852.48/771

Memorandum of Conversation, by the Secretary of State

The British Ambassador,29 accompanied by Mr. N. M. Butler, Counselor of the British Embassy, called at his request. The Ambassador spoke about our proposal to supply some foodstuffs to Spain under given conditions. He said that his Government was in harmony with this view and that this was the psychological time for such action. He seemed to have in mind olive oil as one commodity that might be considered as part payment for any loan we might make for foodstuffs, adding that this would be in addition to cork and quicksilver.

C[ordell] H[ull]
  1. Lord Lothian.