§ 59. Mr. Teeling
asked the Chancellor of the Exchequer whether he is supporting the granting of a loan of $150,000,000 to Japan before the Peace Treaty has been signed; what instructions have been sent to our representative on the Far Eastern Commission concerning such a loan; and what are the objects of this loan.
§ Mr. Glenvil Hall
The Far Eastern Commission has been informed that the United States Government will propose to Congress the provision of funds "to assist Japan to expand the output of its peaceful industries towards a status of self-support." We have taken note of 97W this, and should naturally welcome suitable measures which enabled Japan in due course to pay her way. No special instructions are called for.