furnished, and substantially identical commodities within France from whatever source procured, will not be removed or permitted to be removed from the territory of the Government of the French Republic, unless it is agreed between the two Governments that such commodities are no longer needed in France or that the export of such commodities would yield a commensurate benefit, not inconsistent with purposes of the Act as set forth in Section 2 thereof, to the economy of France, or unless otherwise expressly agreed between the two Governments. Section III. The Government of the French Republic will furnish such statements and information relating to operations under this agreement as may from time to time be requested by the Government of the United States of America. USE OF BRITISH LOANS FOR LIQUIDATION OF NATIONALIZED INDUSTRIES IN ENGLAND Mr. CASE. Do you have any figures which would show to what extent the British used the receipts under the British loan for the liquidation of the industries which were nationalized in England? Mr. NITZE. Yes; we do have some data. This information was furnished to the Foreign Affairs Committee of the House or the Senate and I do not recall at the moment whichbut it shows the expenditure of the British loans.. Mr. LOVETT. We can provide that information for you, Mr. Case. Mr. CASE. I would like to know. Is it possible to determine whether or not some of the dollars which were provided to England were used to pay off United States security holders of the nationalized industries? Mr. LOVETT. None, used for that. Mr. CASE. None directly? Mr. LovETT. No. Mr. NITZE. And I do not believe any was used indirectly. The only thing we could do is to take the data on expenditures, which Britain has made in this country, in respect to the funds she had to expend, and from that data find out how the loans were used. Mr. LOVETT. And we have statements, of course, from them. The CHAIRMAN. Do you have break-down showing what they used the funds for, which they received from the sale of food? Mr. NITZE. No; I do not think we have such a statement here. The CHAIRMAN. You cannot tell really whether it was used for that purpose or not? Mr. NITZE. No Mr. LOVETT. Just a minute; let us make sure that we are on all fours here. The thing you are inquiring is the amount received through loans. The CHAIRMAN. Yes. Mr. LOVETT. They expended those dollars for various purposes, including food. Mr. CASE. Yes. Of course, the chairman's question would apply also the earlier field covered in my question. Mr. LOVETT. We have had no loans Mr. CASE. Insofar as France and Italy are concerned? Mr. LOVETT. Oh, yes. Mr. CASE. That is covered elsewhere? Mr. LOVETT. That is all covered under the bilateral agreements. We can furnish that information to the committee. WEDNESDAY, APRIL 21, 1948. STATEMENT OF TOTAL AUSTRIAN IMPORTS, DOMESTIC PRODUCTION, AND AVAILABLE SUPPLY IN PHYSICAL QUANTITIES The CHAIRMAN. We will take up first the items for Austria, and I think we had better insert in the record pages one and two of the statement giving the estimates of total imports, domestic production and available supply in physical quantities. (The statements follow:) AUSTRIA Estimates of total imports, domestic production and available supply in physical quantities on "consumption" or "requirements" had to be used. Periods: Prewar-1934-38 average where available; otherwise 1935 37 or 1937-39. AUSTRIA Estimates of total imports, domestic production and available supply in physical quantities ECA Financing: Includes shipments to dependent overseas territories. The physical quantities indicated in this column represent estimated commodity shipments proposed to be financed by ECA during the 12-month period, April 1948 through March 1949. In addition to these commodity shipments financed by ECA, it is estimated that ECA funds will be obligated before Mar. 31, 1949 to procure goods which will be shipped after that date. Mr. STEFAN. This statement, under ECA shipments financed, April 1, 1948, to March 31, 1949, includes the 4.3 billion dollars, and also includes the 1 billion dollars, 800 million dollars of which has already been allocated, or does it merely include, what you are requesting here, the 4.3 billion dollars? Mr. NITZE. The figures from which this table was made up include the entire 5.3 billion dollars. Mr. STEFAN. Also it includes the $800,000,000 that has been allocated? The CHAIRMAN. The $800,000,000 is a part of the $1,000,000,000. Mr. NITZE. Yes. Mr. STEFAN. This is a part of the over-all amount here? Mr. NITZE. Yes. Mr. STEFAN. That is everything you have allocated? Mr. NITZE. That is right. These sheets, however, do not cover all items. The CHAIRMAN. What else is there? Mr. NITZE. These sheets cover only the items for code numbers 01 to 43. The CHAIRMAN. How are we going to tell much about it if that only covers part of the items? Mr. NITZE. The total is given on page D-4. Mr. STEFAN. Would it be possible to put everything on one sheet and have that inserted in the record? Mr. NITZE. That is on page D-4 in the presentation, Mr. Stefan everything is on D-4. The CHAIRMAN. Everything is shown on D-4? Mr. NITZE. That is correct. Mr. STEFAN. This sheet, D-4, gives the over-all picture of the proposed distribution of the ECA financing, by country and commodity? Mr. NITZE. That is correct. Mr. STEFAN. That includes the $1,000,000,000. Is that what was included in the newspaper release of yesterday? Mr. NITZE. I believe it was. Mr. STEFAN. Who prepared that newspaper release? Mr. NITZE. I do not know. Mr. WIGGLESWORTH. It was prepared by the Information Section of the State Department, was it not? Mr. NITZE. I am not familiar with it, Mr. Wigglesworth. Mr. CASE. Mr. Hoffman said the director of the Information Section had not yet been appointed. Mr. NITZE. I just do not know anything about it. Mr. CASE. Will you find out who does the ghost writing? The CHAIRMAN. Let me see if I understand this: You say that sheet D-4 gives the whole picture of things you are going to ship? Mr. NITZE. Column 6 on D-4. The CHAIRMAN. Column 6. Mr. NITZE. Totals $5,222,000,000. The CHAIRMAN. These items do not all appear on these sheets that gives the break-down by countries? Mr. NITZE. They appear on D-6, which gives the same information by countries. |