892.24/60½

Memorandum by Mr. Willys R. Peck of the Division of Far Eastern Affairs48

Attached are copies (or paraphrases) of two telegrams49 recently received by the British Embassy from Mr. Doll (British), Financial Adviser to the Thai Government. They were brought to FE50 by Mr. Dening51 on August 7, 1941.

The shorter message recounts the efforts of Mr. Ono, described in the longer message as Financial Adviser to the Japanese Government and Financial Adviser Designate to the Thai Government, to link Thai finance with Japanese finance.

The longer message describes the draft Credit Agreement that resulted from Mr. Ono’s efforts. The message contains, also, important comments on the struggle of Thailand against Japanese economic and financial invasion, and the urgent necessity for assistance from Britain, the Netherlands East Indies and the United States if the struggle of Thailand to escape Japanese domination is to succeed.

  1. Initialed by the Chief of the Division (Hamilton).
  2. Neither printed.
  3. Division of Far Eastern Affairs.
  4. Maberley E. Dening, First Secretary of the British Embassy.