890F.24/5–845: Telegram

The Minister in Saudi Arabia ( Eddy ) to the Secretary of State

197. ReDepts No. 125, April 27, 6 p.m., paragraph 4. British Minister told me yesterday he has recommended British Government [Page 893] maintain parity in 1945 supply program by raising its limit by an additional 375,000 pounds but he fears British Treasury will oppose. I believe he is sincere in regretting influence of Jordan’s policy.

He also told me Saudi Government has requested loan of 500,000 pounds sterling from Gellatly-Hankey99 who are in a tight spot. Foreign Office refuses to mix in the affair or to advise Gellatly-Hankey either way. Failing to receive to date any assurance of total subsidy for 1945 or of cereals needed, Saudi Government is seeking funds wherever it can and is not in good mood.

Eddy
  1. Gellatly, Hankey amp; Co., a British firm which served as banking agent for the Saudi Arabian Government.