825.51/9–1046
Memorandum by Mr. Louis Lister of the Minerals Section, Division of International Resources, to the Chief of the Division ( Lipkowitz )
[
Washington
,] September 10, 1946.
Mr. Stenger,94 ED, has given me the following information regarding Chile’s request for an Eximbank loan. The request is for a $40,000,000 loan, half of which is to be allocated to the Fomento Corp. and the other half to the Chilean State Railways. The funds are allocated to the following groups of industries:
| Fomento Corp. | Millions of Dollars | ||
| Hydroelectric | 5.5 | ||
| Petroleum Explorations | 5.0 | ||
| Agricultural Machinery Plants | 3.2 | ||
| Wood & Lumber Projects | 3.4 | ||
| Transportation | 3.6 | ||
| Copper Manufacturers | 0.6 | ||
| Cement Manufactures | 0.5 | ||
| Fish Industry | 0.5 | ||
| Total | 22.3 | ||
| Chilean State Railways | |||
| Rolling Stock | 5.00 | ||
| Electrification | 16.25 | ||
| Total | 21.25 | ||
| Grand Total | 43.55* |
The request is currently before the NAC, which, according to Mr. Stenger, has not yet taken any action.