890F.51/12–145: Telegram

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

2221. From Eddy. Strongly urge earliest possible conclusion of Eximbank loan arrangements with Saudi Govt to permit early procurement of basic commodities for 1946. Delay may mean gap of weeks or months after consumption of 1945 provisions before purchases under loan can arrive. Procurement, shipping and banking formalities will require much time in any case. Stability of Saudi economy admits of no prolonged gap in arrival of food and other necessities.

In view of current distrust of US Near East policy early conclusion of loan is urgent for political reasons also.39 [Eddy.]

Tuck
  1. In telegram 2235, December 5, 1945, 6 p.m., to Cairo, the Department agreed with the viewpoint expressed in 2221 and stated that it “is continuing to press Eximbank. Difficulty is that Bank cannot act before its new board is fully instituted. There are several other important loans new board must consider but Dept is hopeful for action Saudi loan by Dec 15.” (890F.51/12–145)