763.72119/10266: Telegram

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

1438. B–105. For Boyden.

Your B–189, August 5.

1.
Paragraph 2. Department wishes to be kept fully informed in regard to bonds issued by Germany in connection with coal advances. Information is especially desired on plans to guarantee and negotiate these bonds. Why does England intend to hold her share? To the extent that these bonds shall be repaid by Germany before May 1, 1921, amount should be deducted from twenty milliards stipulated in Article 235. Consistent attitude of this Government should be that Germany cannot be called upon to pay total of more than this amount under any circumstances.
2.
Paragraph 3. Department agrees that Germany is free to utilize for payment of advances any assets available. With regard to implication in your formal statement that position of United States is [Page 430] not affected by terms of Spa protocol, our views are fully stated in our answer to your B182 and B173.85
Davis
  1. Ante, pp. 415 and 403, respectively.