Office of the Historian

561.311F1/140: Telegram

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

London, July 7, 1933—4 p.m.
[Received July 7—11:30 a.m.]

113. For Wallace from Morgenthau. In view of the fact that Bruce cannot secure Australian grain States consent acreage reduction do you prefer no agreement whatever or are you willing to permit Australia to substitute agreement on export maximum with provision that no stocks will be accumulated intact? Australian Government has mentioned denaturing any excess wheat but it is entirely possible that Government can before seeding time convince State governments and farmers on the principle of acreage reduction.

Inform Morgenthau, [Jr.,] Haas sailing July 13 steamship President Roosevelt. [Morgenthau.]

Hull