811.516 Export Import, Bank/10–1846: Telegram

The Secretary of State to the Ambassador in Brazil ( Pawley )

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1364. For Martin6 from Gaston.7 October 16 Board meeting approved $5,000,000 favor Chilean State Railways and approved reduced commitment $5,350,000 Fomento.

Interest both Chilean commitments 3½ percent 5-year term Railways 10-year term Fomento. Approved loan to Canadian Viscose Ltd for $5,700,000 interest 4 percent. Decisions on Taca and Netherlands refunding still pending. [Gaston.]

Byrnes
  1. William M. Martin, Chairman of the Board, Export-Import Bank.
  2. Herbert E. Gaston, Vice Chairman of the Board, Export-Import Bank.