Reel 17427 - Page 1607

Dublin Core

Title

Reel 17427 - Page 1607

Description

Quality Score: unknown
Needs Review: No
OCR Confidence: 0%
Character Count: 2309
Word Count: 396

Source

https://image-uab.canadiana.ca/iiif/2/69429%2Fc0wm13p4zt6r/full/max/0/default.jpg

Date

1941/1945

Rights

Public Domain

Format

image/jpeg

Language

fra

Text Item Type Metadata

Text

(Part 4) Upon receipt of your telegram No. 273-276b, I notified the Turkish Government of the appointment of M. LORAND and asked that I be informed of the date on which the latter was to go to Ankara to begin negotiations.

Finally, I reply to the question raised in your telegram No. 276b.

There are no Anglo-Turkish negotiations at the present time concerning the redemption of the (719357) bonds. Here is the very precise information which I obtained about the paying off of these bonds:

"The agreement concerning the 7--U--F bonds issued in (719357) with a view to the repurchase of the (Part 6) Smyrna-Aydin Railroad was completed in February 1940 by a 'supplementary agreement' which associated the meeting of this debt with the 'commodities account, --U--S service controlled by the export guarantee department.' It is a question of a special account and (Vits?) --U-- the price of chrome and other Turkish articles bought by Great Britain, --U-- by the creditor whose installments on the bonds in question are paid. Should the supplying of the account be insufficient for meeting the debt, there is a clause which stipulates that in that event the Turkish Government will furnish supplementary pounds sterling, drawing them from its own funds. This same 'commodities account,' --U--S service controlled by the export guarantee department will likewise have --U-- to the service in --U--S of the loans in connection with the --U-- of Karabuk and other securities in connection with the public services of Istanbul."

This very day I shall begin the (7--N--7) with M. LORAND as a result of which it may be --U-- instructions --N-- stated specifically in a separate telegram.

x - Part 3 not readable at present.
a - Probably an error for 234-239, SSA No. 126251; No. 233 is not readable at present.
b - No. 273-276, No. 276 and 277 not readable at present. SSA No. 129006.
c - "National Association of French Holders of Transferable Securities".
d - Probably a monetary unit.
e - As in text, but according to the figures the rate should be "16.2".
f - Probably a month.
g - Same word in each instance.
h - Quotation marks as in text.

Inter S Jul 44 (4)
Rec'd S Jul 44
Trans 11 Jul 44 (1310 -0)
Rec'd Ottawa July 20th, 1944.

Examination Unit,
National Research Council,
July 20th, 1944.

File D-5249.