Foreign Relations of the United States, The Soviet Union, 1933–1939

800.51 W89 U.S.S.R./62: Telegram

The Secretary of State to the Ambassador in the Soviet Union (Bullitt)

Washington, May 25, 1934—7 p.m.

98. Your [Our] 92²³ and [your] 104, both May 24. Am writing fully respecting notice by Treasury and private credits after discussing latter with Peek. Assume you will consider it unwise to do anything to encourage such credits, because, if Soviet can thereby supply its needs, it will become less anxious to carry negotiations to conclusion.

You are in best position to determine whether to await further proposals or yourself make some approach.

You may think it wise to create impression that unless agreement is reached construction of buildings and establishment of consulates may not be undertaken.

Hull

23. Not printed.