Delinquent International Debts Owed to the United States: Hearings Before a Subcommittee..., 92-1 and 2, April 6; September 21, 1971; and February 18, 1972

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Página 30 - Mr. Chairman, this concludes my prepared statement. 1 will be happy to answer any questions which you or members of the subcommittee may have after we have heard the testimony of Mr.
Página 6 - Government to the extent that they make or participate in the making of foreign loans or engage in foreign, financial, exchange or monetary transactions.
Página 146 - But, one could argue, this discussion assumes that current population trends will continue, and they may not. Quite so. Most likely the rate of population increase will decline much faster in the US than it will in the other countries, and there does not seem to be much we can do about it. In sharing with "each according to his needs...
Página 31 - General, shall attempt collection of all claims of the United States for money or property arising out of the activities of. or referred to, his agency.
Página 6 - SEC. 4. (a) In order to coordinate the policies and operations of the representatives of the United States on the Fund and the Bank and of all agencies of the Government which make or participate in making foreign loans or which engage in foreign financial, exchange or monetary transactions...
Página 65 - ... an agency had exhausted its usual means of seeking payment of overdue governmental debt, the letter went on, the agency should address a request for diplomatic assistance to a designated official of the Department of State. In addition, the Department called on the various US diplomatic posts to impress upon the delinquent foreign governments the importance of settling promptly their overdue accounts with the US Government. US Government debt collection efforts over the past year have met with...
Página 10 - LETTER FROM SECRETARY OF THE TREASURY, CHAIRMAN, NATIONAL ADVISORY COUNCIL ON INTERNATIONAL MONETARY AND FINANCIAL PROBLEMS...
Página 75 - Exchange adjustments" total $971,000,000 and generally occur on loans extended in foreign currency with repayment scheduled in foreign currency when devaluation occurs in the exchange rate after disbursement. Some adjustments result from currency appreciation and increase the value of the indebtedness outstanding. If the credit was denominated in dollars and a rate specified in the credit agreement, although different from the current exchange value, was used for collections no adjustment has been...
Página 75 - As reported by the operating agencies. Does not include principal or interest for which revised, deferred terms have J
Página 68 - It was the policy of the United States to seek payment only for lend-lease goods in the possession of other countries at the end of the war which were of a civilian type, useful in a peacetime economy of the recipient country. In seeking a settlement of the lend-lease account with the Soviet...

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