800.51W89 Czechoslovakia/225

Memorandum by the Secretary of State

The Minister of Czechoslovakia called and stated that in accordance with a previous understanding with the President,57 he had returned from his protracted visit to Czechoslovakia and had brought with him the data pertaining to the intergovernmental debt due the United States Government from his government. He said he was ready to enter upon conversations or negotiations looking towards the reduction of the debt on grounds of lack of ability to pay. He added that he would not attempt to interfere with the present negotiations with the British and that to avoid this he had been preparing as a preliminary step to submit certain papers which might be examined and digested by American experts previous to regular conversations a little later. I assured him that I would get in touch with Treasury officials and advise him further as to definite steps looking towards the carrying out of the proposed debt negotiations with him speaking for his government.

C[ordell] H[ull]
  1. No record of this “previous understanding” has been found in Department files.