Czechoslovakia: Anvil of the Cold War

By John O. Crane; Sylvia E. Crane | Go to book overview
Save to active project

21 The Communist Coup (1947-48)

A glimmer of some improvement in relations was announced to Washington, indecisively, by Ambassador Laurence Steinhardt on November 13, 1947, in his report of his conversation with Hubert Ripka, "moderate" Socialist minister of foreign trade. This reputable minister had "stated that if a $20 million cotton credit could be obtained from the U.S. in the near future, he was in a position to assure me that [the] Czechoslovak Government would promptly settle large American claims for nationalized property." Steinhardt speculated that otherwise "there was little hope for a settlement. I would not be averse to extension of cotton credit provided there is a really worthwhile quid pro quo." Ripka had told Steinhardt in confidence that the "Soviets had already informed him of a significant shortfall in their promise to deliver 20,000 tons," which would now be reduced to 14,000.1

Just at this time, Jan Masaryk was in Washington, accompanied by Ambassador Juraj Slávik, meeting with U.S. Secretary of State George C. Marshall and Jacob Beam, in charge of Central European Affairs. The department had that day received Steinhardt's telegram. On the table for discussion were the long deferred cotton credit and the retention by the Western Powers' Tripartite Control Commission of a gold pool in Germany, in which Czechoslovakia had a frozen $50 million claim.* The Czechoslovak application for the long-term loan

____________________
*
This gold had been taken by Hitler from the Czechoslovak treasury after the occupation on March 15, 1939, and it subsequently was transferred to U.S. possession. The U.S. government retained the gold for use in compensating Czechoslovaks who became American citizens, whose enterprises were nationalized. (Told to Sylvia

-308-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited page

Bookmark this page
Czechoslovakia: Anvil of the Cold War
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen
/ 358

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?