860f.51/435: Telegram

The Minister in Czechoslovakia (Einstein) to the Secretary of State

52. Your 43, my 50. Commercial attaché reports that Zell of New York Trust Company made positive statement to him that credit of $12,000,000 had actually been made to Czechoslovak Banking Office. This statement was made by Zell because of his interest in trying to ascertain if Federal Reserve Bank had made similar credit.