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France Buys American Stores.
"RED TAPE" STUPIDITY ENDS.
" PARIS, 29 th August.
Lhc Americans, who, owing to 'red-tape
stupidity, had been Obliged to burn some
motor ears ami other military equipment
which they were unable to take to
America, are now delivering to the French
war stocks valued at £100,000,090. This
sum will he paid in French 5 per cent,
bonds, repayable in ten years.
The stocks include an enormous quantity
of foodstuffs and 1,000,000 lb. of frozen
meat. This is regarded aa a windfall.
The British arc selling booty to France
which includes waggons, engines, and' hun
dreds of tons of steel and iron bars.
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