840.51 Frozen Credits/313: Telegram
The Minister in Lithuania (Norem) to the Secretary of State
Kaunas, July 17,
1940—9 a.m.
[Received 9:23 a.m.]
[Received 9:23 a.m.]
156. I have been confidentially informed that England may follow our example and freeze $5,000,000 in gold deposited in London. The Russian Assistant Commissar for Foreign Affairs Dekanozov hurried on July 16 to Moscow for instructions following the announcement here of the freezing of Baltic credits in the United States.
Local banks did not quote a rate on the dollar at the opening of business this morning.
Copy to Moscow.
Norem