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11.
660
PREPARING OFFICE
PREPARING OFFICE WILL
WILL INDICATE WHETHER
TELEGRAM SENT
TYPE CLEARLY THE
Collect
CLASSIFICATION OF THE
744
MESSAGE:
Department of date
Charge Department:
Washington
Charge to
to be rendered the United States in return, is deferred by the
two contracting parties until the progress of events after the
war makes clearer the final terms and benefits which will be
in the mutual interest of the United States and China and will
promote the establishment of lasting world peace and security.
In determining the final terms and benefits full cognizance shall
be given to the desirability of maintaining a healthy and stable
economic and financial situation in China in the post-war period
as well as during the war and to the desirability of promoting
mutually advantageous economic and financial relations between
the United States and China and the betterment of world-wide
economic and financial relations. "
This credit was extended at a time when it appeared that financial
assistance to China might be a necessary prerequisite to her continued
active participation in the war. China has at times informally
indicated the view that repayment should not be demanded, and acceding
to China would mean that the amount of the loan would become part of
U.S. war costs. This Government has not accepted the Chinese view.
However, the status of the loan has been the subject of many
communications which have passed between the President and the Gimo
and the Secretary of the Treasury and Mr. Soong and Dr. Kung.
Mr. Adler of the Embassy Staff is familiar with the details regarding
this item and can advise you.
as "NATIONAL RECORDS
ARCHIVES AND
DECLASSIFIED
E.O. 11652, Sec. 3(E) and 5(D) or E
OSD letter, May 3, 1972
Ey NITTLE NARS Data 6.25.75
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Document data
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- Core
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- Type
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DTO data
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Context sent to Scholar
Document identity
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Page context
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"ocrText": "11.\n660\nPREPARING OFFICE\nPREPARING OFFICE WILL\nWILL INDICATE WHETHER\nTELEGRAM SENT\nTYPE CLEARLY THE\nCollect\nCLASSIFICATION OF THE\n744\nMESSAGE:\nDepartment of date\nCharge Department:\nWashington\nCharge to\nto be rendered the United States in return, is deferred by the\ntwo contracting parties until the progress of events after the\nwar makes clearer the final terms and benefits which will be\nin the mutual interest of the United States and China and will\npromote the establishment of lasting world peace and security.\nIn determining the final terms and benefits full cognizance shall\nbe given to the desirability of maintaining a healthy and stable\neconomic and financial situation in China in the post-war period\nas well as during the war and to the desirability of promoting\nmutually advantageous economic and financial relations between\nthe United States and China and the betterment of world-wide\neconomic and financial relations. \"\nThis credit was extended at a time when it appeared that financial\nassistance to China might be a necessary prerequisite to her continued\nactive participation in the war. China has at times informally\nindicated the view that repayment should not be demanded, and acceding\nto China would mean that the amount of the loan would become part of\nU.S. war costs. This Government has not accepted the Chinese view.\nHowever, the status of the loan has been the subject of many\ncommunications which have passed between the President and the Gimo\nand the Secretary of the Treasury and Mr. Soong and Dr. Kung.\nMr. Adler of the Embassy Staff is familiar with the details regarding\nthis item and can advise you.\nas \"NATIONAL RECORDS\nARCHIVES AND\nDECLASSIFIED\nE.O. 11652, Sec. 3(E) and 5(D) or E\nOSD letter, May 3, 1972\nEy NITTLE NARS Data 6.25.75"
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