800.515/573: Telegram

The Ambassador in the United Kingdom (Winant) to the Secretary of State

2418. For Secretary of the Treasury from Casaday. Embassy’s 2395, April 5, 1 p.m. and previous. Most London papers today carry reports of Secretary Morgenthau’s testimony on the postwar currency proposal yesterday before the Senate Committees29 together with reports of the reactions of various individual Congressmen. For the most part, editorial comment here is favorable but there is some criticism of the fact that the proposal makes no mention of tariff reduction.

A British Treasury official telephoned this morning stating that he has heard that the American proposal is to be published today at 3 p.m. Washington time. In this connection he repeated his offer to have the text printed here in order to provide earlier English distribution. [Casaday.]

  1. For text of statement by the Secretary of the Treasury April 5, 1943, before the Senate Committees on Foreign Relations and Banking and Currency and the Special Committee on Postwar Economic Policy and Planning, see World Peace Foundation, Documents on American Foreign Relations, 1942–1943, vol. v, p. 649.