837.51/2957

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

No. 2586

The Secretary of State refers to the Embassy’s 5025 of November 4, 194318 referring to a credit of $300,000 made available to the Cuban National Development Commission by the Export-Import Bank for the rehabilitation of the telegraph and telephone system of the Cuban Government.

The credit under reference is included in the Attached list of projects approved by the Export-Import Bank, totaling $23,757,230.78.

[See the enclosure printed on facing page.]

[Page [257]]
[Enclosure]

Credit File #294

Republic of Cuba

Proj. No. Description Approvals Final Approvals
1 Central Highway Jan. 7, 1943 $6,080,254.26
July 31, 1943 1,357,890.47 $7,438,144.73
2 Santiago Jan. 6, 1943 3,247,797.76
Nov. 10, 1943 219,066.12 3,466,863.88
3 Guantánamo Jan. 7, 1943 2,964,004.59 2,964,004.59
4 Rio Buey Feb. 10, 1943 319,067.01 319,067.01
5 Refrigerated Warehouses (see letter of Nov.12 to Molins Pi19) Feb. 11, 1943 1,566,200.00
Apr. 13, 1943 reduced to:
Bldgs. 792,350.57
Eqpmt. 682,000.00
Land   4,800.00
1,479,150.57 1,479,150.57
6 Agricultural Machinery June 5, 1943 300,000.00 300,000.00
7 Tributary Roads May 20, 1943 7,450,000.00 7,450,000.00
8 Country Roads Aug. 21, 1943 40,000.00 40,000.00
9 Telegraph Equipment Sep. 29, 1943 300,000.00   300,000.00
$23,757,230.78
  1. Not printed.
  2. Not found in Department files.