893.51/5–846: Telegram
The Acting Secretary of State to the Consul General at Shanghai (Davis)
Washington, May 8, 1946—5
p.m.
785. For Calder or Dawson. Officials Chinese Supply Commission request of Eximbank additional credit of $7,000,000 for purchase of [Page 984] cotton. Recent purchases in the United States by Commission under $33,000,000 cotton credit amount to $6,670,000. Is entire $33,000,000 required to finance cotton shipped to Shanghai on consignment or cash on arrival and unpaid plus estimated unpaid cotton afloat? Eximbank requests recent data and your opinion. Early reply appreciated. Repeat to Nanking.
Acheson