891.51/525: Telegram
The Chargé in Iran ( Engert ) to the Secretary of State
Tehran
, December 6, 1939—3
p.m.
[Received 10:15 p.m.]
[Received 10:15 p.m.]
155. Legation’s 149, November 24, 9 a.m. Minister of Finance now states that the Iranian Government is seeking a loan of 40 or 50 million dollars in the United States and he requests the Department’s assistance. Loan is to be authorized by Medjliss and guaranteed by oil royalties. Amortization to take place within 10 years. About half of the loan to be spent in the United States on the basis of competitive bids for rails, locomotives and other rolling stock, airplanes and military supplies.
Engert