Memorandum from Acting Secretary of State Dean Acheson to President Harry S. Truman, with Attachment
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DEPARTMENT OF STATE
FOR THE PRESS
JANUARY 11, 1946
No. 24
CONFIDENITIAL
FUTURE RELEASE
"NATIONAL
ARCHIVES AND
NOTE DATE
RECORDS
SERVICE*
CONE IDENTIAL RELEASE FOR PUBLICATION IN THE MORNING NEWSPAPERS
OF SATURDAY, JANUARY 12, 1946, WHICH DO NOT APPEAR ON
THE STREETS BEFORE 9:00 P.M., E.S.I., FRIDAY,
JANUARY 11, 1946. NOT TO BE PREVIOUSLY PUBLISHED,
QUOTED FROM OR USED IN ANY WAY.
In informing the Greek authorities of the approval by the
Export-Import Bank of a $25 million loan to the Greek Govern-
ment, the American Ambassador in Athens is presenting to the
Greek Foreign Office today, January 12, the following note:
The United States Government acknowledges receipt of
the letter addressed by Mr. Tsouderos to the Ambassador
of the United States in Athens, submitting suggestions
for economic aid to Greece.
The United States Government is mindful of the
important contributions made by Greece to the successful
conclusion of the war and sympathetically aware of the
tremendous devastation visited on Greece during the period
of hostilities. In the face of overwhelming odds Greece
exhibited a courage in resistance which served as an
example to the liberators who eventually were able to
release Europe from enemy domination. The relief provided
to Greece through military liaison and the current opera-
tions of UNRRA is an effort on the part of the United
States along with other Allied countries to demonstrate
their grateful recognition of the tremendous sacrifices
Greece has made. Further assistance toward reconstrution
will be afforded through a $25 million Export-Import Bank
loan. By means of this loan Greece will be able to
acquire certain essential supplies and equipment.
There is a danger, which should not be ignored, that
I
if energetic steps are not taken to improve the present
internal economic situation, the assistance from the
United States will not produce the lasting benefits that
are hoped for. An immediate improvement in the economic
situation in Greece should create an atmosphere favorable
to the successful holding of national elections. Elections
accurately reflecting the wishes of the Greek people
should bring about an improved political situation which
should contribute substantially to long-run economic
recovery and to future stability.
The severe difficulties which Greece has encountered
since liberation can be traced in large part to the
self-sacrificing
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"ocrText": "DEPARTMENT OF STATE\nFOR THE PRESS\nJANUARY 11, 1946\nNo. 24\nCONFIDENITIAL\nFUTURE RELEASE\n\"NATIONAL\nARCHIVES AND\nNOTE DATE\nRECORDS\nSERVICE*\nCONE IDENTIAL RELEASE FOR PUBLICATION IN THE MORNING NEWSPAPERS\nOF SATURDAY, JANUARY 12, 1946, WHICH DO NOT APPEAR ON\nTHE STREETS BEFORE 9:00 P.M., E.S.I., FRIDAY,\nJANUARY 11, 1946. NOT TO BE PREVIOUSLY PUBLISHED,\nQUOTED FROM OR USED IN ANY WAY.\nIn informing the Greek authorities of the approval by the\nExport-Import Bank of a $25 million loan to the Greek Govern-\nment, the American Ambassador in Athens is presenting to the\nGreek Foreign Office today, January 12, the following note:\nThe United States Government acknowledges receipt of\nthe letter addressed by Mr. Tsouderos to the Ambassador\nof the United States in Athens, submitting suggestions\nfor economic aid to Greece.\nThe United States Government is mindful of the\nimportant contributions made by Greece to the successful\nconclusion of the war and sympathetically aware of the\ntremendous devastation visited on Greece during the period\nof hostilities. In the face of overwhelming odds Greece\nexhibited a courage in resistance which served as an\nexample to the liberators who eventually were able to\nrelease Europe from enemy domination. The relief provided\nto Greece through military liaison and the current opera-\ntions of UNRRA is an effort on the part of the United\nStates along with other Allied countries to demonstrate\ntheir grateful recognition of the tremendous sacrifices\nGreece has made. Further assistance toward reconstrution\nwill be afforded through a $25 million Export-Import Bank\nloan. By means of this loan Greece will be able to\nacquire certain essential supplies and equipment.\nThere is a danger, which should not be ignored, that\nI\nif energetic steps are not taken to improve the present\ninternal economic situation, the assistance from the\nUnited States will not produce the lasting benefits that\nare hoped for. An immediate improvement in the economic\nsituation in Greece should create an atmosphere favorable\nto the successful holding of national elections. Elections\naccurately reflecting the wishes of the Greek people\nshould bring about an improved political situation which\nshould contribute substantially to long-run economic\nrecovery and to future stability.\nThe severe difficulties which Greece has encountered\nsince liberation can be traced in large part to the\nself-sacrificing"
}