860c.516/35: Telegram

The Chargé in Poland (White) to the Secretary of State

354. Department’s 289, July 2, 6 p.m., and my 295, June 1, 5 p.m.48 Based on Department’s telegram 255, June 10 [9], 5 p.m. I addressed on June 14th a note verbale containing the following sentences:

“The Department of State is not satisfied that these agreements, American Express Company and Guaranty Trust Company, do not constitute monopolies and to any monopolies it is resolutely opposed. It has therefore directed the Legation to notify the Polish Government that it would view the closing of all American financial institutions in Poland with the exception of one or more arbitrarily selected as an action unfriendly to United States.”

This attitude has consistently been maintained by the Legation and every effort has been made to make the Ministry of Finance adopt this view. A reply to Legation’s note is now being drafted. When it arrives I will telegraph summary. …

  1. Latter not printed.