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75-1 3TO FE to TELEGRAM RECEIVED FAI FMH Chungling via N.R. This telegram must be A closely paraphrased be- Dated April 5, 1943 fore being communicated FROM to anyone. (SC) Rec'd 11:38 a.m. Division of SEcretary of State, FAR EISTERN AFFMES Washington. Nilso BS Department of State 492, April 5, noon (3ECTION on2) 893.24 150204 Department's 313, Warch 5, 6 Delle OnE. Army authorities have hended me copy of draft reverse Lend-Lease agreement. They have discussed matter with me and shown me General Stilwell's tele- gram to Var Department It is assumed that War Department has made substanc E of the telegrom available to the Department. Stilwell and other army officers here are not favorably ingressed by proposed agreement although Stilwell does not reject it. He states that in its present form it will have little EffEct on situation and that only an agreement which provides a realistic rate of Exchange will obtnin practical = ARCHIVES **NATIONAL SERVICE" RECORDS AND a relief for the military. Two. Is is advisable and advantageous Embassy believes to have a reverse Lend-Lease agreement with Chine and the draft agreement vould SEEM to SEPVE the Ends desired. Firstly, for political reasons WE have such an agreement with Chinc. Secondly, the American Tel. 289, March 30 1943, from Chungking; not printed. (893.24/15492)

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    "ocrText": "75-1\n3TO FE\nto\nTELEGRAM RECEIVED\nFAI\nFMH\nChungling via N.R.\nThis telegram must be\nA\nclosely paraphrased be-\nDated April 5, 1943\nfore being communicated\nFROM\nto anyone. (SC)\nRec'd 11:38 a.m.\nDivision of\nSEcretary of State,\nFAR EISTERN AFFMES\nWashington.\nNilso\nBS\nDepartment of State\n492, April 5, noon (3ECTION on2)\n893.24 150204\nDepartment's 313, Warch 5, 6 Delle\nOnE. Army authorities have hended me copy of\ndraft reverse Lend-Lease agreement. They have discussed\nmatter with me and shown me General Stilwell's tele-\ngram to Var Department It is assumed that War\nDepartment has made substanc E of the telegrom\navailable to the Department. Stilwell and other army\nofficers here are not favorably ingressed by proposed\nagreement although Stilwell does not reject it. He states\nthat in its present form it will have little EffEct\non situation and that only an agreement which provides\na realistic rate of Exchange will obtnin practical\n= ARCHIVES **NATIONAL SERVICE\" RECORDS AND a\nrelief for the military.\nTwo. Is is advisable and advantageous Embassy\nbelieves to have a reverse Lend-Lease agreement with\nChine and the draft agreement vould SEEM to SEPVE the\nEnds desired. Firstly, for political reasons WE\nhave such an agreement with Chinc. Secondly, the\nAmerican\nTel. 289, March 30 1943, from Chungking; not\nprinted. (893.24/15492)"
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