462.00 R 296/837: Telegram
The Secretary of State to the Ambassador in France (Herrick)
18. L–190 for Logan. Department’s L–189, January 9, noon. In view of Churchill’s willingness to settle on basis of 55,000,000 gold marks cash priority to commence September 1, 1926, for our Army costs account, you may accept this provided that there is added suitable percentage participation in “reparations account” that will yield minimum of 45,000,000 gold marks, making a minimum total of 100,000,000 gold marks during a normal year, and proportionate payments prior thereto.