Excerpts from two letters from members of Congress to U.S. Secretary of the Treasury Donald Regan opposing possible U.S. support for a proposed loan to South Africa from the International Monetary Fund, arguing that the U.S. is acting on political rather than economic grounds. The letters are from Howard Wolpe, Chairman of the House Foreign Affairs Committee Subcommittee on Africa (October 18, 1982), and seven members of the Congressional Black Caucus who serve on various committees of the House of Representatives with oversight of U.S. policy toward the IMF (October 19, 1982, names not identified).
