890F.515/27: Telegram

The Secretary of State to the Minister in Egypt (Kirk)

1227. Your 1474 August 17, 4 p.m. From Treasury for Gunter.

1)
Treasury is now prepared to lend-lease about 5 million ounces of silver to Saudi Arabia which is what is needed to meet the coinage needs for the rest of 1943.
2)
It is hoped that we can arrange to have minted in India at least the 8 million riyals necessary for the pilgrimage.
3)
The lend-lease contract will be sent you in Cairo.
4)
A formal request for the lend-lease of the silver should be prepared by you and may be presented for the King to sign in Saudi Arabia and the lend-lease contract may also be presented for his signature immediately after the signature of the request. Procedure previously suggested to be replaced by this procedure.
5)
Saudi Arabia must bear the cost of minting the riyals and the King should be so informed.
6)
Repeat to Jidda as No. 57. [Treasury.]
Hull