464.00 R 29/37: Telegram
The Secretary of State to the Ambassador in France (Herrick)
444. L–16. For Logan. Your letter of November 8.
The Department has noted the provisions of article 124, Treaty of Neuilly, and after considering the questions involved is unable to see how the Bulgarian treasury bills Hungary has turned over to the Reparation Commission could be realized on by the states parties to that treaty. Though the Government of the United States maintains its right to have an effective voice in the disposition of Hungary’s assets, the title to which under article 196 of the Treaty of Trianon is transferred to the Allied and Associated Powers, this Government does not desire to have a part in the matter of disposing of these treasury bills.
In an appropriate way you may make the position of this Government in the matter clear.