800.6354/128: Telegram
The Chargé in the United Kingdom (Johnson) to the Secretary of State
[Received July 25—12:28 p.m.]
1063. Your 581, July 24, 8 p.m. The tenor of Todd’s talk with Campbell indicates that no attempt at this time to advance the date of the next Tin Committee meeting would be successful. Since Todd has addressed a written warning to the Chairman which is being circulated to all members of the Committee the American consumers’ appraisement of the situation is now a matter of record. Furthermore as Todd reported to the Institute, at the last meeting of the Committee it was agreed that the Committee would be reconvened prior to September 24 if the buffer stock appeared to be unable to maintain the price range and Campbell implied to Todd that considerable quantities of tin still remained in the stock and emphasized that the premium on Straits tin was not now unusually large.
In these circumstances the position seems to remain as set forth in the Ambassador’s 1014, July 18, 11 a.m.; Todd will be in New York on August 1 and hopes to proceed to Washington shortly thereafter.