894.50/3–1747
Memorandum by the Assistant Secretary of State (Hilldring) to the United States Member of the Far Eastern Commission (McCoy)
With reference to the directive of March 5, 1947, Serial No. 70, to the Supreme Commander for the Allied Powers61 regarding Short Period Controls over the Japanese Economy to Relieve World Shortages, the United States Member of the Far Eastern Commission is informed that the following message, dated March 13, 1947, has been received from the Supreme Commander for the Allied Powers:
“Receipt is acknowledged of directive to implement Far Eastern Commission policy adopted 27 February 1947. All features of this policy have been anticipated and are in effect at the present time. Although in the instant case figures quoted are within the limitations of accomplishment it is believed that quantitative limitations expressed in Far Eastern policy should be
- (1)
- avoided in policy covering overall operation, or
- (2)
- carefully verified with SCAP to evaluate ability to meet the figures set and the probable effects upon Japan.”