800.51 W 89France/50: Telegram

The Secretary of State to the Ambassador in France (Herrick)

[Paraphrase]

2. Your 614, December 30, 7 p.m., and 1, January 1, 5 p.m. Department appreciates your suggestion and will refrain from comment to press as far as possible. The press here have information, however, to effect that France has made definite offer which includes 10-year moratorium followed by payment through 80 years at rate of one-half 1 percent. As the press here is dealing extensively with matter on Paris source of information, it may be difficult, if not impossible, to regard contents of note as confidential. Please telegraph full text.

Hughes