800.51W89 France/913

The Acting Secretary of State to the French Ambassador ( De Laboulaye )

Excellency: The Government of the United States acknowledges receipt of the note of the French Government setting forth its attitude concerning the debt obligation due on June 15th to this Government. It notes that the French Government has failed to meet in whole or in part the installment due on existing debt agreement between the French Government and the Government of the United States.

The Government of the United States must, in all frankness, call attention to the problems raised by the failure of the French Government to meet the payment due on December 15th, 1932 which have not yet been solved or even discussed between the two nations.

Accept [etc.]

William Phillips