Mr. NITZE. That is correct. Mr. CASE. And to bread and coarse grains which go from 1,194.3 million dollars to 1,232.1 million dollars? Mr. NITZE. That is correct; because these countries have been very short on dollars. There is practically no income in dollars or a very small income in dollars, and it was felt when this program got under way it would be on a more orderly basis and there would be a greater lag between obligated funds and shipments. Mr. CASE. Does that take into consideration the interim aid under the $55,000,000 appropriation? Mr. NITZE. It does take into account the $55,000,000, although the $55,000,000 was obligated after April 1. There is a deduction of 5.3 billion dollars in your green sheets. Mr. STEFAN. I wanted this table explained so that the Members would understand what we were talking about when they saw it. They will ask as to how much wool is going to be sent, how much cotton, how much tobacco, and they ought to have something as to the shipments and obligations. Mr. MAHON. Do I understand this table is not true in view of the reduction in funds which were expected at the time the table was made up? Mr. NITZE. No; the table is correct. Column 6 is the amount we are trying to justify here for appropriation. Mr. CASE. And column 6 includes the $1,000,000,000 handled as a public debt transaction, as well as the 4.3 billion dollars you seek in appropriations? Mr. NITZE. That is right, as well as the $55,000,000 you asked about. Mr. MAHON. Column 1 is also correct, based upon the figures actually provided in the authorization? Mr. NITZE. Column 1 is not the amount which would actually move forward. A little less than that would have to move forward in order to fit the obligations. The CHAIRMAN. That is your 15 months' period? Mr. NITZE. That is correct. The CHAIRMAN. So that you are not figuring that within the period for which you are asking these funds, but that is the objective? Mr. NITZE. That is correct, sir. Mr. KERR. Just to clear up this tobacco situation, as I understand it, the total amount of shipments of tobacco from the Western Hemisphere is $299,000,000. The CHAIRMAN. That is the whole picture-$299,000,000 for 15 months. That refers to the whole 16 countries, but the amount for the 12 months' period which we are considering here currently is about $240,000,000. Is that correct? Mr. KERR. This shows $110,000,000. Mr. CASE. It is $262,000,000, Mr. Chairman, under the testimony they have given here. The CHAIRMAN. It does drop off one-fifth, then. Mr. PHILLIPS. That is the figure that was given to the Senate Foreign Relations Committee, and since then all of these figures have been reexamined and later information incorporated in them. Mr. KERR. Let me get this straight. This allotment of $299,000,000 for tobacco is from the Western Hemisphere, and you have cut that down to $110,000,000? The CHAIRMAN. No. The figure they are expecting will be exported within the 12 months' period from April 1, 1948, to March 31, 1949, is approximately four-fifths of that, according to their revision. Mr. WIGGLESWORTH. And the $110,000,000 is that portion of it which comes out of the ECA funds. Mr. KERR. Which is distributed to the whole amount? Mr. CASE. And there are 91.4 million dollars which will be shipped also from the Western Hemisphere in tobacco, to be paid for out of dollar earnings and loans and credits? Mr. NITZE. That is correct. Mr. CASE. Making the program total $201,000,000 or $202,000,000 worth of tobacco altogether from the Western Hemisphere? Mr. NITZE. That is correct; except the first figures are on the 15 months' basis, and the last figure is on the 12 months' basis. Mr. KERR. What is the value of the tobacco shipped from the Western Hemisphere prior to the war? The CHAIRMAN. Prior to the war-there is not any summary sheet on that, is there? Mr. NITZE. As I remember it, these figures are fairly close to the prewar shipments. Is not that correct? Mr. MAHON. In dollars or pounds? Mr. NITZE. In pounds. Mr. NORTHRUP. I can give you the figure for the 12 months, 1948-49 for shipments from the United States. The poundage figure for tobacco, the 15 months figure Mr. MAHON. This covers all shipments? Mr. NORTHRUP. All shipments to all European countries, from the United States to all participating countries. For the 12 months, 1948-49, it was estimated at 437,000,000 pounds. That figure is about 149 percent of our prewar shipments from this country; it is about 108 percent of last year's, that is, the 1947-48 year, to these same countries; and it is about 84 percent of our estimated total exports next year. Mr. CASE. What was the percentage of the prewar shipment? Mr. CASE. Then, following the statement you made a little while ago that tobacco was essential to the rehabilitation of those countries, if we are going to raise those countries up to the industrial level desired, it would be necessary for us to finance shipping to them 149 percent of their prewar tobacco consumption? Mr. NORTHRUP. Yes; but these are only the United States figures. To get the complete picture, we should know about the total supply. Mr. CASE. To get the complete picture, I suggest the gentleman should read the debate in the House of Representatives on the afternoon when this was under consideration, where a great deal of time was taken to determine the standards in the bill were such that they would insure a proper quota for the tobacco that was shipped-a proper quota for burley, a proper quota for flue-cured, a proper quota for Ohio and Pennsylvania tobacco-so that the distribution of this 50-percent bonus on prewar shipments of tobacco would be properly allocated among the various States that produce tobacco. Mr. NORTHRUP. I read that testimony. I have one more piece of information that might be helpful. The figures I just gave you were with respect to the United States estimates of shipments for the 12 months' period 1948-49. When you add on the total production and take into account shipments from other sources of the world, th Western Hemisphere with other places, that gives them a total suppl figure in all European countries next year of 92.5 percent of the prewa level of supply, about 101 percent of this year's supply level, and 11 percent, or about 10 percent more than the Paris report indicated last year. The CHAIRMAN. The statement on D-4 and D-5 does not give break-down by countries so anyone can tell anything about it excep the dollars. Mr. STEFAN. Do we not have a sheet showing the commodities by countries? Mr. NITZE. E-1 is the sheet for Austria, and the succeeding F numbers give the similar items for each country and give a break down by commodities by countries. The CHAIRMAN. E-1 and E-2 is a break-down by dollars. BREAK-DOWN OF COMMODITIES IMPORT REQUIREMENTS, ETC., FOR AUSTRIA The CHAIRMAN. Those two sheets will be made a part of the record (The statements follow:) Austria: Proposed distribution of ECA obligations for commodity import requirement and for other dollar payments, by periods, Apr. 1, 1948-June 30, 1949, and Apr. 1 1948-Mar. 31, 1949 [In millions of dollars with 1 decimal] Austria: Proposed distribution of ECA obligations for commodity import requirements and for other dollar payments, by periods, Apr. 1, 1948-June 30, 1949, and Apr. 1, 1948-Mar. 31, 1949-Continued RECAPITULATION BY PARTICIPATING COUNTRIES The CHAIRMAN. Then you have the whole picture set out in the recapitulation by countries on D-6? Mr. NITZE. Yes. The CHAIRMAN. We will include D-6 in the record. (The statement follows:) Recapitulation by participating countries-proposed distribution of ECA obligations for commodity import requirements and for other dollar payments, by periods Includes shipments to bizone Germany from sources outside Western Hemisphere financed by ECA and amounting to $200,000,000. Includes proceeds arising from exports to Western Hemisphere countries, net dollar earnings on invisible account, and drawings on cash reserves. In the case of bizone Germany, includes the appropriation of $822,000,000 being requested by the Department of the Army for the prevention of disease and unrest. |