561.311F1/82: Telegram
The Ambassador in Great Britain (Bingham) to the Acting Secretary of State
[Received June 2—3:05 p.m.]
166. For Secretary of Agriculture from Morgenthau. Full meeting today. Australian, Argentine representatives indicate willingness to agree to uniform percentage of acreage reduction, probably 12½ percent to 15 percent, provided United States agrees to remove menace of surplus liquidation by limiting annual exports during the existence of agreement to 100 to 125 million bushels.
They are interested to know how you would proceed to control exports if this proposal acceptable. Canadians assent to this suggestion and inform us Bennett19 on arrival June 9 will take up the matter with me. There is a possibility of our consummating tentative understanding on 12th. We then intend to jointly confer with representatives of European states. Shall report fully to Hull on his arrival. [Morgenthau.]
- Richard B. Bennett, Canadian Prime Minister.↩