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United States Department of State / Foreign relations of the United States. The Soviet Union, 1933-1939
(1933-1939)

1937,   pp. 357-503 PDF (55.3 MB)


Page 357


                              1937
REPORTS ON DEVELOPMENTS OF SIGNIFICANCE CONCERNING SOVIET
RELATIONS WITH OTHER COUNTRIES, ESPECIALLY WITH THE
  UNITED STATES'
800.51W89 U.S.S.R./231
          Memorandum by the Acting Secretary of State
                                 [WASHINGTON,] December 16, 1936.
  The gentlemen listed on the attached memorandum 2 came in this
afternoon to talk about the Soviet debts. They seemed to think that,
now that Mr. Bullitt's successors has been appointed, he is to be
expected to initiate further negotiations with the Soviet authorities.
I outlined to them what occurred in Moscow and here when the debts
were discussed and explained the attitude of the Soviet Government
in declining to agree to payment of any amount unless they could
obtain a straight loan from US.4 I briefly indicated what liberal con-
ditions we offered and that the representatives of the Soviet always
gave as a reason for not settling with us, unless they could obtain a
loan, that they would be brought into controversy with the British
and French. I expressed the very definite opinion that nothing is to
be gained by our Government approaching the Soviet Government
on the subject.
  The gentlemen wished to know whether the Department would
object should they talk informally with the Soviet Ambassador here 5
and suggest that he advise his Government to take up the debt ques-
tion with our new ambassador and that I answered in the negative.
They went away from my office, stating that they would see Mr.
Kelley.
                                           R. W[ALTON] M[OORE]
 ' Continued from pp. 281-322.
 2Not printed. The participants listed were: J. Harry Covington; Milton C.
 Lightner, vice president, Singer Mfg. Co.; Allen W. Dulles, counsel, New
York
Life Assn.; Mr. Savage, counsel, Vacuum Oil Co.; John A. Kratz, International
Harvester Co.; R. S. Hotchkiss, Parke, Davis & Co.; M. K. Robinson, assistant
secretary, Eastman Kodak Co.; and Alexander Otis, of counsel for other
claimants.
8 Joseph E. Davies, Ambassador in the Soviet Union. William C. Bullitt was
now Ambassador in France.
'For the failure of negotiations in regard to claims and credits, see pp.
166 if.
Alexainder Antonovich Troyanovsky.
                                                          357


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