Indianapolis Times, Indianapolis, Marion County, 6 June 1952 — Page 13

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IT SHOULDN'T HAPPEN TO A DOG—Dreaming of happier

down by a careless motorist. The forlorn fide

forlornly by his favorite fireplug,

‘Big U. S. Arms Order

* has the sympathy of the fire department's repair crew.

THE INDIANAPOLIS TIMES

—

Likely for France

PARIS, June 8 (CDN)—It now! various sizes to finance French

_seems certain that France will receive orders for $200 million “worth ‘of military supplies from “the United States before July 1. This practically guarantees

*that France will get the full $600

million which Washington prom«ised to make available to it during the current American fiscal

ar. ¥® The remainder of the $600 millions. regarded as necessary to ake possible France's $4 billion foilitary budget — includes $270

$v American armed services in Eomict The amount

anded to France for its own use,

thus $500 million. & Half of Contracts Signed

+ About half ‘of the contracts re$uired for the $200 million worth Pt “offshore purchase”. orders dave already been signed and the smainder are stated to be on the int of being signed. ; = It is assumed that France will Bubsequently be permitted to disfount them at the Export Imrt Bank, giving it immediate cess to the liquid funds it needs. ctual payments under the confracts are not due until delivery pf the equipment which may not Pe ready for months or years. % Most of the goods ordered undorthe $200 million program consist of munitions for use of Prench troops in Indoqghina.

The next big question is wheth. er France will succeed in getting

the $500 million of additional “offshore

States for the period between now and 1955.

¢ Paid In Installments According. to the plan ad-

lion nted in direct econom- i ip lon. given in. goods. t 4 rive France some $200 mil. | 3 Fa fiion gives 01 ae reek BL eae Rie Which | dochina and $100 million spent Have Just been placed, plus. $200 f

procurement” orders which it seeks from the United

| HARRY LEVINSON

vanced by France, this amount | would be paid in installments of |

production of extra materiel for ‘France's own ‘use which, in French eyes, is essential to the ‘perfection of its. rthilitary estab-| (lishment. * It wauld be in addition to the amount and type of aid which! {has been granted by the United States during the past year, ex-| cept that it might be extracted from the amount the United] | States might ordinarily expect to give France in end items—weapons and - supplies of American manufacture. -For example, during the coming fiscal year. the United States

million -in direct economic aid!

actually plus $150 to $200 millioh in orders

{for the additional equipment. If it is assumed that deliveries! jof American “end items'’—tanks,! planes, guns and so forth-—have! been scheduled at the rate of $1 ‘billion during the past year, the amount delivered to France dur-| ling the fiscal year 1951-’53 migfit | ibe cut to $800 or $850 million to make up for the additional “off{shore orders” placed here. The {total aid given France would | thus be about the same as during | the past year. *

Given Honorary Degree Dr. A. Dale Fiers, president of the United Chirstian Missionary

Society, holds an honorary Doc!

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