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Foreign News: Eyes Right and Left

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TIME

Sweden, one anxious eye on expanding Russia, the other on the future, last week took steps to cement a trading bloc of small northwestern European nations.

¶ By agreement with the Norwegian Government in Exile, Sweden will advance credits, begin making and storing goods to be used in Norwegian reconstruction. Anticipated volume: $125,000,000.

¶ Similar arrangements have been made with Belgium and Holland.

¶ Swedes let it be known that by cutting their rations they could, in a pinch, feed the Finns.

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