862.51 Bondholders/216: Telegram
The Ambassador in Germany (Dodd) to the Secretary of State
Berlin, November 28, 1934—10
a.m.
[Received November 28—9:05 a.m.]
[Received November 28—9:05 a.m.]
223. No answer so far to your 131, November 21, 2 p.m., but official news agency after giving very brief summary of American note observes that real point at issue is not that raised but practical question of transfer. Only way to obtain enough foreign exchange is to increase exports: all efforts German Government to enter into negotiations to this end unavailable: Germany is not the only debtor country unable to pay the United States.
Dodd