Office of the Historian

891.51/525: Telegram

The Secretary of State to the Chargé in Iran (Engert)

Washington, December 18, 1939—4 p.m.

67. Your 155, December 6, 3 p.m. As you were informed through the Department’s instructions 467, 468 and 470,18 the competent agencies [Page 543] of this Government, after carefully considering the Iranian Chargé’s inquiries last September as to possibility of obtaining a $15,000,000 loan, did not find it in their competence to make such a loan; nor have they the available funds. The Iranian Government, of course, enjoys free access to unofficial sources of credit in this country but the attitude of the latter depends on their own judgment of financial conditions. The Department is informing the appropriate agencies of this Government of the contents of your telegram under acknowledgment for their further consideration.

Hull
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