Foreign Relations of the United States: Diplomatic Papers, 1942, The Near East and Africa, Volume IV

891.515/15

The Chief of the Financial Division (Livesey) to the Financial Counselor of the British Embassy (Stopford)

Washington, April 4, 1942.

My Dear Mr. Stopford: The Department has carefully considered the suggestion in your letter of March 17, 1942²⁸ that the United States Minister in Tehran be authorized to support the British Minister in resisting an increase in the pound sterling value of the rial. It does not appear to the Department, however, that our intervention with the Iranian authorities with regard to this matter would be advisable at this time.

Sincerely yours,

Frederick Livesey

28. Not printed; for substance of letter, see telegram No. 75, March 23, 11 p.m., to the Minister in Iran, p. 300.