800.51W89 Czechoslovakia/215
Memorandum by the Assistant Secretary of State (Moley)
The Czechoslovak Minister called to consult me with regard to the payment of the installment in silver and I laid down the following rule to be followed in connection with this payment and payments of a similar nature from other countries. Under the terms of An Act, Public, Number 10, 73rd Congress, House Roll 3835, Title Number 3, Section 45, approved May 12, 1933,55 the President has authorized me to say to the representatives of those countries who desire to pay all or part of their installments in silver, that he will accept silver at fifty cents an ounce. I stated further that it was our policy not to indicate where the silver should be purchased or at what price.
- 48 Stat. 53.↩