The Secretary of State to the Secretary of the Treasury ( Morgenthau )

My Dear Mr. Secretary: With reference to your letter of May 20, 1942, I shall be happy to have the Department of State take an active part in a study of your interesting proposal for the creation of a Stabilization Fund for the United and Associated Nations and an International Bank for Reconstruction and Development. I shall also be glad to have a continuing contact established between this work and the work of the now functioning Advisory Committee on Post-War Foreign Policy.

I have designated Mr. Leo Pasvolsky and Mr. Herbert Feis to represent the Department of State at your meeting on Monday, May 25, at 3:00 p.m.

Sincerely yours,

Cordell Hull