860c.516/22: Telegram
The Acting Secretary of State to the Chargé in Poland (White)
[Extract]
Washington, May 25, 1920—11
a.m.
223. Your 261, May 10, 5 p.m.45
[Page 417]- 1st.
- Department would gladly see remittance business largely centralized in the hands of responsible companies, but any monopolistic arrangement by which dealing in remittances by other legitimate American houses would be deemed illegal by the Polish Government would be contrary to well-established principles for which Department has always contended, and could not be agreed to.
- 2d.
- Department regards amelioration of remittance situation as of prime importance. It considers that the problem is one of efficiency and personnel in the Polish banks, private and governmental, and must be solved at the Polish end if at all. Department believes that this problem must immediately be met and solved. Department considers that Polish Government, by interfering with legitimate business of branches of American banks desirous of effecting remittance payments promptly, is causing useless suffering to those who need financial assistance from American friends, thereby making more difficult the relief work of which this Government has hitherto been an earnest advocate. Please inform Foreign Office in this sense.
. . . . . . . . . . . . . .
Polk
- Not printed.↩