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British loan nears end of gantlet
The Lend Lease settlement and a 3.5 billion line of credit for Britain face final Congressional action. The deal, with a 1.62 percent rate and five years grace, aims to spur postwar trade while avoiding WWI debt mistakes. Senator Alben Barkley shepherded the measure amid strong cross-party support from labor and business sectors.
MENTIONED IN THIS ARTICLE
Richard L. Strout
Christian Science Monitor
Halifax
Keynes
Congress
Exvnort-Import
House
Senate
Britain
Lord Keynes
House of Lords
Westminster
Ington
North Atlantic
America
Lords
House of Commons
Treasury
Alben W. Barkley
Kentucky