File No. 763.72/19

The Ambassador in France (Herrick) to the Secretary of State

[Telegram]

Stock Exchange action to-day deferring settlements for thirty days has had a quieting effect on money market. General feeling here seems more hopeful of confining hostilities to present belligerents. The belief that England will support Russia and France in any eventuality encourages the feeling that Germany will not take any provocative action.

Herrick