Show washington D C SHIP PREMIUMS TO JAPAN it is hard to believe but the government of the united states actually is paying war risk insurance to ta the japanese for helping to insure the SS america pride of the U S merchant marine gehis is just part of the revelations over reinsurance insurance re which are breaking this week at the justice department these probes also show that when a vessel is is injured axis insurance companies get all the data regarding its cargo time of departure destination and the interior plan of the ship thus despite all the censorship of secretary of the navy knox germany has had an easy means of knowing all about every ship that leaves the united states this is accomplished when american insurance companies because of the heavy risk involved in insuring a cargo in wartime var time re reinsure insure with various foreign companies in other words they sell part of the policy abroad thus distribute the risk that is how japan makes a lush luah profit on insuring american vei vessels sels even vessels owned by the U S A last year congress passed a law providing war risk insurance for U S shipping but the maritime commission for reasons best known to itself has declined to take advantage of the law commission members state quite frankly that they wanted to throw the business to private insurance concerns as long as private insurance was available a 4 DEBATE FREEZING AXIS FUNDS one of the most vigorous inner inner cabinet debates in a long time concerned the question of freezing german italian funds on deposit in the united states in a heated discussion cus sion secretary of state hull and secretary of commerce jesse jones were the only cabinet members who stood out for letting the two axis powers continue to spend money as they wished in this country many people may not realize it but whereas the government has frozen the funds of all the conquered nations france norway denmark belgium holland areece greece etc it continues to permit the conquering nations to use their money in the U S A in any manner they wish for instance germany gets more than a million dollars monthly from the lease of patents to american companies this is paid in american dollars and can be spent for anti american propaganda or anything else or shipped back to germany italian diplomatic attaches for instance were found carrying in U S currency in a suitcase from new orleans to mexico for propaganda purposes another of U S currency was shipped to buenos aires by the italian embassy meanwhile meanwhile france for example no longer sells perfume etc to the united states but sells to germany which in turn ships the perfume through vladivostok to the united states reason is that french funds are frozen so the french can get no money from the U S A but german funds are not frozen so french trade to the united states now increases nazi profits and helps build up trade channels for the future a streamlined FOODS because bebau se of the acute shipping shortage food items for shipment to britain are being selected for high vitamin and calorie content also for minimum bulk and weight in general preference will be given to concentrated and dried foods rather than bulky canned goods such as fruits which contain a considerable sid erable amount of water tomatoes to s are an exception because the juice they are packed in is high in vitamins one item urgently desired by the british is dehydrated vegetable soup 12 tons of which will make bowls A plan is under consideration to transport some of this concentrated food in the big bombers being ferried across the atlantic which can easily carry a 12 ton load the that has be been en allocated for the food aid program will be used to buy cases of canned tomatoes cases of evaporated milk pounds of lard pounds of cheese se several veral million pounds of wilshire cured ham millions of powdered eggs and thousands of tons of dehydrated vegetable soup dried raisins and prunes while gigantic in itself the pro gram is only about 3 per cent of the U S food biu bill which in 1940 was MERRY GO ROUND the nelson rockefeller committee for cultural relations with south america at all keen about the douglas fairbanks goodwill good will pilgrimage they resented franklin roosevelt jr close friend of fairbanks putting this one over with his father while they looking mayor laguardia declined with thanks request that he head the new civil defense commission indicating to the boss that he wants a cabinet job or nothing |