Ask the Scholar

Page 23 of 52
I can add historical knowledge about this page.

Page image

Page 23

OCR

SECRET 19 Imports from the US in 1947 rose more than 74 percent by value over 1946, while imports from the UK increased 70.5 percent. Continental Portugal: Percentage Distribution of Imports by Country (Escudo Value basis) Source 1938 1944 1945 1946 1947 US 11.6 12.1 19.2 25.0 31.6 UK 17.0 11.0 10.9 13.7 17.5 Switzerland 2.0 5.7 7.3 5.1 4.0 Sweden 1.6 5.5 4.1 4.5 3.2 Curacao 6.3 5.7 4.0 2.5 Benelux 6.7 .2 .1 3.8 6.0 Germany 16.8 8.0 .3 .5 .5 France 6.1 .5 .9 2.9 4.9 Portuguese Colonies 10.1 18.9 18.6 15.2 7.9 Spain .6 4.5 3.9 2.7 1.5 Others 27.5 27.3 29.0 22.6 20.4 100.0 100.0 100.0 100.0 100.0 Continental Portugal: Imports by Principal Commodities 1 1938 1946 1947 1948-49 2 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 Machinery, vehicles, MT dollars MT dollars MT dollars MT dollars and ships 22 14,842 91 51,977 75 84,508 n.a. 76,713 Coal 1,148 7,688 586 12,892 914 19,194 1,266 16,420 Iron and steel 109 6,771 154 17,451 163 25,358 195 29,014 Grains 174 6,643 287 23,218 295 28,755 331 26,120 Cotton (raw) 28 6,161 40 17,410 26 12,080 29 15,545 Codfish 43 5,007 17 6,974 28 11,770 n.a. n.a. P.O.L. 196 4,583 359 17,127 717 18,897 675 19,599 Sugar 70 3,580 76 5,022 101 12,361 80 n.a. Oilseeds 61 2,802 65 5,208 61 5,671 n.a. n.a. Nitrogenous fertilizers 71 2,439 62 4,159 49 3,449 20 3 5,000 Rock phosphates 127 707 251 4,608 170 2,826 200 2,150 All others 40,627 108,314 153,611 n.a. Total 101,830 274,360 378,480 325,748 1 Includes imports from Portuguese colonies. 2 Portuguese program, as revised by OEEC. 3 Tons of nitrogen. Source: Portugal-Instituto Nacional de Estatistica, Comercio Externo and Portuguese 1948/49 Annual Program. Coal figures for 1946 and 1947 obtained from ECE Coal Committee. There were unprecedented import surpluses million by December 1948. Gold holdings in 1946, 1947 and 1948, resulting in a decline dropped from $376 million in July 1947 to in total official gold and foreign exchange about $165 million as of June 1949, of which holdings from the equivalent of about $750 $140 million must be held as a legal reserve million at the end of 1946 to approximately against the money supply. In order to con- $525 million as of December 1948. Official serve the dwindling supply of gold and foreign and private dollar holdings totaled only $39 exchange, the government imposed import SECRET

Page data

Page
23
Source index
0
Type
photo
Media ID
e6e1798c1860e618
Size
unknown

Document data

ID
486500738
Core
doc
Type
document
DTO data
{
    "id": "486500738",
    "sourceUrl": "https://catalog.archives.gov/id/486500738",
    "contentType": "document",
    "title": "Report, Central Intelligence Agency, Portugal, Situation Report 31",
    "citationUrl": "https://catalog.archives.gov/id/486500738",
    "collections": [
        "President's Secretary's Files (Truman Administration)",
        "Intelligence Files"
    ],
    "iiifBase": "https://s3.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/truman/hst-psf/602196/875512/875512-02-001.tif",
    "thumbnailUrl": "https://s3.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/truman/hst-psf/602196/875512/875512-02-001.tif",
    "largeImageUrl": "https://s3.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/truman/hst-psf/602196/875512/875512-02-001.tif",
    "imageCount": 52,
    "hasImages": true,
    "source": "import",
    "hasTranscription": false
}

Context sent to Scholar

Document identity
{
    "localId": "486500738",
    "label": "Report, Central Intelligence Agency, Portugal, Situation Report 31",
    "core": "doc",
    "dtoType": "document",
    "citationUrl": "https://catalog.archives.gov/id/486500738"
}
Document source metadata
{
    "id": "486500738",
    "sourceUrl": "https://catalog.archives.gov/id/486500738",
    "contentType": "document",
    "title": "Report, Central Intelligence Agency, Portugal, Situation Report 31",
    "citationUrl": "https://catalog.archives.gov/id/486500738",
    "collections": [
        "President's Secretary's Files (Truman Administration)",
        "Intelligence Files"
    ],
    "iiifBase": "https://s3.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/truman/hst-psf/602196/875512/875512-02-001.tif",
    "thumbnailUrl": "https://s3.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/truman/hst-psf/602196/875512/875512-02-001.tif",
    "largeImageUrl": "https://s3.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/truman/hst-psf/602196/875512/875512-02-001.tif",
    "imageCount": 52,
    "hasImages": true,
    "source": "import",
    "hasTranscription": false
}
Document source extras
{
    "url": "https://catalog.archives.gov/id/486500738",
    "naId": 486500738,
    "levelOfDescription": "item",
    "productionDates": [
        {
            "day": 13,
            "logicalDate": "1949-10-13",
            "month": 10,
            "year": 1949
        }
    ],
    "recordType": "description",
    "ocrSource": "nara-archive"
}
Page context
{
    "seq": 23,
    "pageIndex": 0,
    "type": "photo",
    "url": "https://s3.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/truman/hst-psf/602196/875512/875512-02-023.tif",
    "mediaId": "e6e1798c1860e618",
    "ocrText": "SECRET\n19\nImports from the US in 1947 rose more than 74 percent by value over 1946, while imports\nfrom the UK increased 70.5 percent.\nContinental Portugal: Percentage Distribution of Imports by Country\n(Escudo Value basis)\nSource\n1938\n1944\n1945\n1946\n1947\nUS\n11.6\n12.1\n19.2\n25.0\n31.6\nUK\n17.0\n11.0\n10.9\n13.7\n17.5\nSwitzerland\n2.0\n5.7\n7.3\n5.1\n4.0\nSweden\n1.6\n5.5\n4.1\n4.5\n3.2\nCuracao\n6.3\n5.7\n4.0\n2.5\nBenelux\n6.7\n.2\n.1\n3.8\n6.0\nGermany\n16.8\n8.0\n.3\n.5\n.5\nFrance\n6.1\n.5\n.9\n2.9\n4.9\nPortuguese Colonies\n10.1\n18.9\n18.6\n15.2\n7.9\nSpain\n.6\n4.5\n3.9\n2.7\n1.5\nOthers\n27.5\n27.3\n29.0\n22.6\n20.4\n100.0\n100.0\n100.0\n100.0\n100.0\nContinental Portugal: Imports by Principal Commodities 1\n1938\n1946\n1947\n1948-49 2\n1,000\n1,000\n1,000\n1,000\n1,000\n1,000\n1,000\n1,000\nMachinery, vehicles,\nMT\ndollars\nMT\ndollars\nMT\ndollars\nMT\ndollars\nand ships\n22\n14,842\n91\n51,977\n75\n84,508\nn.a.\n76,713\nCoal\n1,148\n7,688\n586\n12,892\n914\n19,194\n1,266\n16,420\nIron and steel\n109\n6,771\n154\n17,451\n163\n25,358\n195\n29,014\nGrains\n174\n6,643\n287\n23,218\n295\n28,755\n331\n26,120\nCotton (raw)\n28\n6,161\n40\n17,410\n26\n12,080\n29\n15,545\nCodfish\n43\n5,007\n17\n6,974\n28\n11,770\nn.a.\nn.a.\nP.O.L.\n196\n4,583\n359\n17,127\n717\n18,897\n675\n19,599\nSugar\n70\n3,580\n76\n5,022\n101\n12,361\n80\nn.a.\nOilseeds\n61\n2,802\n65\n5,208\n61\n5,671\nn.a.\nn.a.\nNitrogenous fertilizers\n71\n2,439\n62\n4,159\n49\n3,449\n20 3\n5,000\nRock phosphates\n127\n707\n251\n4,608\n170\n2,826\n200\n2,150\nAll others\n40,627\n108,314\n153,611\nn.a.\nTotal\n101,830\n274,360\n378,480\n325,748\n1 Includes imports from Portuguese colonies.\n2 Portuguese program, as revised by OEEC.\n3 Tons of nitrogen.\nSource: Portugal-Instituto Nacional de Estatistica, Comercio Externo and Portuguese 1948/49 Annual\nProgram. Coal figures for 1946 and 1947 obtained from ECE Coal Committee.\nThere were unprecedented import surpluses\nmillion by December 1948. Gold holdings\nin 1946, 1947 and 1948, resulting in a decline\ndropped from $376 million in July 1947 to\nin total official gold and foreign exchange\nabout $165 million as of June 1949, of which\nholdings from the equivalent of about $750\n$140 million must be held as a legal reserve\nmillion at the end of 1946 to approximately\nagainst the money supply. In order to con-\n$525 million as of December 1948. Official\nserve the dwindling supply of gold and foreign\nand private dollar holdings totaled only $39\nexchange, the government imposed import\nSECRET"
}