861.24/6–1346

Memorandum by the Under Secretary of State (Acheson) to Thomas B. McCabe, Special Assistant to the Secretary of State and Foreign Liquidation Commissioner

I have your letter of June 1334 in which you state that you are now prepared to negotiate further the terms of the agreement with the Soviet Government covering the $100,000,000 credit for the purchase of surplus property and request advice as to the course to pursue. It is my understanding that you are now ready to make counter proposals to the terms suggested by the Soviet representatives on April 13.

I believe it would be in order for you to proceed with these negotiations and to make the counter proposal which you have in mind.

If the Department can be of assistance in any respect in connection with these negotiations, please do not hesitate to call upon the appropriate officers.

  1. Not printed.