840.50/783½

The British Treasury Representative in the United States ( Phillips ) to the Assistant Secretary of State ( Berle )

Dear Mr. Berle: You will remember mentioning to me the other day that you thought the time had come when it would be a useful step for you to inform the Russian and Chinese Governments that you were beginning to consider what could be done about general financial arrangements after the war, and to ask whether these Governments have any particular points to raise. We understand that it is not the intention of the United States Government to communicate to the Russian and Chinese Governments either the United States Government’s own ideas, or those contained in our proposals.

The United Kingdom Government see no objection to the action which you propose, and assume there will be no objection to their making similar communications to the Russian and Chinese Governments.

Yours sincerely,

F. Phillips