561.311F1/139: Telegram
The Chairman of the American Delegation to the Monetary and Economic Conference (Hull) to the Acting Secretary of State
[Received July 7—8:50 a.m.]
111. For Wallace from Morgenthau. In view of the present efforts to continue the general Conference it now seems undesirable to make a public statement. I will keep record clear by sending a letter to the other three representatives clearly stating our proposition. The letter will also inform them that in the near future we must proceed with our fall planting program and that we, therefore, reserve the right to withdraw or change our proposition after allowing a reasonable time to canvass the European situation. Will cable text of letter to you so that you can publish it when it may be useful in America and harmless here. [Morgenthau.]