File No. 861.51/300

The Commercial Adviser of the British Embassy (Crawford) to the Counselor for the Department of State (Polk)

Dear Mr. Counsellor: The Foreign Office advise us that consideration is being given as to what action should be taken in respect of funds in the United Kingdom standing to the credit of the late Russian Government. The greater part of such funds would seem to be made up of sums originally advanced to the late Russian Government by Great Britain and it is considered that they should rightfully revert to the British Government, pending a final settlement with any stable government which may eventually be established in Russia.

We are instructed to ascertain the views of the United States Government in regard to this matter and to enquire what action it is proposed to take in respect of any similar funds in the United States.

Believe me [etc.]

Richard Crawford