Department of State National Advisory Council Files
Minutes of the Thirteenth Meeting of the National Advisory Council, Washington, February 21, 1946
| Present: | Secretary Fred M. Vinson (Chairman), Treasury Department |
| Mr. W. L. Clayton, State Department | |
| Mr. Arthur Paul, Commerce Department | |
| Mr. Marriner S. Eccles, Board of Governors, Federal Reserve Board | |
| Mr. William McC. Martin, Jr., Export-Import Bank | |
| Mr. Frank Coe (Secretary), Treasury Department |
1. Statement of Foreign Loan Policy of the United States Government
There was further consideration of the proposed Statement (NAC Document No. 70).41 After discussion it was unanimously agreed to recommend that the capital and lending power of the Export-Import Bank should be increased by $1¼ billion. It was agreed that the document, as revised on this matter, should be submitted to the President for his consideration and approval.
[Page 1425]Action. The following action was taken:
The National Advisory Council approves the submission to the President, for his consideration and approval, of the Council’s “Statement of the Foreign Loan Policy of the United States Government” (NAC Document No. 70–A).42