Loans and Credits to Foreign Countries

Archive Report


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Richard M. Boeckel, Editor

Measures for Government Aid to Finland

Passage by the Senate of a bill which, without specifically mentioning Finland, would permit extension to that country of an additional Export-Import Bank credit of $20,000,000 for purchase of non-military supplies, advanced a step nearer conclusion a proposal recommended by President Roosevelt on January 16.1 An initial Export-Import Bank credit of $10,000,000 had been made available to Finland in mid-December. The administration had given further evidence at that time of its desire to assist Finland by placing the semi-annual payment ...

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