550.S1 Monetary Stabilization/64: Telegram
The Acting Secretary of State to President Roosevelt
29. From Acheson. Your message of June 27 [28?]89 containing proposed cable to Delegation has been discussed by Phillips, Baruch and me. In the meantime messages have come from Sprague and Moley stating that they are working on proposal which is in accord with your policy as stated in your cables to Delegation of June 17 and June 20 and which will be cabled tomorrow for submission to you.
In view of these messages it seemed best to us to withhold your proposed cable to the Delegation and await message from Sprague and Moley. [Acheson.]