Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-11-24
Lothian Says Britain
Is Beginning 10 Come
To End Of Finances
Her Gold and Securities
All virtuoIIy Exhausted,
Envoy to U. 5. Reveals
B, the Associated Press.

By the Associated Press.
NEW YORK, Nov. 23.-Lord
Lothian, British Ambassador to the
United States, returned from his
bomb-battered homeland today with
a cryptic declaration that Britain's
financial problem was becoming
urgent"
His country, he said. was begin
ming to come to the end Of her nm
ancial resources.
The envoy was one of IA pas
sengers who came from Lisbon on
Pan-American Anyways Atlantic
Clipper. Another Clipper. the Dixie.
Immediately followed with nine
passengers. also from Lisbon.
Lord Lothian foresaw "a dificult
year" for the British and an en-
phatic need of all kinds of war ma
terials, including airplanes. NUM-
lions, ships and perhaps finance"
He emphasized that England de
finitely does not need men" as part
of this country's assistance.
The Ambassador was optimistic OF
British success, however, and as
serted that confidence in ultimate
victory Is high"
Gold Virtually Exhausted.
Asked at press conference
whether his statement regarding
Englands need of finance was in
tended to convey the idea that his
government might ask for loans.
Lord Lothian replied that since
virtually all of Britain's gold and
securities had been exhausted, the
financial factor figured in discus
sions of next years war effort.
Lord Lothian said that the United
States was increasing its already
satisfactory assistance to England
and asserted that he wanted 1t
understood that there was no feel
ing in his homeland that American
assistance was not enough"
mo one in England is under any
illusion, and 1941 will be a hard
and difficult year." he said. ANY
thing you can send us We want. and
1t may make a great deal OF differ
ence."
No Commitment From Roosevelt.
At Hyde Park, N. Y. where Presi-
dent Roosevelt spent Thanksgiving,
White House officials received with
out comment word that Lord 10TH
ian had mentioned the condition Of
British finances.
They merely called attention to
the Presidents statement at a press
conference yesterday that there
had been no talk in the Govern
ment of extending credit to Britain.
The people of Britain received
with gratitude and approval"
Lord Lothian said. President Roose-
velt's announcement of $3.50 split
between this country and Britain in
the American production of arms.
In addition to a heartening effect
produced by American aid, the envoy
said that Greek successes against
Italy had made the British thor
oughly enthusiastic.
The British government, he said.
remained adamant on the subject
of sending food for children In
France and other -enemy-occupied
countries.
IF Germany will recall its troops
from these countries, food will 60
in," he said.
Ship Need Increasing.
Britain's need of ships had be-
come a main problem" he added.
because his government expected
Germany to reduoble efforts to dis
rupt the stream of supplies to Eng
land.
Asked if Italy's experience in
Greece might lead to peace over
lures, Lord Lothian said he would
not do anything to prevent it,"
He said he had no information as
to whether Spain might join the
axis front. He reported there was
very little fifth column activity in
London"
The Clipper carried Is passengers
and 1900 pounds of mail 1t had
left Lisbon with 3,086 pounds. but at
Bermuda British censors seized all
but TOO pounds and put back on
1900 pounds previously removed
there.
Among the passengers were five
United States Army Air Corps and
Navy observers who had been IN
England for varying periods, includ-
ing Maj. Gen. Barton Yount, who
will assume command Of the South
east air defense district. with head
quarters at Tampa, Fla
Also aboard was Milo M. Thomp-
son, chief of the London bureau of
the Associated Press, who has been
stationed in Europe for nearly two