Office of the Historian

863.51 Relief Credits/547

The Acting Secretary of State to the German Chargé (Thomsen)
Washington, December 6, 1939.

Sir: I am requested by the Secretary of the Treasury to transmit to you the attached statement showing the amounts due on January 1, 1936 to January 1, 1939, inclusive, and January 1, 1940, payable by [Page 566] the Government of Germany on account of the indebtedness of Austria under the terms of the Debt Agreement of May 8, 193013 and the Moratorium Agreement of September 14, 1932,14 between the Federal Government of Austria and the Government of the United States.

In presenting this notice of amounts due under the agreements signed by the Austrian Government, I take the occasion to reiterate that this Government is fully disposed to discuss, through diplomatic channels, any proposals which your Government may desire to put forward in regard to the payment of this indebtedness, and to assure you that such proposals would receive careful consideration with a view to eventual submission to the American Congress.

Accept [etc.]

Sumner Welles
[Enclosure]
Statement of the Amounts Payable by the Government of Germany in Respect of Austrian Indebtedness, Maturing January 1, 1936, to 1939, Inclusive, and January 1, 1940

Funding Agreement

Principal Interest Annuity under Moratorium Agreement
Amount due January 1, 1936 460,093.00 — $34,767.23
Amount due January 1, 1937 $460,093.00 — 34,767.23
Amount due January 1, 1938 $460,093.00 — 34,767.23
Amount due January 1, 1939 $460,093.00 — 34,767.23
Total 1,840,372.00 — 139,068.92
Amount due January 1, 1940:
Principal of bond No. 12, dated January 1, 1928, due January 1, 1940, under agreement of May 8, 1930, between the United States and Austria $460,093.00
Seventh annual annuity due January 1, 1940, under moratorium agreement of September 14, 1932, between the United States and Austria 34,767.23
Amount due $494,860.23
  1. For text, see Annual Report of the Secretary of the Treasury on the State of the Finances for the Fiscal Year Ended June 30, 1930, pp. 316–324.↩
  2. Annual Report of the Secretary of the Treasury …, 1932, pp. 307–308.↩