Office of the Historian

860D.51/445: Telegram

The Minister in Finland (Schoenfeld) to the Secretary of State

Helsinki, April 10, 1940—4 p.m.
[Received April 10—1:08 p.m.]

186. Tanner, Minister of Supply, told me today that much larger credits than those now available to Finland in the United States would be required in 2 or 3 months for essential food supplies and industrial raw materials in order to carry this country through next winter. Alluding to recent soundings by the Finnish Minister at Washington regarding possible loan of $100,000,000 he said that this amount in addition to money already loaned21 would be the minimum required.

Schoenfeld
  1. Money already loaned through the Export-Import Bank of Washington amounted to $30,000,000. Of this, $10,000,000 was represented by the loan announced on December 10, 1939, and $20,000,000 additional, following the approval on March 2, 1940, of the act increasing the lending authority of the Export-Import Bank (54 Stat. 38).↩