800.51 W 89Rumania/55: Telegram

The Minister in Rumania ( Jay ) to the Secretary of State

[Extract—Paraphrase]

29.

. . . . . . . . . . . . . .

It is my personal impression, which I should like to have officially confirmed as far as possible through the Rumanian Legation in Washington, that the Rumanian Government, in despair at failures in the European markets, is making a sincere bid for American financial support, with corresponding advantages to us. For this reason I do not recommend too vigorous action at present, as at last the Government seems to realize absolute necessity of obtaining our good will.

Jay