Show washington N NEWS EW S I 1 f 4 t r P 5 FROM OUR congressman W WK K GRANGER an amend amendment mont has been of 1 f ered providing a custodianship for the securities and property of great britain and other countries in this hemisphere as it is felt that if hitler got possession of them title to british possessions in this hemisphere he would have won the war in this part of the world without firing a shot the addition to the bill reads as follows to protect the economic welfare of the united states and theother american republics and to provide for the common defense of the western hemisphere the president is authorized to negotiate the transfer joint custodianship custodians bip of the 21 american republics for the dura ion of the wars abroad and such time thereafter as they may deem necess necessary ary the stocks bonds land banua jive J T titles shares contracts agreements representing any rights or interests in or ownership of any national or private enterprise located within what is geographically known as the western hemisphere which are owned or controlled by or subject to the disposition of any such foreign government or any of its nationals 0 A plan has been agreed upon by the appropriations committee whereby the treasury Tree sury and the tha bureau of the budget would give congress monthly statements on national defense expenditures defense expenditures in the first six months were compared with in the last six months of the previous fiscal year 0 plans are under way for speeding the placing of defense orders with small business firms the I 1 aim is to cut through delays now experienced in spreading orders to these concerns through large corporations the national defense advisory commission suggested that the large corporations and labor cooperate in a plan to spread orders among small business men |