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NO-
22-1
GHINESE SUPPLY COMMISSION
779
779
2311 MASSACHUSETTS AVE., N. W.
WASHINOTON ., D. c.
OUR REF. NO. S-2305
May 29, 1947
AND
of
MAY' 9 1947
Mr. Norman T. Ness
Lend-Lease Administrator
OF STATE
ans. HTS
Department of State
Washington 25, D. C.
Dear Mr. Ness:
The Agreement between the Governments of the United States and the
Republic of China on the Disposition of Lend-Lease Supplies in Inventory or
Procurement in the United States, signed June 14, 1946, /provides that the
terms of payment set forth in the Agreement, including rate of interest, may
be altered by mutual agreement at the time of the final settlement for lend-
lease aid. The Agreement also provides for the postponement of payment of a
due installment where it is determined by agreement of both governments that,
because of extraordinary and adverse conditions arising during the course of
5
payment, payment would not be in their joint interest.
The Governments of the United States and of the Republic of China
are about to start negotiations for a final settlement covering lend-lease
aid and related matters. Since the Agreement of June 14, 1946, contemplates
a review of the terms of payment during the course of such negotiations, and
since the exact amount of the first installment due under the Agreement can-
not be determined for lack of complete information as to quantities shipped,
it would seem preferable to postpone payment of the installment due on July 1,
1947, without prejudice to the interests of either party, until after the con-
clusion of the aforesaid negotiations, when the matter can have been examined
in detail. We propose, therefore, that this payment be postponed accordingly.
I hope that you will agree that the reasons outlined fully justify
this step.
Yours very truly,
Shakewwing
Shou-Chin Wang
Chairman
CHARGE
is
u
:
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"ocrText": "NO-\n22-1\nGHINESE SUPPLY COMMISSION\n779\n779\n2311 MASSACHUSETTS AVE., N. W.\nWASHINOTON ., D. c.\nOUR REF. NO. S-2305\nMay 29, 1947\nAND\nof\nMAY' 9 1947\nMr. Norman T. Ness\nLend-Lease Administrator\nOF STATE\nans. HTS\nDepartment of State\nWashington 25, D. C.\nDear Mr. Ness:\nThe Agreement between the Governments of the United States and the\nRepublic of China on the Disposition of Lend-Lease Supplies in Inventory or\nProcurement in the United States, signed June 14, 1946, /provides that the\nterms of payment set forth in the Agreement, including rate of interest, may\nbe altered by mutual agreement at the time of the final settlement for lend-\nlease aid. The Agreement also provides for the postponement of payment of a\ndue installment where it is determined by agreement of both governments that,\nbecause of extraordinary and adverse conditions arising during the course of\n5\npayment, payment would not be in their joint interest.\nThe Governments of the United States and of the Republic of China\nare about to start negotiations for a final settlement covering lend-lease\naid and related matters. Since the Agreement of June 14, 1946, contemplates\na review of the terms of payment during the course of such negotiations, and\nsince the exact amount of the first installment due under the Agreement can-\nnot be determined for lack of complete information as to quantities shipped,\nit would seem preferable to postpone payment of the installment due on July 1,\n1947, without prejudice to the interests of either party, until after the con-\nclusion of the aforesaid negotiations, when the matter can have been examined\nin detail. We propose, therefore, that this payment be postponed accordingly.\nI hope that you will agree that the reasons outlined fully justify\nthis step.\nYours very truly,\nShakewwing\nShou-Chin Wang\nChairman\nCHARGE\nis\nu\n:"
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