The Ambassador in Italy ( Phillips ) to the Secretary of State
[Received July 10—8:45 a.m.]
320. My 318, July 7, 2 p.m.14 In a further conversation with Senator Giannini today he stated that the Italian Government would now be prepared to accept the American exchange proposals contained in article 8 of the proposed conventions provided it could receive some assurance regarding the possibilities of subsequently concluding a trade agreement. Senator Giannini again stated that he hoped that it would be possible to obtain further information regarding the American views with respect to the Italian suggestions for a trade agreement. He added that while he himself would be absent from Rome for the next 3 weeks he would return if necessary to conclude the negotiations.
- Not printed.↩