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OCR Page 1 of 281EMBASSY OF GUATEMALA
Washington, D. C.
1831
No. V-
CLAS. P-1
December 5th., 1961.
Mr. Drew Pearson,
1313 - 29th. Street, N. W.,
WASHINGTON, D. C.
Dear Mr. Pearson:
First of all, I want to thank you very much for your kind - -
invitation to lunch at the Cosmos Club, which gave me the opportu-
nity not only to know you personally but to exchange points of view -
on matters concerning your and my country.
I
thought it advisable to send you some information concern-
ing the projects which my Government has presented to different -
-
institutions in Washington, D. C., for the procurement of financial -
assistance to make them a reality.
The lists I am enclosing pertain, the first one to the different
projects and the amounts of same presented to the Inter-American -
Development Bank, the Agency for International Development and the
Credit Commodity Corporation. My Government has given priority -
to the five projects presented to the Inter-American Development --
Bank, which total $33, 300, 000. 00. The total amount of projects - -
presented to the Bank is a little over $80,000,000.00. (Annex #1).
The second list pertains to the projects of law presented to -
the National Congress of Guatemala, and as you will see some of --
those have been already approved (Rent Law, FHA and the one concern-
ing Income Tax has been approved in its third reading). You can notice
also that the Government of Guatemala is striving very hard to put into
effect many and very important social reforms, which undoubtedly will
benefit the people of Guatemala. (Annex #2).
Very important to mention is also the fact that the Government
of Guatemala has distributed over 20, 000 land-titles to peasants in the
country, land that
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