TABLE 109.-World War I indebtedness, payments and balances due under agreements between the United States and Germany as of June 30, 1960 1 Excludes 489,600,000 reichsmarks canceled under the agreement of Feb. 27, 1953 (see note 5). The funded indebtedness was converted to U.S. dollars at the rate of 40.33 cents to the reichsmark. 3 Represents interest accrued under unpaid moratorium agreement annuities in the amount of 5,289,989 reichsmarks. Includes 4,027,611.95 reichsmarks deposited by the German Government in the Konversionskasse fur Deutsche Auslandsschulden and not paid to the United States in dollars as required by the agreement. Under the agreement of Feb. 27, 1953, the United States agreed to cancel and deliver to the German Government 24 reichsmarks bonds of 20,400,000 reichsmarks each, issued under the agreement of June 23, 1930, and receive 26 dollar bonds amounting to $97,500,000. These bonds mature serially over a period of 25 years beginning Apr. 1, 1953. The first 5 bonds are in amounts of $3,000,000 each, the next 5 in amounts of $3,700,000 each, and the remaining 16 in amounts of $4,000,000 each. TABLE 110.-Outstanding indebtedness of foreign countries on United States Government credits (exclusive of indebtedness arising from World War I) as of June 30, 1960, by area, country, and major program TABLE 110.-Outstanding indebtedness of foreign countries on United States Government credits (exclusive of indebtedness arising from World War I) as of June 30, 1960, by area, country, and major program-Čontinued 1 Does not include loans of less than 3 years duration extended under authority of section 106(b) of the Mutual Security Act of 1954, as amended (22 U.S.C. 1816), for sale of military equipment by Government agencies, and loans of less than 10 years duration under section 103(c) of the act, as amended, for which detailed data are not available pending revision of security classification. 2 Data on lend-lease, surplus property, and settlements for grants include approximately $964,000,000 for surplus property and other credits outstanding and administered by Federal agencies other than the Treasury Department, and exclude about $86,000,000 in defaulted short-term "cash" credits and deferred and otherwise past due interest. They also exclude the value of silver received by the U.S. Government ($10,000,000) but not completely recorded in the accounts of the Treasury Department as of June 30, 1960. SOURCE: U.S. Department of Commerce, Office of Business Economics. Balances due United States TABLE 111.-Status of accounts under lend-lease and surplus property agreements (World War II) as of June 30, 1960 PART I.-SUMMARY OF AMOUNTS BILLED, COLLECTED, AND BALANCES DUE THE UNITED STATES 115, 700, 794. 02 8, 351.28 261, 185, 964. 00 1,656, 638. 01 19, 440, 619.66 Footnotes at end of table. U.S. dollars (less refunds) $34, 170, 930. 90 2,781, 022. 62 Foreign currency (in U.S. dollar equivalent) $6,068, 165. 50 6,375,000.00 10, 900, 728. 53 5, 160, 577. 14 563852-61-45 TABLE 111.-Status of accounts under lend-lease and surplus property agreements (World War II) as of June 30, 1960-Continued PART I-SUMMARY OF AMOUNTS BILLED, COLLECTED, AND BALANCES DUE THE UNITED STATES-Continued Union of Miscellaneous items... Footnotes at end of table. |