561.311F1/187: Telegram
The Ambassador in Great Britain (Bingham) to the Secretary of State
London, August 22,
1933—6 p.m.
[Received August 22—1:15 p.m.]
[Received August 22—1:15 p.m.]
248. For Wallace from Murphy. I appreciate your 219, August 21, 5 p.m., but point out under condition (4) that penalty clause was discarded by exporting countries 2 months ago and any attempt to reintroduce it would be useless.
Since demand figure has been reduced to 550,000,000 bushels your suggested 60,000,000 quota under condition (2) seems impossible. In my opinion your figure of 8½% of the total exports this season would approximate 45,000,000 bushels. Anyway may be possible. [Murphy.]
Bingham