Office of the Historian

560.M2/355: Telegram

The Chairman of the American Delegation to the Monetary and Economic Conference (Hull) to the Acting Secretary of State

London, June 23, 1933—9 p.m.
[Received June 23—5:50 p.m.]

64. Department’s 44, June 19, 6 p.m. My judgment is that various considerations among which are the possible developments of our domestic policy and the decision of the British Government make withdrawal by the American Government from the Import and Export Prohibitions and Restrictions Convention advisable. This convention has been the subject of some discussion in the Conference which tends to indicate that it is generally regarded as being poorly adapted to the present situation and there is very little possibility that other nations may adhere to it.

I desire therefore that the Department notify the Secretary General of the League of Nations of the American withdrawal in conformity with the requirements of the convention and usual practice.

I am reluctant to take this action at the present time. It is important that it not be construed as evidence of any new decision by the American [Page 785] Government to shape its policy on domestic rather than on international lines. The note to the Secretary General besides therefore covering the formal notification should contain an explanation in substance as follows:

The Government of the United States takes this action with regret. It has been disappointed that so few governments have seen their way clear to become parties to this agreement. Furthermore, it would appear that in the judgment of many governments the convention has become somewhat unadapted to present conditions. The recent withdrawal of other governments has emphasized this conclusion.

The Government of the United States still favors a policy of abolition either outright or gradual by international action of the type of restriction in international commerce which is dealt with in the convention. It is prepared to participate in more effective action directed towards that end.

Lay this telegram before the President for final decision and direction.

Hull