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{
    "localId": "750243",
    "label": "Foreign Affairs File, 1940-1953: China: \"Documents on Diplomatic Aspects of Efforts by the United States to Supply China with Materials of War under the Lend-Lease Act, 1940-47\": Part I: 1940 - 1941",
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    "id": "750243",
    "sourceUrl": "https://catalog.archives.gov/id/750243",
    "contentType": "document",
    "title": "Foreign Affairs File, 1940-1953: China: \"Documents on Diplomatic Aspects of Efforts by the United States to Supply China with Materials of War under the Lend-Lease Act, 1940-47\": Part I: 1940 - 1941",
    "citationUrl": "https://catalog.archives.gov/id/750243",
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        "President's Secretary's Files (Truman Administration)",
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{
    "seq": 81,
    "pageIndex": 0,
    "type": "photo",
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    "ocrText": "73\nyor\n-6-\nWith regard to the suggestion that freight charges\nmight be reduced by shipping oil to China from the Nether-\nland East Indies rather than from the United States, the\nquestion arises whether the saving in freight rates which\nmight be effected thereby would be worth the possible\nfinal cost of such a course of action. Since the military\noccupation of the Netherlands by Germany in May 1940, the\nNetherland East Indies have been subject to strong economic\npressure from Japan, which has been seeking to free itself\nfrom dependence upon American oil markets by obtaining from\nthe Netherland East Indies larger supplies of oil. It is\nunderstood that the oil companies in the Netherland East\nIndies, while agreeing to increase the quantity of oil\nexported to Japan, have successfully declined to comply\nfully with the Japanese demands. If large quantities of\noil were now to be sent to China from the Netherland East\nIndies while Japanese demands were refused, the possible\nadverse effects upon the security of the Netherland East\nIndies and upon the stability of the Far Eastern situation\nas a whole would have to be considered.\nReference is made in the letter to China's alleged\nfailure to meet indebtedness in the past. Although, as\nthe President indicated at his press conference on December\n17, 1940, one of the objects of the extension of aid upon\na lend-lease basis was to eliminate the \"dollar sign\" from\nthe transaction, and although it had not been understood\nthat the repayment of past indebtedness was a prerequisite\nfor obtaining such aid, it may be of interest to note China's\nrecord for the repayment of foreign obligations. With regard\n: ARCHIVES \"NATIONAL SERVICE\" RECORDS AND 1"
}