840.51 Frozen Credits/85: Telegram

The Minister in the Netherlands (Gordon) to the Secretary of State

8. Foreign Office has just requested me to ask you with utmost urgency if, as it hopes, under the Credit Freezing Emergency Act as extended the Netherlands it is necessary to obtain a license to effect a valid transfer of either principal or interest of the frozen asset. Foreign Office further inquires if the answer to the foregoing is in the affirmative whether or not that constitutes as effective protection as the destruction of securities under the conditions outlined in Department’s 86, May 13, 1 p.m. [a.m.]

Gordon