821.51/2636a: Telegram
The Acting Secretary of State to the Ambassador in Colombia (Braden)
Washington, July 25,
1941—4 p.m.
208. An agreement was signed July 23 between the Colombian Ambassador and the Export-Import Bank establishing a line of credit not in excess of $12,000,000 in favor of the Republic of Colombia. Sums drawn against this line of credit will bear 4% interest and must be amortized on a semi-annual basis within 12 years. The credit may be availed of at any time up to December 31, 1945.
[Page 73]The Department will send you by air mail pouch a full copy of the agreement between the Colombian Government and the Export-Import Bank.
Welles