893.50 Recovery/6–2548: Telegram

The Secretary of State to the Ambassador in China (Stuart)

973. NAC agencies including ECA by unanimous informal vote today agreed to previous NAC recommendation re Article VII (new Article V) para 5 (Embtel 1149 June 25 et seq.) with following amendment interpolated between “The Government of China” and “shall hold the remaining balance”: “in agreement with the Government of the United States”. Emb should therefore substitute NAC language transmitted Deptel 900 June 19 including this amendment (Note Dept comment Deptel 920 June 24). Dept anticipates no Chinese objection new language this section.

Marshall