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Bank Plans for Postwar Loans Abroad
Washington reports Export-Import Bank president Warren Lee Pierson outlined a plan to expand lending to war-torn nations after the war. He urged repeal of the Johnson Act and suggested a $2 billion program, with potential credits to Yugoslavia Czechoslovakia Greece France and others, while noting existing Refinance Corp limits. Grand Coulee dam expansion mentioned as context.
MENTIONED IN THIS ARTICLE
Washington
Warren Lee Pierson
Export Bank
Les Crowley
Congress
State Department
Pierson
Benk
Yugo Slavia
Czechoslovaka
Beleduc
Greece
France
Russia