The Ambassador in France ( Edge ) to the Secretary of State
[Received June 4—11:40 a.m.]
161. My 146, May 17, noon. The informal conferences were resumed yesterday and were attended by the same eight persons mentioned in the above telegram. The negotiations have reached a point where the French Government has submitted a draft convention which they are willing to adopt. While unsatisfactory in details, it is possible that the draft may be so modified as to become acceptable to the American experts and business interests. A final draft of agreement will probably be ready for submission to you early next week.