812.51/12–1547: Airgram
The Acting Secretary of State to the Embassy in Mexico
restricted
Washington, December 15,
1947.
A–917. On December 10, 1947 Board of Directors of the Eximbank approved a credit of $12 million in favor of Nacional Financiera (under the $50 million commitment) to finance 25 percent of expenditures made by Mexico on the Nogales–Guadalajara highway subsequent to January 1, 1948, under contracts let as a result of competitive bidding open to U.S. as well as Mexican contractors.…
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Lovett