893.51/4–3046: Telegram

The Acting Secretary of State to the Embassy in China

695. For General Marshall. Chinese Supply Commission has applied to Eximbank for credit of 28 million dollars to purchase railway and bridge ties and structural timbers for railway bridge repairs. This application is in addition to credit of $16,650,000 for railway repair materials, including 1,500,000 ties, recently extended by Bank. Although recognizing urgent need of railway repair, Bank Directors unwilling to approve new application, or any part thereof, at this time unless you so recommend and they would appreciate your early comment.

Acheson