LEASE AND LEND WILL NOT AFFECT EXCHANGE NEEDS
EFFECT OF THE LEASE AND LEND ACT ON THE UNITED KINGDOM'S EXPORT. PO- LICY WAS DEALT WITH BY CAPT. OLIVER LYTTLETON, PRESIDENT OF THE BOARD OF TRADE, REPLYING TO A QUESTION IN THE HOUSE OF COMMONS YESTERDAY.
Britain, he said, needs more supplies of every kind from the United States.
the
The British Government are tain and the United States, Capt. grateful for the ungrudging akt Brooksbank, Financial Secretary they have already received and to the Treasury, emphasised tha are fortified by
the Assurance in spite of the passage of which the Lense and Lend Act Lease and Lend Act our overseas provides for continued supplies commitments to be met in gold of essential goods.
or dollars remained very large.
It therefore remained essen. tial to our war effort that our exchange resourcea should be conserved to the maximum de- gree and the exchange control regulations strictly complied with by all concerned.--Reuter,
Our need for dollars, how- ever, remains very great and anything which adde ta our dollar earnings is a contribution of first rate importance to our cause.
to
That was one reason why the British Government still regarded it as necessity for Britain maintain and extend its exports to the United States and con- Uinues to give every assistance to that trade.
Response Of Buyers
RACE AGAINST
THE RAINS
of
(Continued from Page 11 A considerable number guns and much war material was also captured at Asmara. Operations are continuing south.
The extent to which this pur-west from Asmara. pose could be achieved of course British forward troops
have
depended largely on the response withdrawn to positions north o!
of buyers in the United States,
Agedabia, in Libya. This move-
THE CHINA MAIL, APRIL 1941.
R.A.F. personnel_landing in Greece from a British warship, drawn up on the quay at the port of Athens, watched by Greek dock officials and sailors. (Copyright, Fox).
EIRE'S
PROTEST
TO REICH
Eire has suffered from
and he trusted they would con-ment was followed up by enemy Nazi attacks on shipping, tinue to ask for our products. mechanised forces.-Reuter.
Experience would, he thought, have demonstrated to them our deliver
ability to produce and goods and maintain their tradi tional high quality. (Cheers).
Freer Exchange
Replying to a further question, suggesting modifications In the law relating to holdings and use of dollar currency by Britons in the United States and a freer exchange of currency betwen Bri-
11349260026133.2020|2|LEST
Trying To Counter
Eritrean Disasters
[SPECIAL TO "CHINA MAIL"] German military quarters
Mr. Eamonn de
Valera,
the Premier, revealed in the Dail yesterday.
During the last four weeks, he; instated, one Irish vessel has been Berlin yesterday claimed that a sunk and three others attacked. German offensive In Libya has opened.
They allege that German and Italian forces are "pursuing” Bri- tish troops retreating northward.
International News Service.
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In all cares the aircraft had been identified as German, and the Eire charge d'affaires Berlin had been instructed protest and demand compensa- tion.
in
to
Asked if he would make imme- diate urgent representations the United States, to remove the vestrictions on United States ship- ping to Eire, Mr. de Valera plied that such representations, were made at an early stage the war unsuccessfully.
to
ill
re-
They had made offers to pur- chase United States vessels
and had asked the United States all- thorities to facilitate them in ob- taining the necessary licences. Reuter.
JAPANESE RELEASE LIGHTERS
Just 24 hours after their detention, the Japanese naval authorities in Shanghai yesterday re- leased seven lighters be- longing to three foreign concerns, several native lighters and approximate- ly 500 tons of general mer- chandise, according to the "North China Daily News.'
The merchandise was consigned by Chinese and foreign shippers to Hong Kong, Rangoon and Cal- cutta by the British steamer "He- len Moller."
It is understood that three of the seven foreign lighterst longed to British firms.
Thal♪ release is reported-, to have followed discussions – bo- tween the foreign consuls (525 corned and the competent: Jas panese authorities.
Quoting Chinese sources, the
nowspaner says the Japanese act-
STOP PRESS
GENERAL
from
[SPECIAL TO "CHINA:MAIL"]" The announcement of the Bri- tish evacuation of Benghazi gave few details "of the withdrawal.
The British military authorities in Cairo believe, however, that General Wavell either found him- self. confronted by a major air onslaught from Germah Stukas recently landed in North Africa or decided to shorten his long, thin line of communications in the Near East or the Balkans.—, International News Service,
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