| Description | United Kingdom (UK)/USSR Financial Agreement considered, July 1942. Correspondence with Treasury (HMT) and United Kingdom Commercial Corporation. Turner and Hubbard (Bank) to Moscow Aug-Sep 1942. Inter-government agreement signed 16 Aug 1942. Trade to be financed in sterling through State Bank's account with Bank of England. Any shortage of sterling to be eliminated once a quarter, partly by sale of gold or dollars and partly by United Kingdom (UK) advances to Russian government. Inter-central bank agreement signed 3 Sep 1942, folio 145. Insurance problems. Supplies to Russia. Operation of State Bank's account at Bank. Shipping freights. |