Evening star., 1940-03-08
Army Will Receive
First Deliveries Of
New Planes Soon
British-French Mission
Will Discuss Possible
$1,000, 900, 900 Order
~ the Associated Press.

~ the Associated Press.
First deliveries on a mass order of
3,109 warplanes are expected by the
Army this month, less than a year
after Congress voted the $500, 900 900
expansion program.
officials indicated today that con-
tracts were being carried out despite
heavy Army, Navy and foreign
orders which Maj. Gen. Henry H.
Arnold, Air Corps chief, said might
cause the United States aircraft in
dustry Ito be destined to dominate
air development throughout the
world"
A British-Frencn purchasing mis-
sion called manufacturers to New
York next week to discuss terms OF
a possible $l,000,000, order for
aircraft. Arthur B. Purvis, head of
the mission, said yesterday after a
conference with Secretary Morgen-
thau that the entire order was
wanted, if possible, within a year.
S41,000,0O0 Loans Approved.
Meanwhile, the Export-Import
Bank approved loans of Sal 100000
to foreign countries for purchase of
military supplies in the United
States. China was allotted credits
Of S20,000,000, Denmark $4,000, 900
and Iceland $1,OO0000.
Before the new loans were an
nounced, Federal Loan Administra-
tor Jesse H. Jones told reporters
after conference with President
Roosevelt that he did not believe the
map of Europe would be greatly
changed by the present wars. II
think Finland will pay what she
owes" he added. Finland has been
allotted total of $30,000,O00 Export
Import Bank credits.
Finland, Mr.. Jones said, plans to
purchase rye, oats, lard, peas, cot
ton, soy beans, tractors, trucks, wool,
telephone wire and soap with its
latest s20,000,000 loan.
In connection with the Chinese
loans. Mr.. Jones said that he never
heard of any objections" from ia
pan to the United States loans to
China.
Will Purchase Trucks.
China, he added, plans to pur-
chase a large number of articles in
cluding trucks and road building
machinery. He said the loan would
be repaid largely by tin exports to
this country.
Mr.. Jones said the bank probably
would make some loans in Latin
America, but no applications are on
file.
Asked for comment on a report
that the Japanese foreign office
spokesman had described the new
credit to China as an unfriendly act.
to Japan, Secretary of State Hull
said at his press conference today
that the transaction was in further
ance of this country's commercial
policy which includes some financing
by the Export Import Bank to vari-
ous countries from time to time.
An official summary of progress on
the Army airplane orders, which
Gen. Arnold outlined behind closed
doors to the House Military Com
mittee this week, showed:
Monthly deliveries. which ap-
proximated 125 draining and previ-
ously authorized planes) in February,
are scheduled to rise gradually to a
peak of between 275 and 300 by Jan
uary, 1941, and to continue at about
$50 a month until the following
July.
Delay Is Anticipated.
Production of engines below 1000
horsepower is ahead of schedule, but
the output of those of higher power
has Jagged. AS a result, delay is an
ticipated in some pursuit and
bomber contracts.
Nevertheless, if manufacturers
assurances are realized, deliveries
can be accelerated next year suffi-
GENTLY to attain the goal on time
$500 planes of all types by mid
1941.
BY adopting models and motors
OF advanced designs before COM
pletion of full normal tests, the Air
Corps is confident the new planes
"will be equal or superior to any,
thing in Europe"
The British and French purchas-
Ing officials talked at the Treasury
with Secretary Morgenthau as Presi-
dent Roosevelt's personal repre-