Foreign Relations of the United States, 1946, The Far East, Volume VIII

856E.51/9–646: Telegram

The Acting Secretary of State to the Consul General at Batavia (Foote)

secret

Washington, October 1, 1946—6 p.m.

306. Netherlands East Indies credits (Contel 650 [Airgram 16?], Aug. 6¹⁶) are as follows:

(a) $100 million Eximbank credit for US machinery, equipment, materials, supplies and services, approved by NAC Sept. 1945, but not concluded pending clarification of NEI political situation and, for your information only, satisfactory exchange of notes on commercial policy.

(b) $100 million surplus property credit signed July 11, 1946 to be used prior to Jan. 1, 1948.

(c) US Comml Credit Corp. book credit of $15 million signed Aug. 15, 1946 as part of copra contract for the purchase in US of incentive goods, including textiles, trade goods, supplies, services, and equipment.

(d) Request of Aug. 6, 1946 for $2,500,000 credit from War Assets Corp. for domestic surplus property now being considered.

No loans or negotiations with private banking institutions known.

Acheson

16. Not printed.