Loans to Britain Under Debate in Congress
James Marlow reports that Britain quietly urged the United States to forgive portions of overseas debts. Congressional reaction was swift and sour, as lawmakers debate reducing wartime loans totaling over 6.2 billion dollars, with more than 4 billion in loans already issued.
MENTIONED IN THIS ARTICLE
James Marlow
Washington
United States
U. S
Congress
Britain
Belog
Cota Hinee
Ayaa
Bricci
Britain and United States weigh aid to Asia and sterling debts
A 1950 news discussion outlines a plan where U S aid to Asia could indirectly ease Britain’s debt in sterling by paying with dollars. The proposal links economic relief, sterling area trade, and preventing Communist expansion across Burma Indo China Thailand India and Pakistan. A related 4 H note reports a Unionville meeting, April 22, with 19 boys, corn project talks, a May 4 skating party, and fair-building plans led by Wayne Wilbiam and William Purdum.
MENTIONED IN THIS ARTICLE
Congress
Britain
Communis
Asia
China
Burma
Indo-China
Thailand
India
Pakistan
British Commonwealth
U. S
Australia
New Zealand
South Africa
Iceland
Iraq
Ireland
Sterling
Unionville Boys
Unionville Hall
Wayne Wilbiam
William Purdum
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