Foreign Relations of the United States Diplomatic Papers, 1938, The British Commonwealth, Europe, Near East, and Africa, Volume II

851.248/67: Telegram

The Secretary of State to the Ambassador in France (Bullitt)

Washington, May 18, 1938—9 p.m.

296. Your No. 779, May 17, 2 p.m. Lamont⁵³ of J. P. Morgan called me by telephone on May 17 and informed me that the French Government had asked his company to act as fiscal agent in connection with the purchase of planes in the United States. He said that the company had accepted on the understanding that cash would be deposited in Paris, if not in this country, that no credit would be involved, and that the company would strictly adhere to the letter and spirit of all provisions of the Neutrality Act.

Hull

53. Thomas W. Lamont.