Daily Post - 21.10.1942, Blaðsíða 1

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Dallv Post
Wednesday, Oct. 21st, 1942
Priee 35 aurar.
Nazis Ponnd Volga Snpply Ronte
Stalingrad Still Resists
Mozdok Area Activity
London, Oct. 20th.
Day and. night battles are still raging in Stalingrad, where
the fighting is now in its 82nd day. The Germans are making
determined efforts to exploit their gains of the last tioo days,
but are meeting with just as determined resistanee as ever.
Axis U-Boat Losses
First Lords Statement
KJEIAND’S ONLY ENGLISH
DAILY
ON SALE EVERY DAY
EXCEPT MONDAY 8 A.M.
III — 167
War Gosts Britain
£ 12,750,000 A Day
Comparisons Witb 1914-1917
London, Oct. 20th.
Britain’s war expenditure
now stands at £12.750,000 per
day. This was stated by Sir
Kingsley Wood, Chancellor of
the Exchequer, when he asked
the House of Parliament to
approve the grant of a further
£100,000,000 for war expendi-
ture. He said that this latest
request would bring Britain’s
total expenditure since the
war began to £1250 millions
— more than 2V6 times more
than the first three years of
the last war.
Sir Kingsley mentioned that
the total amount contributed
by the small investor, in war
loans etc., was £200,000,00
during the period 1914 to
1917, compared with £1,500,-
000,000 during the correspond-
ing period this time.
The Chancellor added that
it was possible that we had
now passed the period of strik-
ing increases in our war budg-
ets, but that that did not mean
that the problem of financing
the war on a sound basis would
take an easier turn or that we
could relax our war effort.
He said that there is to be a
supplementary issue of Nation-
al Savings Certificates for those
who have already purchased
up to the present maximum of
500 certificates. They will be
on sale in January.
Sir Kingsley welcomed the
visit of Mr. Morgenthau, U. S.
Financial Secretary, to Lond-
on and said that our relation-
•ships with the United States
were a good augury for the
successful organisation of our
financial system both now and
when the war is over.
The House approved the £
100,000,000 grant..
French resistance in certain
isolated parts of Madagascar is
reported to be stiffening slight-
ily.
Since the Germans gained a
block of buildings in the fac-
tory belt the day before yester-
day they have made no appre-
ciable progress. Their attacks
have been directed against So-
viet key positions but have all
been repelled with heavy loss-
es to the Nazis, who have lost
thousands of troops and scores
of tanks in tjie last few days.
500 PLANES
The city and its Volga com-
munications are subjected day
and night to aerial bombard-
ment from 500 planes. Often
this number coijicentrates on a
narrow sector for hours at a
time, after which, when the re-
sistance of our Allies is cónsid-
ered at a sufficiently low ebb,
masses of tanks and infantry
with artillery move up, only to
find themselves checked by the
dauntless and unbroken spirit
of the Soviet troops. The city
is still receiving supplies and
reinforcements across the Vol-
ga. The Germans do what they
can to stop this by shelling the
bridges and the barges with
long-range guns, dropping flo-
ating mines and by aerial bom-
bardment.
NAZI LOSSES
In the area N.W. of the city,
enemy trench positions have
been raided by Marshal Timo-
shenko’s troops, and the Rus-
sian artillery has dispersed and
partly wiped out two compani-
es of infantry and many tanks
during the last 24 hours.
CHANGED HANDS TWICE
The long-coveted objective
in the Eastern Caucasus, the
Grozny oilfields, are no neare'r
attainment than before. Al-
though the Germans yesterday
managed to drive a wedge into
the Sovjet defences at Mozdok
they were thrown out again.
An un-námed locality in this
area changed hands twice yest-
erday, but was finally held by
our Allies. One Soviet unit has
accounted for an entire batta-
lion of infantry and 17 tanks
in the last few days.
ADVANCE ON TUAPSE
In the Western Caucasus the
position has deteriorated some
what since yesterday, as to-
day’s Moscow communiqué an-
nounces the evacuation of two
inhabitéd localities. The Ger-
mans claim that two of their
motorized columns have joined
up and are advancing on Tu-
apse.
GUERILLA ACTIVITY
On the Leningrad front lo-
cal action is reported with de-
struction of German block-
houses. Russian guerillas are
increasing their activity as win-
ter approaches, and our Allies
are setting dp dozens of factor-
ies all over the country for the
canning of fóod.
More Activity
Over Iceland
It is announced by the Mili-
tary Authorities here that a
hostile aircraft was over the
Reykjavík area on Tuesday
20th October, and that an air-
London, Oct. 20th.
Five hundred and thirty Ax-
is submarines have been destro
yed or damaged by British or
American forces since the war
began. This was revealed by
Mr. A. V. Alexander, First
Lord of the Admiralty, in Lon-
don to-day. He said that this
figure did not include the re-
sults of attacks made by So-
viet forces nor by the French
Navy before June 1940. He ad-
ded that not all of the Ame-
rican successes were included
even, as complete and up-to
date figures were not avail-
able.
Mr. Alexander said that ,the
sacrifices made by our Naval
and Air Forces had not been
in vain, as the sea routes of the
United Nations were still open.
He warned his listeners that
we could expect the enemy’s
effort at sea and in the air to
increase. “But,” he said, “I can
assure you, so will our counter
measures increase.”,
The First Lord praised the
work of the Arctic convoys, —
saying it was not generally ap-
preciated that hundreds of
ships had been seen safely
through to Russia, in spite of
great dangers and constant en-
emy attacks.
raid alert was sounded. The
plane was driven away by
heavy anti-aircraft fire.
It is also announced that the
Icelandic fishing vessel, “Eld-
borg”, was attacked by a Ger-
man Focke-Wulf machine with
machine-gun fire on Sunday,
18th October, off the North-
east coast of Iceland.
The ship was not damaged
and there were no casualties.
She reached port safely on
Monday.