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60515_1950-1954

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Fiscal Year Ended June 30, 1953 Indebtedness of Foreign Governments TABLE 112.- -Indebtedness of foreign governments to the United States arising from World War I , and payments thereon as of J u l y 1, 1953 Payments Indebtedness Country Total indebtedness Principal Due and unpaid i Armenia Austria ^ . . Belgium... Cuba Czechoslovakia Estonia FirUand France Great Britain Greece Hungary 6 Italy . Latvia Liberia Lithuania Nicaragua 7.. Poland R u m a n i a lo.. Russia... Yugoslavia 12 . . .
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  TABLE 112.- Indebtedness  of Foreign Governments -Indebtedness  of foreign governments to the United States arising from World War I, and payments thereon as of July 1, 1953 Country Armenia Austria  ^ . . Belgium... Cuba Czechoslovakia Estonia FirUand France Great Britain Greece Hungary  6 Italy  . - Latvia Liberia Lithuania Nicaragua  7.. Poland Rumania  lo.. Russia... Yugoslavia 12  .. . Total Total indebtedness $32,175,  046.  29 26, 024, 539.  59 570,107, 077.  60 211,  772, 222.60 3 29,  071,  940.81 <  7,  286, 040.18 5,  280, 785,801.87 7,  630,859, SOL  93 40,  360, 255.10 3  3, 271,  899.  36 2,107, 012, 659.  34 3 12, 028, 724.04 3  10, 788, 679.  66 3  363, 822, 784.  20 89,  418,175.  25 525,119,756.88 65,  861,  718.  78 17,  005, 766, 623.48 Indebtedness Principal Due  and  unpaid  i $11,  959, 917.49 12,  741,086.41 109,000, 000.00 49,  356,108.90 3,  447, 012.87 1,  234, 568, 468.  59 891,  000, 000.00 18,741,000.00 372,  565.00 386,  500, 000.00 1,  415, 464.  20 1, 253, 455.00 40,  528, 000.00 19, 613, 560.  43 192,  601, 297.37 12,  315, 000.00 2, 985, 412, 936.  26 Other $13, 239, 394.  25 291,  680, 000.  00 115, 885, 000.  00 13,  019, 000.00 6, 908, 076.80 2, 629,  081, 531.  41 3,  477, 000, 000.00 12,  775, 000.00 1, 635, 995.00 1, 618, 400, 000.00 5,  464,000.00 4,  944, 227.00 165, 529, 000.  00 44, 247, 000.  00 49,310, 000.00 8,  449, 018, 224.  46 Interest Due  and  unpaid  i $20,  215,128.80 44, 058.  93 169, 427, 077.  60 46,  531,113.  70 12,  605, 927,94 5 377, 963.38 1, 417,135, 801.87 3,  262,859,  301.  93 8, 844, 255.10 1, 363, 339.36 102,112, 659.  34 5,149. 259.84 4, 590, 997.  66 157, 765, 784.  20 25, 557, 614.  82 332, 518, 459.  51 4, 236, 718.  78 5,  571,  335, 462.  76 Payments Principal Funded debts $862,  668.00 17,100, 000.00 19,  829, 914.17 2,  091,  923.  20 161,  350,000.  00 232,000, 000.  00 981,  000.00 73,  995.  50 37,100, 000.00 9, 200.00 234, 783.  00 8 1,  287, 297.  37 2,  700, 000.00 1, 225, 000.00 476,845,  781.  24 Unfunded debts $2, 057, 630.  37 10,  000, 000.00 64,  689, 588.18 202,181,  641.  56 2, 922.  67 364, 319.  28 26,  000.00 141,  950.  36 1,  798, 632.  02 727, 712.  55 281,  990, 396.99 Interest Funded debts $14,490,000.00 1, 246, 990.19 7,  928,894.82 38,  650, 000.00 1, 232, 775, 999.07 1,  983, 980.  00 482,171.  22 5, 766, 708.  26 621,  520.12 1,  001,  626.  61 0  19, 310, 775.  90 29,  061.46 1,324,  287, 727.65 Unfunded debts $18,  543, 642.87 2, 286,  751.  58 304,178.09 1,  441.  88 309, 315.  27 221,  386, 302.  82 357,  896, 657.11 1,159,153.  34 753.  04 57, 598, 852.  62 130,  828.95 10,  471.  56 1,  546.  97 26, 625.  48 2, 048, 224.  28 263, 313.  74 11 8,  750,  311.  88 636,  059.14 671,  354, 430.  62 Total payments $862,  668.  00 52,191,  273.  24 12, 286,  751.  58 20,134, 092.  26 1,  248, 432.  07 10,  330,133.  29 486,  075, 891.00 2, 024, 854, 297.  74 4,127, 056.  01 556, 919.  76 100,  829, 880.16 761,  549.07 36,  471.  56 1,  237, 956.  58 168,  575.84 22, 646, 297.  55 10  4,  791,  007.  22 11  8,  750, 311.88 2,  588, 771.69 2,  754, 478, 336.50 »Includes amounts postponed and unpaid under moratorium agreements for fiscal year 1932.  For total principal and interest by country see Annual Report of the Secretary of Treasmy for 1947, p. 107. 2  The German Government was notified on April 1, 1938, that the Government ofthe United States would look to the German Government for the discharge of the indebtedness of the Government of Austria to the Government of the United States. 3 Increase over amount funded due to exercise of options with respect to the payraent of interest due on srcinal issue of bonds of debtor government. *  Public Law  265,  81st Congress, approved August 24, 1949, provides that any sum due or paid by the Government of Finland to the United States as the result of World War I shall be deposited in the Treasury and made available for educational and technical instruction and training in the United States for citizens of Finland, and to provide opportunities for American citizens to carry out academic enterprises in Finland. The December 15th 1949, payment of $264,422.24 by Finland was the first sum to be made available after the date of the enactment of the joint resolution. « Represents payments deferred. 8 The Hungarian Government deposited with the foreign creditors' account at the Hungarian National Bank an amount of pengo equivalent to the interest payments due from December 15, 1932, to June 15,1937. The debt-funding and moratorium agreements with Hungary provide for payment in dollars to the United States. 7 The United States held obligations in the principal amount of $289,898.78, which, together with accrued interest thereon, were canceled on October 6, 1939, pursuant to agreement of April 14, 1938, between the United States and the Republic of Nicaragua, ratified by the United States Senate on June 13,1938. 8  Excludes claim allowance of $1,813,428.69 dated December 15, 1929. 9  Excludes book credit of $408.02 for overpayment. 10 Excludes payment by the RumaiUan Governraent to the Treasury on June 15, 1940, of $100,000 as a token of its good faith and of its real desire to reach a new agreement cover ing Rumania's indebtedness to the United States. Silver bullion in the amount of $29,061.46 was paid to the United States on June 16, 1933, which payment was credited June 15, 1947. 11 Consists principally of proceeds of liquidation of assets of Russian Government in the United States. (See Annual Report of the Secretary for  1922,  p. 283). 12 This Government has not accepted the provisions of the moratorium. OQ o cc Fiscal Year Ended June 30, 1953  6 4 1953 REPORT OF THE SECRETARY OF THE TREASURY TABLE  113.—World War  I  indebtedness  of  Germany io the United States  and  amounts paid  and not  paid, June 30,  1953 PART  L  INDEBTEDNESS  OF  GERMANY, JUNE  30, 1953 Class Army costs (reichsmarks)  _ Mixed claims (reichsmarks) Total (reichsmarks) Total (tu dollars,  at  40.33 cents to the reichsmark)  .. Indebtedness as funded 1,048,100,000 2,121,600,000 3,169,700,000 $1,278,340,010 Total mdebted ness,  June 30, 1953 1 1,178,089,614.00 2,518,380,000.00 3,696,469,614.00 $1,490,786,195.33 Prmcipal 997,500,000 2,040,000,000 3,037, 500,000 $1,  225,  023,750 Interest accrued and unpaid 2 180,589,614.00 478,380,000.00 658,969 614.00 $265, 762,  445.  33 PART  II.  PAYMENTS RECEIVED FROM GERMANY THROUGH JUNE  30, 1953 Class Army costs (reichsraarks) Mixed claims (reichsmarks). Total (reichsmarks) Total  (in  dollars)  .— Total payments received  as  of , June 30,1953 61,456,406.25 87,210,  000.00 138,666,406.25 $33,  687,809.69 Payments of principal 50,600,000.00 81,600,000.00 132,200,000.00 $31,  639,595.  84 Payments of interest 856,406.25 5 610 000 00 6,466  406 25 $2,048,213.85 PART IIL AMOUNTS NOT PAID  BY  GERMANY ACCORDING TO CONTRACT JUNE  SO,  1953 Date  due Total  to  June 30,1951 (reichsmarks).. Sept  SO  1952 (reichsmarks) Mar 31,1953 (reichsmarks) Total (reichsmarks).  ..... Total  (in  dollars,  at  40.33 cents  to the reichsmark) Fundiag agreement Principal 1,334,800,000 38,050,000 38,050,  000 1,410,900,000 $569  015,  970 Inteiest 590, 754,093.  75 31,052,  312.50 31,882,218.75 653,688,625.00 $263,  632,  622.46 Moratorium agreement 30,580,989.00 SO,  580,989.00 $12,333, 312.  86 Total 11,  956,135,082. 75 69,102  312 50 69,  932,  218.75 2,095,169, 614.00 $844,981,  905.  32 1 Includes interest accrued under unpaid moratorium agreement annuities. ' 2 Includes 4,027,611.95 reichsraarks deposited  by  German Government  in  Konversionskasse  fur  Deutsche Auslandsschulden  and not  paid  to the  United States  in  dollars as requu-ed  by  debt  and  moratorium agree ments. Fiscal Year Ended June 30, 1953  TABLE  114.—Summary  of  amounts  billed, collected,  and  balances  due the  United States under lend-lease  and  surplus property repayment agreements World  War II), as of  June  30, 1953 Country Australia _. _ ._ Austria Belgium and Belgian Congo Burma ... Canada China Czechoslovakia Dp.nmark „... Ethiopia Finland France  .......  .. Germany Greece . Greenland ã Hungary '. Iceland India _..ã __. _ Iran Iraq. Italy .. Japan _ Korea .. Lebanon ___ _ Liberia Luxembourg Middle East Netherlands New Zealand Norway Philippines Poland Saudi Arabia Southern Rhodesia Sweden ._ Amount billed (net) $42,420,061.  25 9,  751,  287.  27 114,035,369. 21 6,163,  770.38 388,757,601.09 84,063,172. 99 8,639,398. 66 6,201,193.73 4,558,958.37 21,038,443.15 1,098,668,547.46 203,000,000.00 61,  653, 855.15 8,351.28 17,  794,126. 79 4,496, 553. 29 240,  442,356. 66 11,842,  707.95 54.00 243,171,157. 76 14,034, 716. 93 26,  954,340. 54 1,  656,481.  89 19, 473, 723.  66 120.  00 50,377,450.28 168, 516,801.  72 4, 935, 288.  23 21,005,967. 50 5,000,000.00 42,403,  592. 50 15,158,129. 77 1,  415, 510.  98 2,105,  244.33 Credits Collections United States dollars (less refunds) $25,780,840.10 687,430.71 30,218,893.21 388,  757,601.09 16,062,109.14 696, 730.  60 4,161,196.80 41,  745.49 3,074,945. 51 363,493,  254.89 7,836,764.62 8,351.  28 4, 496,'553.'29 62,080,717. 71 8, 940,537.00 54.00 96,343,102.87 150,000.00 120.00 11,126, 630.72 38, 685, 609.  29 602,  556.05 10,  536,819. 42 4,  403,872. 44 1,371, OSL 69 240, 689.  98 Foreign currency $2,113,074.09 1,700,000.00 6,085,892.83 2,956,757. 69 1,062,961.45 482,470.00 1,208,175. 00 44,667,769. 90 18,000,000.00 2,724,924. 92 2,827, 757.48 2,  271,212.11 19,322,  532. 70 8, 428,055. 58 2,026,744. 74 614,189.04 39,  234,823.16 1, 748,000.00 497,459. 28 2,025,  236. 97 1,205,855. 29 4,179, 578. 77 i, 000,089. 55 Other credits $790,955.  68 566,807.01 62,724,428.08 142,077.32 1,990,965.94 42,337.42 664,  286.27 892,567.69 49,013,124.92 1,206,763.08 1,817,  744.93 85,426. 76 3,  544, 507.  95 756,926.82 3,977,676.38 1,134,819.50 28,283,276.12 327,510.82 163,  713.12 2, 504,  IOL 61 50,137.  41 Balances Advance pa3^ments by foreign governments 1 $6,223.65 3,584,435.73 1,768.62 ã Due United States Total $13,741,415.03 6,807,049. 66 15,006,165.09 3,064,936.37 71,  585,499. 68 4,988,740. 77 515,190. 61 3,952,926. 61 16,062,754.95 641,  594,397.75 185,000,000. 00 49,886,969.15 13,148,624.38 176,005,000.08 2,902,170.95 123,961,014. 24 4, 849, 734.  55 20,  950,019.42 7,  473.35 19,323,  723.66 15, 996.  40 99,  799, 916.31 3,  507, 762.08 8,280,197. 99 1, 290,043.10 33,820,141.  29 15,158,129. 77 43,579.  29 814,327.39 Past due 2 $23,725.55 28,516,378.89 4,501,533.12 1,843,074.65 744,  111.  45 7,473.35 17,937.  27 15,996.40 250.00 43,579.29 Due this year $2,794,145.76 313,687.65 526,944.97 939,994.49 4,869,927.38 661,269.96 To be repaid over a period of years by agreement $13,  717, 689.48 6,807,049.65 15,006,165.09 3,064,935.37 40,  275,974. 93 4,  675,073. 22 515,190.61 3,  952, 926.  61 16,062,  754.95 641,  694,397. 75 185,000,000.00 49,888,  969.16 12,  622, 679.41 171,503,466.96 119,101.81 118,346, 975.41 4,849, 734. 65 20,  950,019.42 19,305,786.39 99,  799, 916.31 3,  507, 762.08 8, 280,197. 99 1, 290,043.10 33,158,  621.33 15,158,129. 77 8i4,327.39 H3 > lr fel OQ Footnotes  at end of  table. O Fiscal Year Ended June 30, 1953  TABLE  114.—Summary oj amounts hilled, collected, and balances due ihe United States under lend-lease and surplus property repayment ^ agreements (World War II), as of June 30, 1953—Continued § Country Thailand Turkey Union of South Africa... Union of Soviet Socialist Republics United Kingdom and colonies _ Yusroslavia American RepubUcs American Red Cross Federal agencies.. Military withdrawals.-Miscpllaneous items United Nations ' Relief and Rehabilitation . Total Amount billed (net) $7,014,732.00 14,493,  252.47 117,929,098.27 271,391,692.08 959,191,201.  82 963,376.50 133,  646,729.11 2,023,386. 90 242,089, 980. 01 187,629.76 1,472,077.38 7, 226,762. 25 4,696,374,053.32 Credits CoUections United States dollars (less refmids) $2,201, 562.  63 11,036,156.81 116,516,848. 27 SO, 473,  451.  58 139,091,790. 05 63,376.50 ioo, 307,944. 62 2,023,386.90 242,068,049. 58 649.00 1,136,  573.15 7, 226,762. 25 1, 731,845,608.14 Foreiga currency $2,427,197. 62 2, no,  714. 28 242,487. 98 16,018, 544. 74 16,300.00 9, 436,194.69 186,980. 76 335,  504. 23 196,  957,  484.83 Other credits $651,168.45 1,  269,  799.84 923,186. 68 154, 635,335. 62 623,065. 20 154,183.  21 318,  626, 793.83 Balances Advance payments by foreign governments 1 $3,763.89 3,  596,189.89 Due United States Total $1,734,803.30 76,  581.  54 246, 575.34 240,918, 240. 50 649, 445,  53 L 41 260, 634.80 23,  752,170.48 21,  930. 43 2, 452,  540,356.41 Past due 2 $34,087.06 13,  099,  541.39 4,016,006.82 62,862,  695.  24 Due this year $5,285,171.29 1,780.33 21,930.43 15,  413,832.16 To be repaid over a period of years by agreeraent $1,734,803. SO 42,  494.48 246, 575.34 222, 533,  527.82 649,445,531.  41 260, 634.80 19,  734,383.33 2,384,263,829.01 1 Represents cash received from foreign governments tn excess of bUlings under cash advance agreements. 2 The majority of iteras listed as Past due represent billings considered past due as of July 1, 1952, and, also, items which are the subject of negotiations between the foreign governments and the Department of State. CO Ox tei O t-3 O M teJ Ul tei o tei. > o u tei tei > Ul d Fiscal Year Ended June 30, 1953

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Jul 25, 2017

64426_1965-1969

Jul 25, 2017
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