891.51/558: Telegram
The Minister in Iran ( Dreyfus ) to the Secretary of State
[Received February 25—4:07 a.m.]
207. Following is an urgent request of the Iranian Government which believes transmission through State Department is only method which would insure a reply by March 3. Department’s attention and reply will be appreciated.
In order to provide reserve for urgent note issue, Bank Mellie Iran as Central Bank desires to obtain confirmation that upon opening account with Federal Reserve Bank of New York $8,000,000 of present Iranian dollar balances would be convertible into gold, under provisional regulations issued under Gold Reserve Act 1934. This has no relation to negotiations being conducted by Iranian Minister in Washington regarding financial agreement. Bank Mellie Iran would appreciate reply before March 3.