LOANS MADE BY THE AGENCY FOR INTERNATIONAL DEVELOPMENT TO FOREIGN COUNTRIES DURING CALENDER YEAR 1963 AT 3/4 OF 1 PERCENT FOR 40 YEARS ( REPAYABLE IN DOLLARS)

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP66B00403R000200190011-6
Release Decision: 
RIFPUB
Original Classification: 
K
Document Page Count: 
2
Document Creation Date: 
December 16, 2016
Document Release Date: 
January 4, 2005
Sequence Number: 
11
Case Number: 
Publication Date: 
January 1, 1964
Content Type: 
OPEN
File: 
AttachmentSize
PDF icon CIA-RDP66B00403R000200190011-6.pdf283.76 KB
Body: 

196 Approved For R GRESSgNFil5ff8~WBO% RA 100190011-6 17143
it is obvious that with a little austerity
in its imports Turkey could have man-
aged to discover the additional $11,375
needed to pay the U.S. interest at the
rate of 4 percent rather than to expect
the United States to make a combined
loan-grant to it.
In my report, I stated with respect to
these three-fourths of 1 percent loans:
It is time to stop fooling the American
people. These are not loans-they are com-