Daily Post - 23.07.1941, Blaðsíða 4

4
U AIL Y POS i'
U.S. Loan to Britain
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Announced by Sir Kingsley Wood
London, July 22nd.
The Chartcellor of the Ex-
chequer informed the House of
Commons today that with the
approval of the U. S. loan had
been authoristed to the British
Government .of .425 .million
dollars .and .the -.agreement
terms had been signed yester-
day.
Sir Kingsley Wood said that
the purpose of this loan was to
provide Britain with exchange
to be used towards paying for
British supplies contract prior
to the enactment of the Lease-
Lend Act.
The loan will bear interest
at rate of three per cent per
annum and mature in 15 years.
Provided that if two thirds of
the capital have been repaid
at the end of that period an
extension of five years may be
granted. As collateral securi-
ty sharðs representing direct
investments and certain marke-
table securities, including those
of British owned insurance
Enlarged India
hecntive Conncii
National Defence Council
Establlshed
London, July 22.
The Secretary of State for
India, Mr. Amery, has announ-
ced the establishing of a Nati-
onal Defence Council in India.
This council is an advisory
body. It includes members of
the Indian states and provin-
ces.
Mr. Amery also described
the men who have joined Ind-
ia Executive Council as men
of skill and great intelligence.
This Council, he said, would
be unrivalled in India and a-
mong its members were men
had been close to the Congress
Party. Such representatives
are a powerful team.
In the lást war all war mat-
c ' s, even ammunition had to
ibe sent to India. Now India ex-
ports a great rrtany things —
necessary in war. Indian troops
are equipped with Bren-guns
made in India. In addition
boots and blankets have been
sent to Gr. Britain from India.
companies, are given. It is emp-
hasised that there will be no
change in control or manage-
ment of tl^ese direqt invest-
ments including the insurance
companies.
Smaller Cost of
Living
LONDON. July 22nd.
A slight drop in the oostof liv-
ing is reported by the Ministry of
Labour. On July 1 the official
index was 99 points above level
in July 1914 as oompaned with
100 points on May 30th 1941.
For food alone index figures were
67 points above 1914 Íevel.
No Respite Given To
Enemy War Effort
i ———
London, July 22nd.
Last night R.A.F. bombers
attacked enemy bases ranging
from the Mediterranean coast
of France to Denmark. A
heavy offensive was launched
on Frankfurt and Manner-
heim. raids were carried out
on Cherbourg and Ostend, and
enemy aerodromes in North-
ern France were bombed.
Today British bombers made
two raids on enemy bases in
Naples Strafed
LONDON, July 22nd.
The oommuniqué issued today
by R. A. F. Headquarters in the
Middle East states: "‘Heavy bom-
bers of the R. A. F. carried out
an attack on. the harbour at
Naples and railway sidings in
the vicinity during the nightJuly
20.—21. The first bombs dropped
on the target oaused large fires
and these were subsequently en-
larged by bombs from newioom-
ing aircraft. The fires were aoc-
ompanied by explosions.
During the same night seven
heqvy bombers again attacked <he
doicks and installations at Beng-
hazi, causing fires and explos-
ions on the moles. All our air-
craft retumed safely."
wonnded Prisoners
to be Repatriated
LONDÖN, July 22nd.
ArTangements for the repatri-
ation of badly wiounded prison-
eers of war are under disoussi'on.
This was revealed by the under
.seqre^ary fbr Foreign Affairp, Mr.
replying to questíons in the
Mýusertóday.
Mr. Law stpted that proposals
made for repat^ttbn by hospital
j&ips had nöt^been aacepted by
the Gennan Góvernment, but
Beriin. recently made oounter pro-
posals for repatriation from neut-
ral ciountries by ambulanoe aero-
planes. For practical neasons the
British Government is unable to
aooept this proposal in the fiorm
it i's made, but has advanqed
alternative suggestions wíhich
they hope will be aqoeptable to
the German Govemment.
the occupied countries. Seven
enemy fighters were destroy-
ed and three British.
The total number of enemy
planes shot down on Satur-
day was nine. Six British plan-
es were lost.
Last night a few bombs were
dropped in East Anglia. A
British and a German plane
collided and crashed. A British
plane crashed over Lincoln.
A Smart Ruse
YOU may have rCad about the
eagerness with wihich the French
peo-ple adopt any stunt for an-
noying the Germans. The French
section of the BBC has wow
thought up a brilliant slant on
the use of de Gaulle’s famous
*‘V“ for victory. Up to now, the
V has only been seen chalked
up on walls and pavements. Now
it can be heiard. Someone noticed
that the fam'OUs opening theme
of Beethoven’s Fifth Symphony
has the exact rhythm of the letter
... — in morse... — short, short,
short, long. So now the BBC’s
French broadoasts are teaching
the people of Frande to whistle
'the first bar of the Fifth Sym-
phony, to rap it out on doors,
oounters and windows, to stamp
it with their feet in cinemas until
the famous V is dinned on all
sides into infuriated German ears.
m, B jerir tSiU' .ý,
Et.V v * V '*>r
Dry Cleaning and Dýeing.
(Next door to uLiverpoorj.)
r ■ ■ ... — .- —
Natstofan
AÐALSTRÆTI 16.
(Next door to Bæjarbílastöðin).
Try our Fish and Chips! Furt-
her we sell Tea, Coffee, Cakes,
Beter, Minerals etc.
Music all day.Open to 11,30 pm.
Laandry
Washing taken in for Eng-
lish and Ameriqan soldiers.
Apply at l6| EgDsfpMi
between 5—6 p. m. (Ne-
ar Skólavörcuhcdt).
Hambuirger.
Baoon.
Eggs.
Tomatoes.
Meals and Coffee.
MATSTOFAN
9 Aðalstraeti.
Fricadly Relations
with Finland
London, July 22.
When speaking in the House
of Lords today Lord Snell
said that the British Govern-
ment had decided at present
to maintain friendly relations
with Finland but had left the
Finnish Government in no
doubt that this decision might
at any time be reversed in the
light of events. Navicerts had
of course ceased to be issued
for goods and no faculties were
being given for ships proceed-
ing to Finland.
R.LFs Relentless Raids
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