http://www.onwar.com/chrono/1940/mar40/f11mar40.htm
French gold sent to Canada
Monday, March 11, 1940 www.onwar.com
In the Mediterranean... The French battleship Bretagne and cruiser Algerie set sail from Toulon for Canada carrying a shipment of gold (2,379 bars).
In Moscow... The final terms of the armistice between the USSR and Finland are concluded. Finland is to give up the whole of the Karelian Isthmus, including Viipuri, territory in the “waist” of the country near Salla, and Rybachiy Peninsula near Murmansk and is to grant a lease on the port of Hango to the Soviets. Petsamo is returned to the Finns. When the recent Soviet military successes are taken into account these terms can be described as fairly moderate.
In the North Sea... An RAF Blenheim sinks the U-boat U-31 off Borkum.
In Paris... In a final bid to prevent the Finns agreeing to an armistice Chamberlain and Daladier announce that Britain and France will send help to Finland. The plan to do so is shelved when the Finns conclude their agreement with the Soviets and with it is abandoned the scheme to block the supply of Swedish iron ore to Germany.
In Germany... RAF Blenheim bombers attack and sink U-31 in port at Schillig Roads, in northwest Germany. The submarine is subsequently raised and re-commissioned and later sunk again (see November 2, 1940).
In London... US envoy, Sumner Welles, meets the king and discusses possible peace and mediation condition terms with Chamberlain and Halifax.
In Britain... Meat rationing begins with a restriction of 1s 10d (9 pence) worth of meat per person per week.
In the United States... The government lifts its arms embargo to allow Britain and France to buy some P40 fighter planes.