550.S1 Economic Commission/32: Telegram
The Acting Secretary of State to the Chairman of the American Delegation (Hull)
Washington, July 12,
1933—noon.
134. The President has gone over your 121 of July 11 as carefully as time would permit and wholly approves its introduction. He hopes proposal will be distinctly helpful at this time. He is confident, of course, that you will make it clear that it is being introduced only as a basis for immediate conversations and not as a final American plan.
[Page 712]Department is expediting preparation of specific suggestions to go forward promptly.
Phillips