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United States Department of State / Foreign relations of the United States diplomatic papers, 1937. The British Commonwealth, Europe, Near East and Africa

United Kingdom ,   pp. 1-135 PDF (51.1 MB)

Page 11

033.4111 Runclman, Walter/10: Telegram
  The Chargi in the United Kingdom (Atherton) to the Secretary
                             of State
                                 LONDON, February 9,1937-5 p. m.
                                 [Received February 9-1: 50 p. m.]
  53. Mr. Runciman paid a visit to the Prime Minister yesterday for
the first time since his return from the United States and in the House
of Commons today made, in the course of expressing "my gratitude
to the President of the United States and to the members of the United
States Government for the friendly reception they gave to me", the
following remarks of particular interest: "It was at no time intended
that I should conduct negotiations with the United States Govern-
ment on any subject. As regards trade matters I had several useful
conversations from which it appeared that further explorations will
be necessary before it can be determined whether there is a firm basis
upon which details and negotiations can take place for a reciprocal
trade agreement". He avoided answering a question as to whether
there had been debt discussions.
  I met Runciman this morning who suggested an early luncheon date
to discuss his American visit. I mention this should the Department
wish to cable me any background information.
033.4111 Runciman, Walter/12: Telegram
   The Secretary of State to the Charge in the United Kingdom
                           WASHINGTON, February 12, 1937-7 p. m.
  45. Your 53, February 9. For your confidential information and
background. In our conversations with Runciman we pointed out
emphatically that this Government, those of this hemisphere, and
many in Europe are in agreement that action directed toward the low-
ering of trade restrictions on lines indicated by our reciprocal trade
program is a vital element in the peaceful working out of the difficulties
now facing the countries of Europe; and that we view the solution of
this problem as one in which persistent effort and leadership must be
given in a simultaneous handling through discussion of all its elements.
Besides the rebuilding of trade there is need of adjustments of some
exchange situations preparing the way for long-run stability, debt ad-
justments, the creation by the countries concerned of reliable political
accords as a basis for mutual political trust and security, and general

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