File No. 800.51/23

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

The total of loans and credits to date is now as follows:

Loans to Foreign Governments

(Acts of April 24, 1917, and September 24, 1917)

Country Loans and credits agreed upon Loans made Balances under established credits
Great Britain $1,345,000,000 $1,345,000,000
France 770,000,000 770,000,000
Italy 255,000,000 255,000,000
Russia 100,000,000 40,000,000 $60,000,000
Russia 75,000,000 50,000,000 25,000,000
Russia 100,000,000 64,700,000 35,300,000
Russia 50,00,000 50,00,000 50,00,000
Belgium 45,000,000 37,500,000 7,500,000
Belgium 10,500,000 9,500,000 1,000,000
Belgium 2,900,000 2,900,000
Serbia 3,000,000 1,500,000 1,500,000
Totals 2,756,400,000 2,573,200,000 183,200,000
[
Oscar T. Crosby
]