837.61351/4494a: Telegram

The Secretary of State to the Ambassador in Cuba (Braden)

1082. The following basic principles with regard to the 1944 production of Cuban invert molasses were agreed to at the first meeting of the Cuban and United States Delegations on December 22:

(1)
Cuba to grind all its available cane.
(2)
800,000 short tons to be produced as invert.
(3)
If crop is in excess of 4,750,000 short tons (present Cuban estimate of total crop) decision will be reached later whether excess is to be produced as sugar or invert, the Cuban Delegation indicating it will endeavor to produce largest possible amount of post-crop invert.
(4)
Price—2.50 cents per pound based on sugar content of invert, with escalator clause similar to sugar contract and with terms as in 1942 molasses contract.

Hull