862.48/126: Telegram
The Secretary of State to the Commissioner at Berlin (Dresel)
Washington, April 22,
1920—2 p.m.
162. Your 291 April 9, 3 p.m. and our 144, April 17. Barnes has written us in reference to your cable that Grain Corporation cannot sell any wheat or flour on credit to Germany. It has no stocks unsold wheat and stocks of flour so reduced that no further credit can be given under the present conditions and also that due to insistent foreign buying wheat prices now 60 to 70 cents above government guaranteed price, and therefore desirable that Germany should supply its food needs elsewhere.
Colby