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DECLASSIFIED
E. O. 11652, Sec. 3(E) and 5(D) or (E)
ARCHIVES
RECORDS
Dept. of State letter, Aug. 9, 1973
SERVICE
By NLT- He 9 NARS Date 9.8.76
*11-
currency transactions. The ECA mission at Rome had
recommended that Italian requests for allocations be
met to the extent possible with the understanding
that the Italiens would not carry out such imports.
24. An officer of ECA advised an officer of the
Danish Embassy in late August or early September that
ECA would finance a Danish deficit with Argentina
only if the Danes could secure essentially U.S. prices
on all imports from Argentina, whether sold for dollars
or for soft currencies or in exchange for Danish goods
priced above comparable U.S. goods.
25. A memorandum prepared in ECA on October 7,
1948 suggested that Norway, instead of accepting a
deficit in her trade with Argentina, should import
Argentine goods only in a quantity sufficient to
balance Norwegian exports, even though Norway as a
consequence would be obliged to import feeding stuffs
and grain (chiefly corn) from other sources.
26, Although the ECA Mission at Paris repeatedly
emphasized between June 10 and September 15 an urgent
and serious need that France obtain coarse grains for
delivery in October and if possible in September, ECA
advised the Inter-Departmental Grain Committee that
coarse grains would not be available from Argentina
in September or October and recommended that the FAO
make a large allocation of coarse grains to France for
delivery from the U.S. in the fourth quarter. In
August ECA had advised Paris that if necessary addi-
tional coarse grains other than corn might be provided
by
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"ocrText": "DECLASSIFIED\nE. O. 11652, Sec. 3(E) and 5(D) or (E)\nARCHIVES\nRECORDS\nDept. of State letter, Aug. 9, 1973\nSERVICE\nBy NLT- He 9 NARS Date 9.8.76\n*11-\ncurrency transactions. The ECA mission at Rome had\nrecommended that Italian requests for allocations be\nmet to the extent possible with the understanding\nthat the Italiens would not carry out such imports.\n24. An officer of ECA advised an officer of the\nDanish Embassy in late August or early September that\nECA would finance a Danish deficit with Argentina\nonly if the Danes could secure essentially U.S. prices\non all imports from Argentina, whether sold for dollars\nor for soft currencies or in exchange for Danish goods\npriced above comparable U.S. goods.\n25. A memorandum prepared in ECA on October 7,\n1948 suggested that Norway, instead of accepting a\ndeficit in her trade with Argentina, should import\nArgentine goods only in a quantity sufficient to\nbalance Norwegian exports, even though Norway as a\nconsequence would be obliged to import feeding stuffs\nand grain (chiefly corn) from other sources.\n26, Although the ECA Mission at Paris repeatedly\nemphasized between June 10 and September 15 an urgent\nand serious need that France obtain coarse grains for\ndelivery in October and if possible in September, ECA\nadvised the Inter-Departmental Grain Committee that\ncoarse grains would not be available from Argentina\nin September or October and recommended that the FAO\nmake a large allocation of coarse grains to France for\ndelivery from the U.S. in the fourth quarter. In\nAugust ECA had advised Paris that if necessary addi-\ntional coarse grains other than corn might be provided\nby"
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