Office of the Historian

550.S1 Monetary Stabilization/30: Telegram

The Chairman of the American Delegation (Hull) to the Acting Secretary of State 65

London, June 21, 1933—8 p.m.
[Received June 21—3:40 p.m.]

53. For the President and Phillips. Your telegram66 received advising of negative action by you on the temporary stabilization proposal and directing that the efforts of the delegation be exerted in the direction alone of permanent and universal stabilization. We shall promptly and wholeheartedly comply.

The delegation thus far has not considered nor treated temporary stabilization as falling under its function and jurisdiction but under that of Professor Sprague and Mr. Harrison acting under separate instructions.

Hull
  1. Transmitted to President Roosevelt, aboard U. S. S. Ellis, as telegram No. 8, June 21, 5 p.m.↩
  2. No. 48, June 20, 7 p.m., p. 650.↩