860F.24/10–545: Telegram

The Acting Secretary of State to the Ambassador in Czechoslovakia ( Steinhardt )

291. From FEA and State. For your info in discussions with Czechs here on Eximbank cotton financing Deptel 278, Oct 3, Dept indicated its concern over treatment of American property in Czechoslovakia and trend of events there and that financial assistance beyond the present credit might not be very extensive unless Czechoslovakia was prepared after reasonable transition period to avoid discrimination in trade and investment and to accord American nationals as [Page 554] favorable treatment as that accorded nationals of any other country and that Czechoslovakia should refrain from use of exchange control as an instrument of discriminatory commercial policy. [FEA and State.]