Messersmith, G.S., Berlin. To [Jay Pierrepont] Moffat, [Washington].
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University of Delaware Library, Museums and Press
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Enclosure not with copy. Situation here very uncertain, but see no change in government in near future; Germans very eager to negotiate trade agreement with U.S., but U.S. should not be hurried; they have naive confidence that U.S. is so anxious to dispose of her raw materials that she will accept any kind of bargain with Germany; cannot be certain terms of any agreement would be carried out; Finance and Commerce Ministries held press conference for foreign correspondents and tried to frighten U.S. by threatening to reduce wages and flood American markets with cheap goods unless U.S. agreed to supply raw materials and accept their manufactured goods in return; calls attention to article in London Times on "German Work Plan," and encloses "reply" to article which appeared in Boersen Zeitung.