800.51W89 U.S.S.R./55: Telegram
The Secretary of State to the Ambassador in the Soviet Union (Bullitt)
80. Your 84, May 16, 1 p.m. Your question No. 4 is not clear to the Department. It may be said that it is contemplated that the Bank will assist in financing a sufficient volume of transactions in the 20-year period to produce out of additional interest amount of money necessary to repay agreed indebtedness and interest thereon. The aggregate amount of the credits which will be facilitated or approved by the Bank during that period will probably exceed double the amount of the agreed indebtedness. See paragraph 4 in Department’s 72, May 11, 6 p.m. Bank can not specify in advance what percentage of credit in any given transaction exporter will not be expected to carry.