Letter from Secretary of State Dean Acheson to President Harry S. Truman, with Attachments

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MAR 10 1949 My dear Mr. President: As of February 28, 1949, $123,950,685.71 had been paid to the Chinese Government or to United States agencies at the request of that Government from the $125,000,000 appropriated for additional aid to China through grants under Section 404(b) of the China Aid Act of 1948. The Chinese Embassy end U.S. Govern- ment agencies concerned have submitted reports to the Depertment on deliveries to Chine as of December 31, 1948. During the period ending December 31, 1948, approximately $61 million vorth of supplies and equip- mont vere shipped. Figures on shipments since that date will be available in the near future. Section 404(b) of the China Aid Act authorized the President to mako available to China, as additional aid, not to exceed $125,000,000 thrpegh grants on such terms as he might deternine and without regard to the provi- sions of the Reonomic Cooperation Act of 1948. After the passage of an appropriation for this purpose on June 28, 1948, the terms -decide& upon by you governing the administration of the granta vere transmitted by the Secretary of State to the Chinese Ambassador in a note dated June 28. The Chinese Ambassador indi- cated his Government's acceptance of these terms in a note dated July 1, 1948. The entire amount appro- priated, $125,000,000, vas subsequently allocated to the Secretary of the Treasury to be disbursed by the Treasury Department, upon the certification by the Department of State that the smounts requested are supported TRUMAN The President, ARCHIVES SERVICE" RECORDS AND John **MATIONAL The White House.