800.0354/127: Telegram
The Ambassador in the United Kingdom (Kennedy) to the Secretary of State
[Received July 18—7:05 a.m.]
1014. (1) The inquiry mentioned in my 991, July 14, noon, has been referred to Todd who awaits instructions from the Iron and Steel Institute.
(2) Todd is of the opinion that it would be useless and unwise to take action before the next meeting of the Tin Committee on September 24 unless the price breaks through the upper range limit or unless stocks in the United States, particularly in the hands of consumers, are demonstrably at a level which is abnormal and dangerously low. I concur. Furthermore Todd feels that even in these circumstances it would be difficult to obtain a reconvention of the Committee due to the holiday period. However before the scheduled meeting of the Committee the Embassy will communicate with the Department, and Todd who sails for the United States on July 26, will also go to Washington.