893.51/2262: Telegram

The Ambassador in France (Wallace) to the Acting Secretary of State

764. Your 8546, June 11, 10 a.m. Lamont is leaving for London to-day and will confer there with British group. Addis14 of that group has informed Lamont that no necessity for action prior to June 18th is evident by reason of the fact that: “British and Japanese groups have agreed to resume among themselves the provisions of the agreement for a period of one year or until the new consortium has been formed.” Addis evidently assumes the acquiescence without formal meeting of the American and French groups of this renewal agreement. Lamont will inform me more fully after his conference in London on Monday. Meanwhile suggests you communicate with American group and ascertain if they are in accord with Addis proposal for renewal as approved by British and Japanese groups but not hitherto, according to Lamont’s information, communicated to American group.

Lamont approves form of proposed note to Pichon and manner of explaining situation to him but may possibly have some modification or further suggestion after conferring in London. Marshall states that Japanese representative here because of lack of instructions from his Government, which he states he is unable to receive in time, cannot take part in a meeting held on or before the 18th. It therefore seems advisable to postpone my conversation with Monsieur Pichon until Lamont reports from London the result of his interviews.

Wallace
  1. Sir Charles S. Addis, manager of the Hongkong and Shanghai Banking Corp.