Memorandum of Conversation, by the Chief of the Division of Near Eastern Affairs (Alling)
Subject: Various Economic Questions in Saudi Arabia
|Participants:||Amir Faisal, Saudi Arabian Minister of Foreign Affairs|
|Shaikh Hafiz Wahba, Saudi Arabian Minister to London|
Following a lengthy conference, the Amir Faisal mentioned some of the secondary matters which he wished to discuss. These were as follows:
- Silver.36 Mr. Berle furnished the Amir with the information in the attached memorandum. The Amir expressed satisfaction with the steps which we had taken to provide silver. Mr. Alling pointed out that the furnishing of silver was not a permanent solution of the financial problems of Saudi Arabia and he inquired whether the Amir had any information whether his father had taken any steps toward such a solution, such, for example, as the establishment of a bank. Amir Faisal replied that he had no precise information on this point. It was his belief that the idea of a bank had been dropped, at least for the time being. He added that he recognized that some permanent solution would be required and asked whether we had any suggestions. Mr. Alling suggested that a preliminary step might be for us to furnish the King with advice. The Amir approved of this proposal and intimated that he would discuss it with his father.
- Direct Lend-Lease. Mr. Berle furnished the Amir with the information in the attached memorandum.37
- Automobile trucks for Saudi Arabia. Again the information in an attached memorandum was furnished.37 The Amir remarked that he had had a telegram from his father intimating that the cars which had been shipped from Egypt had not arrived. It was agreed that inquiries would be made on this point.
There was a subsequent discussion regarding certain other articles needed by Saudi Arabia, including radio equipment, pumps and medicine. It was agreed that these matters would be discussed at a meeting to be held in the afternoon.[Page 849]