Foreign Relations of the United States: Diplomatic Papers, 1942, General; the British Commonwealth; the Far East, Volume I

800.6354/352: Telegram

The Chargé in the United Kingdom (Matthews) to the Secretary of State

London, April 10, 1942—11 p.m.
[Received April 10—6:04 p.m.]

1766. Embassy’s 1746, April 10.

1. Spoke to Campbell at end of International Tin Committee meeting today. He tells me Committee voted (a) that it was prepared to recommend renewal of agreement to interested Government subject to reservations of Bolivian Government outlined in section 3 of number 1746; and (b) unanimously recommended liquidation of buffer stock funds amounting to about 2½ million sterling by repayment of money in proportion to respective contributions with exception of Siam which will go to the custodian of enemy property and Indochina which will probably be placed in trust.

2. With regard to Bolivian reservation about Metals Reserve contract with International Tin Committee, Campbell stated Committee felt that it had been framed for objectives now unobtainable under circumstances and conditions which have ceased to exist. Committee was therefore willing to approach Embassy to ask it to take up matter with Metals Reserve.

Matthews