Memorandum by President Roosevelt 70

I agree with the report of the Secretary of the Treasury and Mr. Crowley, and I understand that the Secretary of State approves the [Page 36] report but wishes to take the matter up first with the British. Also, I understand that the Secretary of the Treasury and Mr. Crowley feel that they have been doing this for a year and have got nowhere.

Therefore, I suggest that the matter be taken up once more with the British, but on the distinct understanding that I will be given a final report within thirty days, i.e., February 7, 1944, and will act finally thereon.

F[ranklin] D. R[oosevelt]
  1. Copy obtained from the Franklin D. Roosevelt Library, Hyde Park, N.Y. Addressed to the Secretary of State, the Secretary of the Treasury, and the Foreign Economic Administrator.