The German Ambassador (Von Prittwitz) to the Secretary of State

St. D. A. 11

Mr. Secretary of State: Under instructions from my Government, I have the honor to transmit to Your Excellency the following statement referring to the agreement on delayed payment of the payments for costs of occupation which fell due on September 30, 1931, and March 31, 1932, which is to be signed today:51

In view of the change for the worse in the economic situation in Germany since the initiative of the President of the United States in June of last year, the German Government desires to emphasize that in making this agreement as to the delayed payment of the costs of occupation it expresses no opinion as to whether Germany can actually fulfill the obligations named therein or similar obligations adjusted elsewhere.

I take this opportunity [etc.]

Von Prittwitz
  1. Annual Report of the Secretary of the Treasury, 1932, pp. 292–293.