865.51/4–146: Telegram

The Acting Secretary of State to the Chargé in Italy (Key)

745. Eximbank announcing to press for immediate release signing of Eximbank cotton credit of $25,000,000 for Italy.

In making announcement of signing of loan agreement with Italian banks, officials of Eximbank emphasized credit will not become operative until signed documents have been returned to US and found in [Page 902] good order.37 Further announcement of details of credit will be made at that time.

  1. The signed documents were delivered to the Department of State with Ambassador Tarchiani’s note No. 6045 of May 28, not printed.