890F.515/44b: Telegram

The Secretary of State to the Minister in Egypt (Kirk)

1327. For Gunter from Treasury. Please repeat to Jidda. The following is the text of the agreement for the lend-leasing of silver to Saudi Arabia. If the King signs the agreement, use the words contained within the brackets; if his minister signs, use the words contained within the parentheses.

“Honorable E. R. Stettinius, Jr.,

Lend-Lease Administrator,

Washington, D.C.

Sir: [I, Ibn Saud, King of Saudi Arabia,] (The King of Saudi Arabia, through _____________________name his _____________________title) hereby request(s) the Office of Lend-Lease Administration to supply, as soon as possible, five million one hundred sixty-seven thousand ounces of silver under the Act of March 11, 1941, from the stocks of the United States Treasury silver.

“I hereby agree (on behalf of the King of Saudi Arabia) that Saudi Arabia shall return to the United States Treasury, within five years after the end of the existing national emergency in the United States, as determined by the President of the United States, an amount of silver bullion equivalent to the total number of ounces of silver transferred to Saudi Arabia under the Act of March 11, [Page 899] 1941, from the stocks of the United States Treasury silver, provided, however, that if the conditions of the world supply of silver make it advisable such period may be extended by agreement of both governments for an additional two years.

King of Saudi Arabia or title of representative”

Legation can of course supply appropriate honorifics and phrases of courtesy corresponding to usage. [Treasury.]

Hull