834.51/9–1545: Telegram

The Acting Secretary of State to the Ambassador in Paraguay ( Beaulac )

307. Loans for purpose suggested urtel 476, Sep 15 are not as matter of policy granted by Eximbank. Only under unusual circumstances does Bank grant loans to defray local currency costs. Loan requests for like purposes have recently been denied to other American republics. Bank is therefore unwilling to consider request under reference for Bank of Paraguay.