File No. 841.51/55
The Assistant Secretary of the Treasury ( Crosby ) to the Secretary of State
My Dear Mr. Secretary: In the absence of Secretary McAdoo, I have the honor to report the fact that to-day, in accordance with arrangements previously made, the British are receiving an advance of $75,000,000, this being the first advance made to that Government during the month of June. Further advances during the present month will await the return of Secretary McAdoo.
I shall be glad to hold myself at your convenience to furnish you any further information on these matters, and beg to remain
Very sincerely yours,