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

My Dear Mr. Berle: This is in reply to your letter of August 4, 1943,40 (NE 884.51/66) relative to the request of the Government of Ethiopia for financial assistance, and enclosing two memoranda submitted by Mr. Deressa, Vice Minister of Finance of Ethiopia.

At the request of the State Department the Treasury has previously discussed with Mr. Deressa the problem of currency stabilization. In view of the desire of the State Department to accommodate the Ethiopian Government as far as may be practicable, the Treasury will give sympathetic consideration to the requests of the Ethiopian Government for financial assistance in the stabilization of its currency and the development of its economy.

I am asking Mr. White to arrange for a meeting at the Treasury on these financial questions.

Sincerely yours,

H. Morgenthau, Jr.
  1. See footnote 35, p. 109.