86. Memorandum of a Telephone Conversation Between the Director of the Office of International Financial and Development Affairs (Corbett) and Alexander M. Rosenson of the Office of Regional American Affairs, Washington, April 27, 19561

SUBJECT

  • Eximbank Loans to Latin American Central Banks

Mr. Corbett called me in response to my follow-up to him yesterday on this subject.

He said he had spoken about it to Mr. Sauer. The latter had told him that there is a division in the Export-Import Bank Board on this matter, some of the Board members favoring the idea, others being opposed to it. The matter has been “kicked around” in an informal manner but up until now the pressure of other business has not permitted a full-fledged policy discussion. Mr. Corbett informed Mr. Sauer that the Department is still very much interested in this proposal. Mr. Sauer indicated that it had not been shelved and is still a live issue.

  1. Source: Department of State, Central Files, 820.14/4–2756. Official Use Only. Drafted by Rosenson.