811.5017/11–2045: Circular telegram
The Secretary of State to the Diplomatic Representatives in Certain American Republics 28
Following decision on coffee ceiling prices announced Nov. 17 by OWMR29 after extensive consultation top levels
- Subsidy 3 cents per pound to be paid US importers on maximum 6 million bags green coffee shipped from foreign ports between Nov. 19, 1945 and March 31, 1946 for consumption in US. Importers to participate in subsidy in proportion to their WFO–63 import allocations and in accordance with inventory regulations.
- Effective Nov. 19, buying price ceilings wall be raised 3 cents per pound on coffee eligible for subsidy only for duration of subsidy.
- No ceiling price increase for green or roasted coffee in US.
US stabilization policy and prospective world coffee supply situation basic considerations in decision that increase or removal of ceilings requested by producing countries cannot be granted.
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