FOREIGN TRADE: Political Loans

If Washington's Export-Import Bank had a cashier's cage, foreign nationals would have been queued up there last week. With Lend-Lease ended (see NA TIONAL AFFAIRS), the borrowers were figuratively standing in front of the Export- Import Bank's 64 desks, hat in hand:

¶ France has asked for $240 million for river barges and railroad equipment (including 27,000 cars and locomotives).

¶ Denmark is negotiating for $20 to $25 million for reconstruction.

¶ The Netherlands would like $115 million for domestic reconstruction; the Netherlands East Indies is negotiating a loan to rebuild its rubber plantations and oil refineries.


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