600.0031 World Program/32
Memorandum by the Secretary of State
After the Japanese Ambassador had concluded briefly presenting me with a Memorandum on another subject78 during his call this afternoon, I inquired whether his Government was still interested in the development of more suitable world trade relations and a larger volume of international trade generally. He promptly replied in the affirmative. I then briefly reviewed the necessity for the success of the broad program which this Government is pursuing, instead of narrow cut-throat bilateral methods alone, such as are being pursued today, especially in Europe with the result that her international trade will probably be less this year than last, notwithstanding the large volume of purely war trade being conducted. The Ambassador expressed real interest in the success of our program and referred to the fact that his Government had cooperated in several instances with which I was familiar. I thanked him very heartily for this degree of valuable cooperation and again expressed my gratification that his Government is much interested in the success of the program to restore normal world trade, as nearly as possible at least, and I urged that his statesmen on suitable occasions might see their way clear to proclaim this broad doctrine as did Dr. Schacht79 some weeks ago in Berlin.
- See memorandum of September 3, by the Secretary of State, vol. i, p. 136.↩
- German Minister of Economics and President of the Reichsbank.↩