevelt has renounced U S citizenship and holds a British acting major rank with a lieutenant’s commission.
MENTIONED IN THIS ARTICLE
London
Kermit Roosevelt
Theodore Roosevelt
Finland
Roosevelt
Soccer Gains Ground in Japan
Soccer football grows fast in Japan with rising participation and attention across clubs and schools. The report notes increasing interest among fans and players, signaling a shift in Japan’s sports landscape.
MENTIONED IN THIS ARTICLE
Japan
Refugees in Budapest face peril amid legation siege
Hungarian police under Nazi pressure block the French legation in Budapest where 40 Czecho-Slovak refugees are housed and allegedly hold French passports. Hundreds more face deportation to Germany, with fears of death cited. A patrol around the legation follows a refuge corridor to Yugoslavia and France. London reports a 31-ton flying boat damaged while another is modified for a June trans Atlantic service.
MENTIONED IN THIS ARTICLE
Budapest
Bohemia and Moravia
Germany
Gestapo
Legation
Pierre Guerlets
Hungary
France
Guerlets
Foreign Office
London
Harold Balfour
Air
House of Commons
Britain
Reich Offer To Roumania Aims At Trade For Mobilization
Authoritative sources report Germany proposed to guarantee Roumania’s borders in return for a surge of oil wheat and other raw materials to the Reich The plan would force Roumania to halt civil mobilization and re take 1 000 000 of 1 400 000 men from work It would also seek non aggression pacts with Hungary Bulgaria and Soviet Russia and a railway accord to ease supplies to Germany
MENTIONED IN THIS ARTICLE
Bucharest
Quart&s
Germany
Roumania
Reich
Roumanian
Hungary
Bulgaria
Soviet Russia
Turkey
Canada to buy aluminum stock for 1940 41 war output
The supply ministry announced purchase of the entire ex portable surplus of the Aluminum Company of Canada for the remainder of 1940 and all of 1941. It aims to boost wartime aluminum output to nearly match Germany. The British Aluminum company's 1940 output is also purchased.
MENTIONED IN THIS ARTICLE
London
Supply Ministry
Aluminum Company of Canada
Canada
Germany
British Aluminum Company
California Floods Strain Bay Area and Statewide
Northern and central California endure three days of rain and floods with hundreds homeless. Swollen rivers inundate farmland and urban areas while slides sever rail and highway routes. Governor Olson orders National Guard to evacuate 70 families in Yolo County as legislature considers a special session.
MENTIONED IN THIS ARTICLE
San Francisco
California
National Guardsmen
C. Olson
Yolo County
Sacramento River
War on Shipping Sweden Urges Neutral Powers Action
The Swedish association of merchant marine captains calls on the government and other neutral states to end the war against neutral shipping. The executive committee declares neutral ships are being brutally destroyed while carrying out trade pacts.
MENTIONED IN THIS ARTICLE
Stockholm
Swedish Association of Merchant Marine Captains
Britain Considers Pacific Contraband Bases with Canada
Britain opened talks with Canada and Washington on establishing contraband control bases on the Pacific coast to block shipments from the United States to Vladivostock bound for Soviet Russia. discussions also address rubber tin and copper exports and potential use of Fiji and Hong Kong to curb traffic.
MENTIONED IN THIS ARTICLE
London
Britain
Canada
United States
Pacific
Vladivostock
Washington
House of Commons
Germany
Russia
Winston Churchill
Hong Kong
Singapore
Fiji
Finland
Russians Press Finnish Lines On Karelia Isthmus Front
Finnish forces brace on the western edge of the Karelian isthmus amid stronger positions and mined Viipuri bay as the Red Army pushes in its fourth month. Bombing devastates Savoninna Riihimaaki Kajaani Inkeroinen Hamina Turki as Finland seeks UN scrutiny over attacks outside the war zone.
MENTIONED IN THIS ARTICLE
Helsinki
Karelian Isthmus
Viipuri Bay
Viipuri
Red Army
Savoninna
Kokonselka
Olavi
Europe
Riihimaaki
Kuovala
Kajaani
Inkeroinen
Hamina
Turki
Gulf of Bothnia
Finland
League of Nations
Russia
World order talks advance after war end
Cordell Hull said US diplomats are engaging with governments worldwide to prevent autarchy and economic totalitarianism after the war. He said copies of statements on postwar global order have been sent to all representatives to inform capitals. He noted talks cover all capitals and focus on postwar economic and military adjustments.
MENTIONED IN THIS ARTICLE
Washington
Cordell Hull
United States
Hull
Mr. Hull
Apricot Stones Used For Powder And Explosives
A historic note states apricot stones in Great Britain are processed into face powder while in Germany they are used to manufacture high explosives.
MENTIONED IN THIS ARTICLE
Great Britain
Germany
Also Mentioned on This Page
Seld
Lord Baden-Powell
Boy Scouts
Turku
Abo
Turko
Baltic
Commons
Ronald Cross
Minster
Cross
Vladivostok
Mexico
Phillipines
Dutch East Indies
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