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McLean Discusses War Finance Position On Cotton Exports
Former assistant secretary of the treasury A W McLean, visiting Lumberton, outlines War Finance Corporation plans to back American exporters for cotton exports to Europe. He notes credits go to American exporters, not foreign concerns, and urges organized farmer groups. warns European buyers face currency and security issues, predicts low cotton prices unless southern farmers restrain planting. He cites regional storage, costs, and the need for large-scale exports to move cotton.
MENTIONED IN THIS ARTICLE
A. W. McLean
The
Treasury
War Finance Corporation
Lumberton
Robesonian
Herald
McLean
Washington
Unider
Act of Congress
South
California
Europe
Beson County
Bladen County