837.24/618b: Telegram

The Secretary of State to the Ambassador in Cuba ( Messersmith )

263. The Navy Department has agreed to increase to $3,700,000 the amount of naval matériel to be delivered to Cuba under the proposed lend-lease arrangement; of this $300,000 can be delivered during the next 12 months. The War Department has agreed to increase to $3,500,000, the amount of military matériel to be delivered; of this $1,000,000 would be made available during the next 12 months. The Cuban [Page 122] Government will be expected to repay a total of $4,200,000 at the rate of $700,000 a year for 6 years. The Cuban Ambassador has been informed.

Hull