462.00 R 296/477: Telegram
The Ambassador in Great Britain (Kellogg) to the Secretary of State
[Received August 5—1:30 p.m.]
314. (1) Conference has just circulated proposed resolution offered by French delegation calling for a meeting of Financial Ministers of the Allied Governments in Paris immediately after the close of the London Conference for the purpose of settling question of allocation of payments received from Germany since January 1st, 1923, and also allocation of payments during first years of the operation of the Dawes Plan.
(2) In view of fact that resolution by its terms indicated that only Allied representatives were to be present, have immediately filed letter with secretary general of the conference43 stating that while American delegation approves proposal of a conference in Paris for purposes indicated nevertheless considering the fact that payments to be allocated run from January 1st, 1923, a period to which pending Army Costs Agreement is applicable and also include payments under Dawes Plan, the United States is interested [Page 55] under the terms of section XI, part I, of the plan and should therefore participate in the proposed conference as the only Associated Power. I indicated that this is in harmony with provisions of report of second committee, as reported paragraph 4 my 283,44 and the claims of the United States include Army costs and war damage claims now being adjudicated.