Foreign Relations of the United States, 1952–1954, The American Republics, Volume IV

MID files, lot 58 D 18

Memorandum by John W. Fisher of the Office of Middle American Affairs¹

confidential

undated

Balance Sheet—December 31, 1954

guatemala

Guatemala Wants:

1. Faster implementation of economic and technical assistance promised by U.S.

2. Grant of 12,000 metric tons of corn to relieve shortage.

3. Cash assistance to get Inter-American Highway work accelerated pending reimbursement from U.S. funds.

4. Reimbursement for services of Elmer Batzell, petroleum adviser contracted by Guatemalan Government.

5. Renegotiation of U.S.-Guatemalan Trade Agreement.

6. A Bilateral Military Assistance Agreement with the U.S.

United States Wants:

1. Acceptance of sound advice in fiscal and development policy.

2. Coordination of technical advice received from U.S. and that received from Venezuela (petroleum), IBRD and IMF (financial and economic development), and any other non-U.S. sources.

3. Encouragement by Guatemala of repatriation of its own private capital abroad.

4. Discussion of an Investment Guarantee Treaty with the U.S.

5. Conclusion of Air and Military Mission Agreements.

1. There is no indication of a drafting date on the source text.