862.51/2088: Telegram

The Ambassador in Germany ( Schurman ) to the Secretary of State

188. From Gilbert. Reference Department’s 184 of October 17th.

“Have received from Ambassador October 19th copy of your telegram quoting specimen letter used by Department in addressing bankers interested in German loans. Should appreciate word as to whether Department is still using this form of letter. Am receiving [Page 180] continued inquiries here from representatives of American banking houses most of whom interpret Department’s letter as designed to discourage all German loans whether productive or unproductive. Am replying to all inquiries that State Department has been informed of Transfer Committee’s position and that position remains unchanged.”

Schurman