Messersmith, G.S. Memorandum to Secretary [Cordell Hull], with copies to Undersecretary [Sumner Welles], [James Clement] Dunn, and [Jay Pierrepont] Moffat.
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University of Delaware Library, Museums and Press
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3 copies. Developments in European situation in last year, particularly with respect to Germany, have been as predicted; Germany, because of her economic situation,would like to improve relations with U.S. but is not prepared to take necessary steps for such improvement; [Paul Josef] Goebbels says current strained relations not desired by American people exclusive of influential Jews; according to [Hermann] Goering, except for Jewish problem, he saw no concrete problems which should trouble relations between U.S. and Germany; Germans will try to convince people that Jews are at basis of unsatisfactory relationship, and hope thus to create cleavage in public opinion; Goering a more reasonable man than others of regime, but knows little of America and American attitudes; [Hjalmar] Schacht replaced by [Walther] Funk as head of Reichsbank; Schacht had an influence in the direction of restraint, but Funk, though he has a keen mind, is no banker or economist, and is an opportunist and instrument of regime; whatever gestures toward appeasement Germany may make, U.S. should not forget that her objectives, her policies, and her practices have not changed and will not.