121.5767/5: Telegram
The Minister in Iran (Dreyfus) to the Secretary of State
Tehran, August 25,
1943—1 p.m.
[Received August 26—10:44 a.m.]
[Received August 26—10:44 a.m.]
882. Department’s No. 380, July 29. For Morgenthau Treasury from Gunter.
- 1.
- Millspaugh and Ebtehaj prefer that the Bank Mellie not be made a party to the stabilization agreement, but that the Bank be brought into the agreement only as fiscal agent.
- 2.
- In drafting the section of the agreement relating to consultation before any alteration in the dollar rial rate of exchange, due consideration should be given to the provision in the Anglo-Iranian financial agreement requiring Iran automatically to revise the dollar rial rate if dollar sterling rate should be changed. Anglo-Iranian agreement has passed Medjliss.
- 3.
- After the question of the stabilization agreement has been disposed of Iran may reopen negotiations for financial agreement. The desire for such an agreement is primarily political. Millspaugh and Ebtehaj have objected to several provisions of the draft4 as originally submitted on the grounds that they are not mutual. I will submit report on this. [Gunter.]
Dreyfus