195 Code/193

Memorandum by the Assistant Secretary of State (Sayre) of a Conversation With the Greek Minister (Simopoulos)

The Greek Minister called in order to express the concern of the Greek Government with reference to the proposed insertion in the shipping code of provisions concerning the fixing of minimum rates for the carriage of cargoes on foreign ships departing from American ports. He expressed the feeling that not only would this be detrimental to foreign commerce in general but that it would be extremely unsettling in the shipping world and would be too likely to result in recriminatory action by various foreign countries. He therefore expressed the strong hope on the part of his government that no such provisions would be inserted in the shipping code.

F[rancis] B. S[ayre]