550.S1/472: Telegram
The Consul at Geneva (Gilbert) to the Secretary of State
[Received January 19—4:55 p.m.]
9. From Day and Williams. Preparatory Commission adjourned today. Meeting more satisfactory than expected. Report being released to the press immediately. Proposed conference program includes monetary stabilization, improvement of world prices including agricultural prices, relaxation of exchange controls, the question of silver, progressive abandonment of trade restrictions and the moderation of excessive tariffs.
Report states debt settlement must have been reached or be in prospect if Conference is to succeed. Report stresses necessity concerted action on all parts of problem and avoids as far as possible question of priority among parts. We sail on Leviathan January 20. [Day and Williams.]