550.S1/1090: Telegram
The Chairman of the American Delegation (Hull) to the Acting Secretary of State
[Received July 1—7:05 a.m.]
85. For the President from Moley. By now you have first and final drafts of declaration;1 also the Woodin-Baruch-Acheson opinion.2 Sprague and I agree with the general text of the Woodin-Baruch opinion. The situation here requires tonic effect of agreement to this declaration. It in no sense extends beyond our policy already laid down and in fact is a combination of the resolutions in the instructions to delegation and subsequent resolutions of unilateral control. Please note that references to ultimate return to international gold standard permits your suggestion to me to be worked out; also note that references to gold standard are in line with resolutions introduced by delegation and in original instructions to delegation. Also sure reference to central banks are within your statement of June 17th.3 Important to note that the declaration unites United States and England as distinguished from European gold block.
Really believe success even continuance of the Conference depends upon United States agreement. [Moley.]