Skip to comments.U. S. AND BRITAIN FREEZE JAPANESE ASSETS; OIL SHIPMENTS AND SILK IMPORTS HALTED (7/26/41)
Posted on 07/26/2011 5:20:44 AM PDT by Homer_J_Simpson
#1 - Daddy - Sammy Kaye, with the Kaye Choir
#2 - Maria Elena - Jimmy Dorsey, with Bob Eberly
#3 Green Eyes - Jimmy Dorsey, with Bob Eberly and Helen OConnell
#4 - The Hut-Sut Song Horace Heidt, with Donna & her Don Juans
#5 The Hut-Sut Song Freddy Martin, With Eddie Stone
#6 - Yes Indeed! - Tommy Dorsey, with Jo Stafford and Sy Oliver
#7 - Yours Jimmy Dorsey, with Bob Eberly
#8 - Goodbye Dear, Ill be Back in a Year Horace Heidt, with Ronnie Kemper and Donna Wood
#9 - Til Reveille - Kay Kyser, with Harry, Ginny, Jack, & Max
#10 - My Sister And I - Jimmy Dorsey, with Bob Eberly
Japanese assets frozen in US and UK
Saturday, July 26, 1941 www.onwar.com
In Britain and the United States... Japanese assets in the United States and Britain are frozen.
July 26th, 1941
UNITED KINGDOM: London: People are flocking to ‘Target for Tonight’, a new, authentic kind of war film made by Harry Watt and the film-makers of the Crown Film Unit (formed from the pre-war GPO film unit). The film is an understated, unemotional account of an RAF bombing mission over Germany by a Wellington bomber code-named “F for Freddie”.
The “actors” are real aircrew from Mildenhall airfield, in Suffolk, performing their real-life roles. After bombing the target in heavy flak, the plane is hit and has to limp home in dense fog. It is piloted by Squadron-Leader Pickard.
British notice of denunciation of commercial agreements with Japan and freezing of Japanese assets.
Minesweeper HMS Deloraine launched.
Corvette HMS Rockrose launched. (Dave Shirlaw)
FRANCE: The British ships HMS Cattistock, HMS Mendip and HMS Quorn bombard Dieppe.
U-116, U-134 commissioned.
U-251, U-437 launched. (Dave Shirlaw)
FINLAND: The Battle for Bengtskär. One of the epic small unit actions of WWII (Cris Wetton)
POLAND: Vilna: This morning the Germans arrested members of the ghetto’s Judenrat [Jewish council]. They demanded five million roubles for their release, of which two million must be found by tomorrow morning. Failure to pay will mean their execution.
As the news spreads through the ghetto, the Jewish community is trying desperately to raise the money to save their lives. Men are donating watches and women jewellery.
PORTUGAL: In Lisbon the transport USS West Point (AP-23, ex SS America), embarks American and Chinese diplomatic personnel and their families from consulates in Germany, German-occupied countries and Italy and sets sails for the New York. Also on board are 21 US ambulance drivers who had been passengers on the Egyptian ship SS ZAMZAM which had been sunk the German auxiliary cruiser ATLANTIS on 17 April. (Jack McKillop)
MALTA: Italian E-boats’ make an intrepid attempt to penetrate Grand Harbour and Marsamxett and destroy ships in harbour and submarine base at Manoel Island. Radar cover effective. Guns from St Elmo and Ricasoli in action. Coastal batteries and Hurricanes later engage. Force wiped out. Eighteen Italians taken prisoner.
MEDITERRANEAN SEA: Submarine HMS Cachalot rammed and sunk NW of Benghazi by Italian torpedo boat Generale Achille Papa. (Dave Shirlaw)
CANADA: Fairmile depot ships HMCS Preserver and Provider ordered Marine Industries Ltd, Sorel, Province of Quebec.
Corvette HMCS Weyburn launched Port Arthur, Ontario. (Dave Shirlaw)
U.S.A.: Roosevelt incorporates the armed forces of the Philippines into the US Army and sends General Douglas MacArthur to take up the command of US forces in the Far East. MacArthur says that he is confident that the Philippines can be defended if war should spread to the Far East.
US General MacArthur recalled to duty as a Lieutenant General and is appointed Commander of USAFFE (US Army Forces in the Far East, a name MacArthur detested — he had wanted the new command known as the Far East Command). The Army of the Commonwealth of the Philippines is called into Federal service contemporaneously.
MacArthur continues as military advisor to the Philippine President. MacArthur upon learning of the mobilization of the Philippine National Army but before learning of his own recall to active duty and of the creation of USAFFE, requests payment of the stipend of $50 per soldier serving in the Philippine National Army . This was provided for in his contract with the Commonwealth Government and had been approved by both Secretary of War Dern and President Roosevelt in 1936.
The money was paid to MacArthur on Corregidor during the siege. A few other US Army officers had similar arrangements with the Commonwealth but one of them, Dwight Eisenhower, declined to accept his payment. (Marc Small)
Washington: In an executive order issued last night Roosevelt brought all financial transactions involving Japanese interests under the control of the US government. In effect freezing Japanese assets worth at least GBP 33 million. This is in response to the Japanese occupation of northern French Indochina on 24 July.
He has also closed the Panama Canal to Japanese ships.
Today the British treasury and Dutch governments announced similar restrictions on all orders affecting Japanese holdings in Britain and the Dominions. By request of the Chinese government, the freeze is also applied to Chinese assets in order to thwart Japanese attempts to abuse its position as the occupier of key Chinese financial centres.
At a stroke, Japan has lost
88% of its oil imports and most of its supply of wheat, cotton, zinc, iron ore, bauxite and manganese. Its two biggest export markets, for GBP55 million worth if silk to the US and GBP40 million worth of cotton cloth to Britain, have disappeared.
Japan hit back by freezing US and British assets in Japan. These are believed to be small.
JULY 26, 1941, MESSAGE TEXTS:
a) (MARSHALL to MacARTHUR):
EFFECTIVE THIS DATE THERE IS HEREBY CONSTITUTED A COMMAND DESIGNATED AS THE UNITED STATES ARMY FORCES IN THE FAR EAST STOP THIS COMMAND WILL INCLUDE THE PHILIPPINE DEPARTMENT COMMA FORCES OF THE GOVERNMENT OF THE COMMONWEALTH OF THE PHILIPPINES CALLED INTO THE SERVICE OF THE ARMED FORCES OF THE UNITED STATES FOR THE PERIOD OF THE EXISTING EMERGENCY COMMA AND SUCH OTHER FORCES AS MAY BE ASSIGNED TO IT STOP HEADQUARTERS UNITED STATES ARMY FORCES IN THE FAR EAST WILL BE ESTABLISHED IN MANILA COMMA PHILIPPINE ISLANDS STOP YOU ARE HEREBY DESIGNATED AS COMMANDING GENERAL COMMA UNITED STATES ARMY FORCES IN THE FAR EAST STOP YOU ARE ALSO DESIGNED AS THE GENERAL OFFICER UNITED STATES ARMY REFERRED TO IN A MILITARY ORDER CALLING INTO THE SERVICE OF THE ARMED FORCES OF THE UNITED STATES THE ORGANIZED FORCES OF THE GOVERNMENT OF THE COMMONWEALTH OF THE PHILIPPINES DATED JULY 26 COMMA 1941 STOP ORDERS CALLING YOU TO ACTIVE DUTY ARE BEING ISSUED EFFECTIVE JULY 26 COMMA 1941 STOP REPORT ASSUMPTION OF COMMAND BY RADIO END.
b) (MARSHALL TO GRUNERT):
THE PRESIDENT HAS ISSUED A MILITARY ORDER THIS DATE CALLING INTO THE SERVICE OF THE ARMED FORCES OF THE UNITED STATES FOR THE PERIOD OF THE EXISTING EMERGENCY ALL OF THE ORGANIZED MILITARY FORCES OF THE GOVERNMENT OF THE COMMONWEALTH OF THE PHILIPPINES STOP
AA cruiser USS San Diego launched. (Dave Shirlaw)
SOUTH AMERICA: Peru and Ecuador declare a truce in the border war.
ATLANTIC OCEAN: At 0328, U-141 attacked Convoy OS-1 and Schüler thought the he has scored one hit on each of three ships. The first vessel was seen being abandoned, the second exploded and the third, which had four masts, was seen to develop a heavy list. In fact, the Botwey was sunk and the damaged Atlantic City was abandoned, but later reboarded and salvaged. (Dave Shirlaw)
>>> AA cruiser USS San Diego launched.
The San Diego was a light cruiser-one of four of the Atlanta class-and the only one of her sisters to survive the war unscathed. The San Diego steamed over 300,000 nautical miles, engaged the enemy on 34 different occasions, and never lost a man. She earned 18 battle stars for her World War 11 service, more than any other Navy ship except for the carrier Enterprise.
In recognition of her battle record, Admiral Halsey designated the San Diego to be the first allied warship to enter Tokyo Bay at the war’s end.
That's a happy crew.
Thanks for the contributions, Viiksitimali.
It was interesting to read your posts today and see the songs that were the hits. I remember them well but the war articles were as new to me. I was 15 that summer. Perhaps as parallel to today that just shows the interests of teens. Music was all that mattered. In spite of discussions by our elders, the war, soon to visit us at Pearl Harbor, was very remote. I played baseball for the town, our coach/manager sang all the words of Maria Elena at every game. We knew the words to all the hits, today I would not even attempt that. Today it seems more solo dance than sing along, although the big band era was in full swing. Anyway thanks for all your efforts to highlight this era. A country that remembers the past is ready for the future.
Anxious Japanese on West Coast Form Long Lines at Bank Windows
................. From some forty Japanese vessels said to be hovering at sea awaiting developments before venturing into American ports, there was no word except form the Japanese luxury liner Tatuta Maru, which informed her office in port site would be in at 5am tomorrow with here $2,500,000 cargo of silk. Later ship line officials said they did not know what the vessel would do.
Part of this reason might be to take Japansese back to the homeland?
And thus, the die was cast for War in the Pacific.
I really enjoy these posts. Thank you.
-———Some papers examined at great length the effect that the threatened American embargoes would have on Japanese war efforts and came to the conclusion that they would hurt the United State with out being able to stop Japan. This is true, Yomiuri claimed, even in regard to oil because the United Sates long since had put high octane gasoline under license to that only low grade fuel was exported to Japan anyhow. And as for Japan's silk exports, the cessation of which to American be be expect to hit Japanese economy, this paper assert that those exports were made merely to pay for imports so that the embargoes would relieve Japan of necessity to export silk.
In the very recent posts it was Japan doing a communication black out and now we do trade embargo and freeze assets. Freezing assets is a major step toward war. But the die was cast, the only unknown was when and how we were going to war. This goes to show that embargoes don't really do much do they? Can anyone cite me when an embargo did work? But you have to do something..................
It means an end to Japan's great silk market in the United States unless Japan would be will to to ship this important product into an area where payments would be subjects to rigid licensing by an unfriendly government.
So far as silk is concerned, the United States suffers, but it is well known in Washington that the Army and Navy have been planning to use substitutes for silks, as in parachutes, wherever possible. This substitution's extent will be governed by the amount of stocks of silk that have been bought in anticipation of the new program.
Work for what?
If, like President Roosevelt, you are now desperate to get the US into the all-out war, then an embargo against an aggressive and hot-headed country like Japan could be a step in that direction.
But it was far from the only step FDR took.
Commander McCollum's Eight Action Plan included seven others -- all intended to poke and prod the excitable Japanese into some fatal "mistake."