File No. 841.51/70

The Assistant Secretary of the Treasury ( Crosby ) to the Secretary of State

Sir: On behalf of the Secretary of the Treasury, I beg to advise you that an advance of $85,000,000 has to-day been made to the British Government. This brings the total loaned to that Government to date to $770,000,000.

Very sincerely yours,

Oscar T. Crosby