868.51 Public Works/62: Telegram

The Secretary of State to the Chargé in France ( Armour )

[Paraphrase]

156. Reference London’s 86, April 15, 1 p.m., to the Department.

(1)
The Embassy in Great Britain has now reported that the British Foreign Office draft reply to Greece is under study in the French and Italian Foreign Offices.
(2)
It is desired that you should inform the French Foreign Office that, acting under instructions, the American Embassy at London informally brought to the British Foreign Office’s attention, before the British draft reply was prepared, the point of view of the Department to the effect that opposition to placing the Seligman loan under the International Financial Commission is not by any means clear unless it be decided that the Commission henceforth will not be allowed to undertake the servicing of any new Greek loan of any kind whatever. You should add that it is still the Department’s hope that the interested Governments will place the Seligman loan under the Commission or will inform Greece of their unalterable opposition to any further extension of the Commission’s activities.

Repeat the above to the Embassy in Italy as Department’s 38.

Stimson