561.311F1/107: Telegram

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

39. For Secretary Wallace from Morgenthau. Wheat meetings delayed until Bennett could participate. Held first full meeting today including Bennett, Bruce, Le Breton20 with Morgenthau presiding. Bennett did not definitely commit his Government but evidently will follow desires of three Prairie Provinces which strongly recommended to him that Canada participate in wheat agreement including acreage reduction. Bennett statement on wheat in address before general Conference was in agreement Morgenthau’s report Geneva meeting. Bruce heretofore said he could not make definite statement his position until Canadian views were known. His attitude seemed favorable. Today when Canadian views were given, Bruce expressed some concern as to method for production reduction which he might recommend to his Government. Brace’s talk had some appearance of attempt [Page 799] to improve his bargaining position. Le Breton said he would give full discussion Argentine position Monday. Morgenthau presented elaboration Geneva report including acreage reduction 15 percent first year and 10 percent second year. These figures were tentatively accepted in preliminary discussion by experts of all countries except Canada who did not participate. [Morgenthau.]

Hull
  1. Tomàs A. Le Breton, Argentine Ambassador in France.