800.51W89 Finland/92

Memorandum by the Under Secretary of State (Phillips)

The Finnish Minister again brought up the question of the Finnish debt agreement and asked whether I could give him any information [Page 564] as to whether the President intended to send up the agreement to Congress.

I replied that there was nothing new that I could tell him beyond what I had said several times, namely, that I had discussed the matter with the President and that he had reached no decision; the Congressional situation was so complicated that the sending up of any debt communication, even such a satisfactory agreement as that with Finland, might inject the whole war debt situation into the political arena; I asked the Minister to have patience and it was quite clear from his attitude that he has infinite patience.

William Phillips