File No. 841.51/58

The Ambassador in Great Britain ( Page ) to the Secretary of State

[Telegram]

6545. The Chancellor of the Exchequer sought me late yesterday and showed me a telegram from Lever 1 reporting Lever’s disappointment at failing to receive an expected installment of loan when he called at the Treasury Department in Washington a few days ago. Mr. Bonar Law expressed to me the hope that this disappointment may turn out to be only temporary. In the course of the conversation he informed me that no definite arrangement had been made about the total amount to be lent. Such a definite arrangement including dates of payment might save further disappointments. I ought to add in justice to Bonar Law that he showed utmost appreciation and no disposition unduly to depend on us.

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  1. Sir S. H. Lever, British Financial Secretary to the Treasury.