840.515 Gold Bloc/60
Mr. Oscar B. Ryder, United States Tariff Commissioner, to the Secretary of State
My Dear Mr. Secretary: I am transmitting herewith two copies of the letter which I have written to M. P. Stoppani, Director of Economic Relations Sections, League of Nations, Geneva, Switzerland, in response to his request for an expression of my views on the subject of clearing agreements. One copy is for your information and the other copy for transmission to Mr. Prentiss Gilbert, American Consul at Geneva.
I expect to sail on March 13 to attend the meeting of the Joint Committee of the League of Nations for the Study of Clearing Agreements. As you know, I am acting on this Committee as a substitute for Mr. Norman H. Davis.
I shall be pleased to receive any instructions or suggestions that you may desire to give me.