868.51/8–2145: Telegram
The Ambassador in Greece (MacVeagh) to the Secretary of State
[Received August 22—8:40 a.m.]
883. Mytel 867, Aug. 18.60 Replying my queries regarding his statement re loan $250,000,000 Varvaressos said yesterday he realized [Page 235] sum large one but Greek needs also large, local devastation this war being many times that caused by World War I. Greek Govt aware it cannot expect even so much as tenth of $3,500,000,000 which Export-Import Bank authorized loan liberated countries but feels has right to ask assistance approaching that proportion and made request accordingly. His confident statement regarding acceptance really expression hope (probably for political effect here). He added Bank in taking request under consideration indicated willingness advance $20,000,000 on short term.
- Not printed; it requested the basis for the “astronomical expectation” in connection with the proposed Export-Import Bank credit (868.51/8–1845).↩