Office of the Foreign Liquidation Commissioner $2.78 million out of the $125.0 million grant authorized by the China Aid Act of 1948. (See item 4.) The remaining $3.93 million was paid to the United States Government; however, the source of these funds is not known. 10. Office of Foreign Liquidation Commissioner sale of civilian surplus property (bulk sales agreement) Under an agreement dated August 30, 1946, the Office of the Foreign Liquidation Commissioner sold to the Chinese Nationalist Government surplus property located in China and on various islands in the Pacific. Total acquisition cost of the property covered by this agreement was $842 million, according to the records of the Department of State. The total sales price was $175 million. Of this amount $120 million was offset against obligations of the United States Armed Forces to the Chinese Government, and $55 million represents a Chinese obligation to be paid in local currency for real property to be acquired in the future for United States diplomatic and consular establishments and for the expenses of educational programs under the Fulbright Act (Public Law 584, 79th Cong.). 11. Office of Foreign Liquidation Commissioner dockyard facilities sales The procurement cost of the property transferred under this sale was $11.5 million and the sale price was $4.1 million, according to the records of the Department of State. 12. Maritime Commission ship sales The Maritme Commission sold the Chinese Government 43 vessels for a total sales price of $26.2 million under the Merchant Ships Sales Act of 1946. Of this amount $16.4 million was on Maritime Commission credit terms. The balance of $9.8 million was paid in cash, obtained in part through our Export-Import Bank credit. (See item 14.) The total wartime procurement cost of the 43 vessels was $77.3 million. This information was taken from page 1049 of the Department of State's United States Relations with China. 13. Assistance by American Red Cross; 15. Economic Cooperation Administration program; 16. United States foreign relief program (Department of State) The amounts indicated above regarding the aid furnished under these programs were obtained from Foreign Transactions of the United States Government released in January 1952 by the Department of Commerce, Office of Business Economics, Clearing Office for Foreign Transactions. 14. Export-Import Bank credits Amounts reflected in this report were obtained from the Export-Import Bank. 17. United Nations Relief and Rehabilitation Administration-United States Contribution; 18. Board of Trustees for Rehabilitation Affairs The values cited are from United States Relations With China (Department of State), page 1043. 19. Stabilization Fund Agreement, 1941 (Department of Treasury); 20, 1942 Treasury credit (Public Law 442, 7th Cong.) The amounts of aid reported under these agreements are in accordance with the records of the Department of the Treasury. 21. Chinese student assistance (Department of State) The amount of aid reported under this program is in accordance with records of the Department of State. STATEMENT 1.-Statement of lend-lease aid provided to the Government of China as of Dec. 31, 1951 Army (includes Air Force): Navy. Treasury. Maritime.. All other. TRANSFERS PERIOD SEPT. 2, 1945, TO JUNE 30, 1946 Army (includes Air Force): Navy. Treasury. Maritime.. All other.. TRANSFERS SUBSEQUENT TO Army (includes Air Force): Navy.. STATEMENT 1.-Statement of lend-lease aid provided to the Government of China as of Dec. 31, 1951-Continued Total. 1, 627, 572, 442. 83 271, 056, 641. 34 231, 007, 604. 57 190, 246, 631. 76 85, 501, 906. 69 146, 575, 782. 98 9, 965, 002. 07 84, 424, 042. 84 1 Includes net commanding general shipments. 206,732. 51 608, 588, 098. 07 741 STATEMENT 2.-Materials and services provided under Sino-American cooperative organization agreement Total-- $14,284, 068 1, 320, 664 957, 782 585, 045 200, 000 159, 494 79, 304 63, 449 14,747 2, 310 67 17, 666, 930 STATEMENT 3.-Transfer of United States naval vessels under Public Law 512, 79th Cong. |