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United States Department of State / Foreign relations of the United States diplomatic papers, 1943. Europe
(1943)

France,   pp. 23-301 PDF (103.0 MB)


Page 301


851R.50 C.C.N.A./99: Telegram
The Officer in Charge of Mission in Algeria (Chapin) to the Secretary
                            of State
                                ALGIERS, January 21, 1944-5 p. m.
                                              [Received 11 p. m.]
  212. This is 1987, Treasury A-151. Reference BOC 1969.1
  French have now made available to us details of program concerning
'Tunisian mortgage problem. As indicated in BOC 1969 outlines of
this program are similar to those of French proposal described in
our 1513 of 1 September 1943 with following changes:
  (1) Instead of being of indefinite maturity loans will fall due in 3
years. This time limit is set so that these loans will conform with
the terms of loans granted under general war damage legislation.
Refer BOC 1718.1 However, loans for relief of Tunisian mortgages
may be extended by agreement between the Tunisian state and banks
granting credits provided such agreement is reached 2 months before
expiration date. This provision has practical effect of making loans
of indefinite maturity and we believe this is French intention.
  (2) Service charges on loans will be borne not by Tunisian state
but by Comit6. Program has been accepted by Comite and is being
forwarded to Tunisian authorities for approval and enactment.
Complete description of proposal follows by airgram.2
                                                         CHAPIN
AGREEMENT BETWEEN THE UNITED STATES AND THE FRENCH
  COMMITTEE OF NATIONAL LIBERATION REGARDING RECIPROCAL
  AID IN FRENCH NORTH AND WEST AFRICA
  [For text of agreement signed at Algiers, September 25, 1943, see
Department of State Executive Agreement Series No. 483, or 59 Stat.
(pt. 2) 1666.]
  1Not printed.
  2   found in Department files.
301
FRANCE


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