861.24/12–2646
The Lend-Lease Administrator (Lane) to the Chairman of the Government Purchasing Commission of the Soviet Union in the U.S.A. (Eremin)
Dear Mr. Eremin: I am pleased to note that your letter dated December 24, 1946 indicates that your Government is prepared to meet the request contained in my letters of November 27 and December 17, 1946, in connection with payment of administrative and accessorial expenses incident to delivery and shipment of material under agreement of October 15, 1945. We cannot however accept the proviso that the sum deposited by your Government for this purpose will be deducted from the sum due for the first payment of interest under the October 15 agreement, payment of which is due on July 1, 1947. We are willing to discuss with you at a later convenient date the exact method of readjusting the charges to your Government for the material covered by this arrangement. If you agree to such later discussion of this point, please mail immediately to the Lend-Lease Fiscal Operations Office, Treasury Department, Washington 25, D.C., a check payable to the Treasurer of the United States in the amount of $725,000. This amount represents (a) $100,000 to cover the cost of storage charges for two months plus (b) 2½ percent of $25,000,000 which our records indicate is the cost of material procured by the Treasury Department that will not have been delivered to your Government from factory or warehouse before January 1, 1947. Under this arrangement your Government will make payment of transportation and accessorial charges (other than for storage on material in warehouse on December 31, 1946) directly to railroads and other parties. We are advising the railroads and other parties accordingly.
As pointed out in my previous letter, immediate payment is essential.
Sincerely yours,
Alden W. Boyd