611.4731/318

The Department of State to the British Embassy

Memorandum

Careful consideration has been given to the memorandum of March 3, 1938, of His Majesty’s Government in the Commonwealth of Australia in regard to the scope and character of the concessions which [Page 143] Australia would be in a position to offer in a trade agreement with the United States. It is believed that when the two Governments find it possible to undertake trade-agreement negotiations, the reaching of a satisfactory basis for negotiations will present no insuperable difficulties. The occasion of the contemplated mission of Australian officials to London and their plan to stop en route in the United States might be taken to explore any aspects of the subject which may appear to require further discussion.