Foreign Relations of the United States, 1947, The British Commonwealth; Europe, Volume III

841.5151/6–2347: Telegram

The Secretary of State to the Embassy in the United Kingdom

secret

Washington, July 7, 1947—8 p. m.

2906. From Marshall and Snyder to Clayton and Douglas. Re urtel 3443, June 23. Following are replies to your questions:

1 (a). We are informed that British Treasury Representative in Washington will shortly present a memorandum outlining arrangements which have been made or are contemplated by the UK Govt in this connection and specifically requesting extension of time in certain cases.¹

1 (b). It is not feasible to take up with Congress modification of Financial Agreement.

2. No decision has been reached on British proposal for discrimination in imports. NAC consideration of problem is being expedited.

[Marshall and Snyder]
Marshall

1. Allan Cristelow, the United Kingdom Treasury Representative, in a letter of July 3 (received by Secretary of the Treasury Snyder on July 7) discussed in detail the negotiations which the British had had or were having with respect to making sterling convertible. The text comprises NAC Document 470, July 7, 1947, not printed.