Word: iceland
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...German Army than it could by entering the war against Japan (see p. 14). If the European end of the Axis launched such an all-out attack in the Atlantic as the Japanese had launched in the Pacific, the U.S. might soon be fighting for the Azores and even Iceland. But if the bastions of Allied sea power held against assault, the Allies could then turn to the offensive...
...Iceland, whose Parliament began meeting on the sounding, desolate plains of Thingvellir (pronounced Thing-vod-lef) in 930 A.D., found itself overrun by British and U.S. soldiers, all with a healthy taste for blondes. Prices had risen 70% in less than a year and a half. Fishermen-fishing is Iceland's chief industry-netted almost as many mines as fish. The State liquor monopoly was being wrecked by bootlegging. Premier Hermann Jónasson's Cabinet had fallen twice in less than a month. The 1,011-year-old Parliament (the Althing) had rejected price-control plans...
...British wanted all of Iceland's fish and fish oil they could get, but could not pay in the wheat, machinery and coal that Iceland wanted...
Into the White House last week marched youngish Thor Thors, Iceland diplomat. Franklin Roosevelt accepted his credentials as first Minister to the U.S. from Iceland, acknowledged an agreement to underwrite all British trade obligations to Iceland under a special Lend-Lease agreement, at an estimated cost to the U.S. of about $20,000,000 annually. The U.S. will pay dollars to Iceland for all the fish and fish oil shipped from Iceland to Britain, will treat the little democracy as a Good Neighbor...
...Army planeload of Camp Shows talent: Funnymen Laurel & Hardy, Singer Jane Pickens, Actor John Garfield, Dancers Mitzi Mayfair and Ray Bolger. Producer Dowling expects to send Broadway hits, cast by George Abbott, Vinton Freedley, other Broadway producers. Most ambitious Camp Shows idea: sending a stock company to Iceland for an eight-to ten-week stay...