The Ambassador of the Soviet Union ( Panyushkin ) to the Assistant Secretary of State for Economic Affairs ( Thorp )
Sir: I have the honor to inform you of the agreement of the Soviet Government to acquire the 36 dry-cargo vessels of wartime construction which it received under lend-lease, at prices announced by the American side on June 25, 1947.
The Soviet Government also agrees to effect payment of the cost of these vessels on conditions established by the Act of March 8, 1946.
At the same time it would be desirable to receive from you a report concerning the sale price of the two tugs of wartime construction received by the Soviet Government under lend-lease.
I should be grateful to you for a speedy reply to the foregoing questions.