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DIARY

Book 320

October 8 - 10, 1940

Book

Page

Airport - Elisabeth City, North Carolina

Gaston memorandum concerning dedication - 10/10/40.. 320

426

a) HMJr approves Gaston's participation -

10/11/40: See Book 321, page 1
Allison Engineering Company
See War Conditions: Airplanes (Engines)
Aluminum

See War Conditions: Airplanes

(Consolidated Aircraft)
Angell, James R. (Dr.: former President of
Tale University)
Lauds HMJr for generous aid to Britain
a) HMJr's acknowledgment - 10/9/40

301

297

Argentina

See Latin America

ATLANTIC GULF, SS

See War Conditions: Japan

-BBeaverbrook, Lord
See War Conditions: Airplanes (message of thanks
to HMJr)

Bomb Sight (Norden)
See War Conditions
Bombers

See War Conditions: Airplanes

-cCarmody, John M. (Administrator, Federal Works Agency)

See War Conditions: Airplanes (Consolidated Aircraft)

China

See Day, Charles H.

See War Conditions: China; Foreign Funds Control
Consolidated Aircraft
See War Conditions: Airplanes
Cuba

See Latin America

-DDay, Charles H.
McReynolds asks HMJr to see Day, who has just

returned from China - 10/10/40
a) Biographical sketch.
1) War Department report - 10/11/40:
See Book 321, page 23

See also Book 322, page 122
Diamonds

See War Conditions: Foreign Funds Control (Netherlands)

351

353

-1-

Book Page

Elisabeth City, North Carolina
Gaston mimorandum concerning dedication of new

airport - 10/10/40.
a) H23r approves Gaston's participation -

320

426

10/11/40: See Book 321, page 1

--France

See War Conditions

-G General Counsel, Office of
Report on projects during September 1940

256

Germany

See War Conditions: Foreign Funds Control: Germany

Gold

See War Conditions

Orsesinski, Albert (Former Chief of Police, Berlin)
Recommended by Charles Hewitt, Jr. (sponsored by
Edgar Ansel Mowrer) for undercover work in

connection with Fifth Column activities -

10/8/40.

204

-HHewitt, Charles, Jr.
Mowrer (Edgar Ansel) introduces Hewitt to HMJr -

10/8/40.
Housing

See United States Housing Authority
See War Conditions: Airplanes (Consolidated Aircraft)

-IItaly
See Var Conditions: Foreign Funds Control

-JJapan

See War Conditions: Foreign Funds Control: Japan

204,208

LBook

Lacour-Gayet, Mr.
See War Conditions: France
Latin America

Page

Argentina:

Industrial survey considered in cooperation
with United States - 10/8/40.

320

73

Conference agenda discussed by Argentine
Ambassador and Cochran

a) Welles-HMJr conversation - 10/9/40.

97

308

Cuba:

Economic Mission: White designated Treasury

representative at State Department meeting 10/10/40

427

Mexico: Hochschild transmits memorandum on mining

industry - 10/10/40

442

(See also Book 321, page 242)

Layton, Sir Walter

See War Conditions: Purchasing Mission
-M-

Martin, Glenn L., Company
See War Conditions: Airplanes
Mexico

See Latin America

Mint, Bureau of
Increased demands causing extremely serious

situation; Philadelphia Mint one of those being

enlarged; new manufacturing plant in West may
be necessary - 10/8/40
Monetary Research, Division of
Report on projects during August and September, 1940.

10

445

Mowrer, Edgar Ansel

Introduces Hewitt (Charles, Jr.) to HMJr - 10/8/40.

204,208

-N-

National Gallery of Art
Issuance of commemorative stamp disapproved by
HMJr - 10/10/40

332

Naval Bases

See Var Conditions
Netherlands

See War Conditions: Foreign Funds Control (Diamonds):
Netherlands

North American Aviation
See War Conditions: Airplanes
North Carolina
Elisabeth City: Gaston memorandum concerning dedication

of new airport - 10/10/40
a) HMJr approves Gaston's participation 10/11/40: See Book 321, page 1

426

P-

Book Page

Portugal
See War Conditions: Gold

-RResearch and Statistics, Division of
Report on projects during September, 1940....

320

74

Revenue Revision

Tax Bill, H.R. 10413: FDR requests study:
Does Bill (now an Act) discriminate in favor
of corporation with small amount of actual
invested capital but with high earnings over
last four years - 10/9/40
Roosevelt, G. Hall

305

See War Conditions: Foreign Funds Control
(Netherlands - diamonds)
Roumania

See War Conditions: Foreign Funds Control

-San Diego, California
Housing:

See War Conditions: Airplanes (Consolidated Aircraft)

Schnacke, F. D.

See War Conditions: Airplanes (Consolidated Aircraft)
Ship Movements

See War Conditions
Sweden

See War Conditions

Switzerland
See Var Conditions

-TTax Evasion

Darryl Zanuck case: Settlement discussed at 9:30
meeting - 10/8/40

16

Taxation
See Revenue Revision

-UU.S.S.R.

See War Conditions: Foreign Funds Control
United Kingdom

See War Conditions: Military Planning: United Kingdom
United States Housing Authority
Thompson recommendations for administrative officer 10/9/40

United States Savings Bonds
Change in rates and new booklet discussed at Treasury
conference - 10/9/40

295

209

----

Var Conditions
Airplanes:
Beaverbrook thanks HMJr for understanding and
assistance,

Book Page

320

a) Personal message of gratitude sent by
HMJr through Lothian - 10/8/40

129
128

See also Book 321, page 337

Bombers:

British-type Martin bomber 187-B and United
States-type B-26A compared - 10/8/40

Consolidated Aircraft (Fleet, President)
refuses additional commitments but later

accepts Navy order for 200 long-range bombers:
Forrestal-HMJr conversation - 10/10/40

162,314

316

a) Conditional bid discussed at 9:30
meeting

326

b) Fleet sends Forrestal conciliatory

telegram - 10/11/40: See Book 321, page 4
Vaughan (Curtise-Wright) and HMJr discuss dive
bombers - 10/10/40
Conference; present: HMJr, Buckley, Purvis, Fairey,
Young, Towers, and Knox - 10/10/40
a) Dive bombers discussed
Consolidated Aircraft:
Housing of employees at San Diego revealed by
visit to plant - HMJr asks for memorandum for
FDR - 10/8/40
Findings discussed by Treasury representatives

with British Purchasing Mission - 10/8/40

336,345
393

24

45

Foley memorandum on visit - 10/8/40
a) Carmody (Administrator, Federal Works Agency)
compliments Foley - 10/10/40: See Book 321, page 175
111

Agenda for conference on facilities
HMJr asks FDR to speed legislation - 10/8/40
a) Conference report adopted almost
simultaneously

130

200

201,203

b) FDR announces signing of bill - 10/18/40:
See Book 323, page 144

Conference: present: HMJr. Knudsen, Knox, Stimson,

Patterson, Forrestal, Marshall, Brett, Towers,
Pennoyer, Young, Foley, and Buckley - 10/9/40
a) Agenda

Forrestal transmits letter from Schnacke (Smith,
Schnacke & Compton, lawyers) - 10/9/40
Knudsen sends Mead to plant: discussion at
9:30 meeting - 10/10/40
a) Patterson informs HMJr
Aluminum supply investigated by Forrestal

Forrestal telegram to Fleet concerning contract -

10/10/40

274

278

303,425
326

412
362
425

- W - (Continued)
Book

Page

320

377

War Conditions (Continued)
Airplanes (Continued):
Employment in the Aviation Manufacturing Industry:
Haas memorandum - 10/10/40

a) September figures sent to White House
1) Map

373
376

Engines:

Allison Engineering Company:
HMJr-Evans conversation concerning output 10/10/40

418

Martin, Glenn L., Company:

HMJr plans to visit plant - 10/10/40
a) Knudsen asked to accompany HMJr

b) Purvis

313
334
415

c) Trip cancelled - HMJr informs Purvis -

10/11/40: See Book 321, page 92
North American two-seater advanced trainer:
One out of every seven to be transferred to

the British - 10/8/40

2

Bomb Sight (Norden): Knox tells HMJr he is prepared to
recommend to FDR that Navy share with British 273

10/9/40
China:

Peiping, China, staff at German Embassy increased

by about sixty - many air officers - 10/9/40

McReynolds asks HMJr to see Day (Charles H.). who

has just returned from China - 10/10/40
a) Biographical sketch
1) War Department report - 10/11/40:

290
351
353

See Book 321, page 23

See also Book 322, page 122
Exchange market resume' - 10/8/40, etc.
Foreign Funds Control:

Agenda for discussion with State Department of
extension to additional areas,
a) Discussion by Treasury group - 10/8/40
b) Attorney General's memorandum for FDR

c) Conference at State Department - 10/8/40
China: Possible blocking discussed - 10/9/40

98,271,440

36
24

40

148
218

Germany:

Transactions of Consulate General, New York City,
reported by Federal Bureau of Investigation and
State Department - 10/8/40
Transactions with Chase National Bank - 10/9/40.
Italy: Transactions with Chase National Bank and
National City Bank - 10/9/40
Japan: Possible blocking discussed - 10/9/40

71

255

253
218

Netherlands:

Diamonds: Roosevelt (G. Hall) inquiry concerning 10/10/40

See also Book 321, page 14

355

- W - (Continued)

Book Page

War Conditions (Continued)
Foreign Funds Control (Continued):
Roumania:

State Department asked views concerning Treasury

control of Reumanian funds in United States -

10/9/40

320

a) Welles-HMJr conversation - 10/9/40
b) Discussed at 9:30 meeting - 10/10/40
c) Hull-HMJr conversation - 10/10/40
d) State Department approves freezing 10/10/40

Roumanian balances blocked in United Kingdom 10/10/40

State Department officials' accounts discussed 10/9/40

U.S.S.R.: Transactions with Chase National Bank 10/9/40

306
308

321,329
324

367,413
361,367

217,242,245
254

France:

Fosdick, of Rockefeller Foundation, discusses
situation as reported by their representatives
with Treasury group - 10/9/40
Henri-Haye's conference with Welles, at which time
he bitterly denies cooperation with Germany 10/8/40.

Conference; present: HMJr, Lacour-Gayet, Bell,
and Cochran - 10/10/40

215

224

342

a) Lacour-Gayet to supervise all French financial
problems and liquidate French Purchasing
Commission in New York

1) Confers with HMJr, Bell, and Cochran 10/12/40: Cochran memorandum
See Book 321, page 198
Germany:

Wiedemann, Fritz - German Consul General, San Francisco:

FederalBureau of Investigation reports on his lack
of sympathy with present regime in conversation with

British official to ascertain British terms at end of

war - 10/9/40
Peiping, China, staff at German Embassy increased by

about sixty - many air officers - 10/9/40

United States stocks in invaded countries sold by
Germans: New York Post article - 10/10/40

269

290
386

(See also Book 321, page 10
Gold:

Portugal: Holdings transferred to United States 10/10/40

United Kingdom: Holdings of gold and exchange British Embassy memorandum - 10/10/40

429
358

Japan:

Discrepancies in report from New York bank on amount

320

SS ATLANTIC GULF: Ickes informs HMJr of proposed sale

387

on deposit discussed at 9:30 meeting - 10/10/40

to Japanese subject - 10/10/40

- W - (Continued)

Book Page

Var Conditions (Continued)

Military Planning:
Tentative Lessons bulletins:
"German Training in Marching and March Discipline"
10/8/40.

320

"Use of Aviation in German Attack on Maginot Line"
10/9/40

Reports from London transmitted by Lothian 10/8/40, etc
Var Department reports - 10/10/40
Naval Bases: Banks to be used as depositories for
United States funds where United States plans to
use British bases discussed by British Embassy and
Cochran - 10/8/40

Netherlands: Hull acknowledges letter concerning
purchases in United States - 10/10/40
Purchasing Mission:

Vesting Order: Official sales of British-owned dollar
securities - 10/8/40.
Purvis consults HMJr concerning Layton memorandum -

10/10/40
Ship Movements:
SS OREGON. MICHIGAN, and WINNIPEG - departure permits

issued: Gaston memorandum - 10/10/40.
QUEEN ELIZABETH, OSLOFJORD, and BERGENSFJORD to sail

soon: Gaston memorandum - 10/10/40

Sweden: Situation reviewed in American Embassy, Stockholm,

report - 10/10/40
Switzerland: Rise in Swiss franc stopped; British

blockade discussed by Somary and Cochran - 10/10/40

101
282

107,291,456
452,453

147
392

159

416

356
357

430
372

United Kingdom:

Reports of visit by Generals Strong and Emmons sent
to HMJr - 10/8/40.
Holdings of gold and exchange: British Embassy
memorandum - 10/10/40

Sterling area - newly-mined gold: British Embassy
memorandum - 10/10/40
War Department

Military Intelligence Division bulletins:
See Var Conditions: Military Planning

Wiedemann, Fritz (German Consul General, San Francisco)
See War Conditions: Germany

Winston, Harry, Incorporated (New York)
See War Conditions: Foreign Funds Control (Netherlands)

-2Zanuck, Darryl F.

See Tax Evasion

164

358
359

1

October 8, 1940
9:08 a.m.
H.M.Jr:

Hello.

Operator:

Judge Patterson.

Robert

Patterson:

Hello, Henry.

H.M.Jr:

Hello. How are you? Bob, how are you
coming along with that Republic deal?
They told me yesterday that we didn't have
funds enough appropriated to take them up.
That I can get around some way or other, but
that was just a temporary snag. I understood
that Arnold had put it up to the Advisory

P:

Commission to help him on giving an equivalent;

that is, which things he can spare best if he

acquired those.
H.M.Jr:

Uh-huh.

P:

Now, I'm glad you - I want you and Young to

H.M.Jr:

Will you?

P:

I will.

H.M.Jr:

Because I really think we ought to clean it

push me on it because it recalls it to me and
I can get at it with more vigor.

up.

P:

Absolutely. I'11 see, Henry.
Right. Will you call me?
Yes, sir.

H.M.Jr:

Thank you.

P:

Good-bye.

P:

H.M.Jr:

2

October 8, 1940
9:30 a.m.

H.M.Jr:

Hello.

Robert

Patterson:

Henry?

H.M.Jr:

Yeah.

P:

This is Bob Patterson.

H.M.Jr:

Yes, sir!

P:

On the Republic business

H.M.Jr:

What a man, what a man!

P:

we're trying to find the money to
pick them up. It costs around 7 million I
think, something like that, and we're getting
down fairly well to the broke stage but we've

got to fix that, of course.

H.M.Jr:
P:

Yeah.

The other thing is this, on the equivalent we've proposed to the - we ve put it to this

Board that General Brett and Towers and these
fellows from the Navy are on too

H.M.Jr:

What do you call that Board?

P:

Well, the British are on it - Fairey - it's

H.M.Jr:
P:

kind of an allocation board, and it has been
suggested to that Board, and I suppose Fairey
will hear of it through the Board which
meets tomorrow on the matter, that 70 of the
AT-6' 8 be turned over. That's the equivalent,
I understand, of the Harvard and that, I
think, 18 what was mentioned at the meeting
at your office Thursday.

That's the 2-seater is it?
Just a minute. (Pause). 2-seater advance
trainer.

3

2H.M.Jr:
P:

And that'd be turned over to whom?

To the British, 70 of them. That is the
proposition that is put to the Board. They
are advance trainers. They will start coming
in and we'll have some 400 or so between now
and May, and the proposal is that the British
take their 70 right out of that - 1 in every
7.

H.M.Jr:
P:

H.M.Jr:

One out of every 7?

Yes. Well, you see, our order is around
490 or something like that.
I certainly must have missed something. With

what company is this?

P:

North American.

H.M.Jr:

Oh, I didn't get that.

P:

That's the one.

H.M.Jr:

oh, I didn't get that.

P:

There's an order there.

H.M.Jr:
P:

Now I'm clear. You're proposing that 1
out of 7 go
Of our order, yes, you know, proportionately.
Now, of course, that's a rather slow

delivery but that's the proposition that's

been put up to the Board. Fairey I understand
is on the Board.

H.M.Jr:

I see. Now those 70

P:

They're in Baker.

H.M.Jr:
P:

H.M.Jr:

are worth about - are they worth
7 million?

I'11 find out.
They can't be. They can't be worth $100,000

a piece.

4

-3- P:

(Talks aside). He says they run around

$25,000 per plane.
H.M.Jr:

Yeah. I see.

P:

They're probably worth about $1.4 million.

H.M.Jr:

Well, then as I get it they're going to let
this go over until this Board meets tomorrow.
Is that right?
That's right. I understand that was it.
Well, I think that that sounds pretty good.

P:

Well, I'm just not familiar enough to know

H.M.Jr:

P:

whether it is or not. Well, of course, you
see there's a little difficulty in this case
in this way. The British haven't any real
order at all for the Republics, it's not a

question of their releasing something they

have on order to get something we have on
order.

H.M.Jr:
P:

I know.

Their only claim on these is a historical

one in the, I mean, the development of the
case. They were kind of put in a pigeon-hole
for them in our own minds, but it was all

mental.
H.M.Jr:

Granted.

P:

What?

H.M.Jr:

You are right.

P:

It was all mental. of course, the President
under the new legislation has the power to
commandeer those planes, you know, on the

administration of goods marked for export,
for which export licenses have been refused,
80 that he can take them over anyway.
H.M.Jr:
P:

Yes, I know.

But I suppose the Republic people are - don't
need to do that. They'11 sell anyway to us.

5

-4 H.M.Jr:

Then, as I get it,

P:

The Swedes have released us and Republic will

H.M.Jr:

sell to us.

And you're going to keep those Republic
planes and use them yourself.

P:

We'll use them as trainers, but due to the
form in which the thing came up and the way
for the last month it was developed, it was
expected that maybe the British would get
them though they couldn't. We': re willing to
give something for them, I mean, give the
British some sort of equivalent.
And that's the offering of 70 Harvard trainers.
That's the one that's being put up to the

H.M.Jr:

Is that the first offer?

P:

Yes.

H.M.Jr:

(Laughs). You started to say the only offer.
Yeah. Well, that's the only thing we've put
up to the Board, as I understand it.
Well, I should think that they'd be delighted
to get Harvard trainers.
Well, they said they were the nearest thing
as the equivalent of it.

P:

H.M.Jr:

P:

H.M.Jr:
P:

Board as I understand it.

H.M.Jr:

That's what they need anyway.

P:

Do they?

H.M.Jr:

Yeah, they do. They need them for Canada
very badly.

P:

H.M.Jr:
P:

H.M.Jr:
P:

Oh, this will go to Canada.
Oh, yeah, as I understand it, they go to
Canada for their training program.

Yeah. All right.
Right. Thank you.
Fine. Good-bye.

6

October 8, 1940

9:30 a.m.
GROUP MEETING

Present:

Mr. Haas
Mr. Young
Mr. Thompson

Mr. Pehle

Mr. Graves
Mr. Cochran
Mr. Gaston
Mr. Schwarz

Mr. Bell

Mr. White

Mrs. Klotz
H.M.Jr:

Good morning, everybody. Norman?

Thompson:

Nothing.

H.M.Jr:

Professor Bell?

Bell:

We have sold Treasury Bills yesterday, and

H.M.Jr:

Quite a business.

Bell:

I think we ought to increase the amount to

they paid us $18.50 for the privilege.

$200,000,000. It 18 cheap money.

You remember last week we had that Processing

Tax Board of Review matter and I think Chick
got the Republican release. There is an
indication there that this man Hathcock
that we have had some trouble with might be

responsible for giving that out. His name

is mentioned.
Schwarz:

The information is too detailed. They didn't
come to the Treasury to get it.

7

2H.M.Jr:

Fifth Columnists, is it?

Schwarz:

It appears 80.

H.M.Jr:

Well, I gave the job of firing Hathoock
originally, as I remember it, to one John
Hanes. Then I gave the job to Sullivan,
didn't I? We were going to have a Board

of Review. What happened on that?
Foley:

Doughton got in the way.

Bell:
H.M.Jr:

They were waiting until after the tax bill.
The tax bill is through.

Bell:

It isn't signed yet, is it?

H.M.Jr:

No. That 18 just a detail. Why not wait
until Sullivan comes back? I don't like to
interfere with his work.
If it 18 good work.
All right. Well, he was wrong, wasn't he,

Schwarz:

H.M.Jr:
Schwarz:

H.M.Jr:

on his figures?
Oh, very definitely.
Well, I didn't see any paper run that except

on the release. It came out on the ticker.

Schwarz:

The New York Times has our story and just a
reference to the Republican statement and
the Washington Star on Sunday had about a
paragraph on the Republican side.

H.M.Jr:

Now, on a thing like that, do you suppose there
would be some way or other of letting
Mr. Michelson have the direct facts?

Schwarz:

Surely.

H.M.Jr:

Do you think that could be done?

Schwarz:

I will do it today.

8

-3H.M.Jr:
Schwarz:

H.M.Jr:
Schwarz:

H.M.Jr:
Schwarz:

H.M.Jr:
Schwarz:

H.M.Jr:

Schwarz:

H.M.Jr:

And in the future, when a thing like this
comes if he could be notified right away.
Immediately.

Had you thought of that?
Yes.

But you hadn't done it?
Yes.

Well, I am glad of that.
We
started
immediately
to dig
up the
facts. last Thursday afternoon

Well, in the future if there was some way that
Mr. Michelson could also get the facts. It is
only
let the Republicans
know so why
not letfair
thetoDemocrats
know?
That is very good.

What else, Dan? While we are on that thing,

there is this story this morning again. I
got Harry White out of bed at five o'clock
this morning and he says, "Where is the fire?"
and I said, "Cordell Hull is doing away with

all the frozen assets and from now on we can't
move unless he saye yes." Harry says, "Just
a minute and I will put on my raincoat and I
will come down." He came down and he was all
flustered and he couldn't think of an excuse.

He says, "What about that man Foley has up

on the Hill? He ought to know about it.

And then they find out it is just a bill -Foley:

H.M.Jr:
Foley:

It 1e a Federal Reserve bill, Mr. Secretary.
I know, but look at the story.

Well, I saw it on the ticker yesterday and
I sent for Bernie and Larry. I was worried,
too. But the ticker story we B wrong.

9
-

H.M.Jr:

Well, was there anything done - that was

last night. I got the ticker story at eleven

last night. What was done from the time it
was on the ticker until the papers went to

press this morning to correct it? After all,
the Treasury is supposed to be on a 24-hour
basis and not a monthly basis.

Schwarz:

I talked to John Pehle yesterday.

H.M.Jr:

This is 4:30. There was plenty of time to
correct that story for the morning papers.

Schwarz:

That was United Press.

H.M.Jr:

4:30 yesterday.

Schwarz:

I talked to the United Press about it.

H.M.Jr:

Last night?

Schwarz:

Late yesterday afternoon.

H.M.Jr:

He didn't get his correction in this morning's
paper. They all had it wrong.
United Press was primarily responsible for
that.

Schwarz:

H.M.Jr:

Did you talk to them?

Schwarz:

Yesterday afternoon. They don't correct it

H.M.Jr:

unless they feel like it.

I

see. But you did speak to them?

Schwarz:

I spoke to the Treasury man at United Press.

H.M.Jr:

Okay. That 1s all you could do, I suppose.

Schwarz:

Yes. We call attention to the facts, and it
is up to them to be accurate if they are
so minded.

H.M.Jr:

Bell:

It was tough on Harry. What else, Dan?
I approved on Saturday an order allowing the

10

-5Coast Guard to work more than the required
40 hours a week in some connection with some
work on that survey, and Herb was supposed

to have a report on that this morning.

I

knew you were against working overtime, but
they had an emergency down there and I thought

we might approve it subject to the full report.

Gaston:

This is the wartime equipment on the cutters
and they have to install new guns and 80 on
and they can't get enough men to get the work enough fully skilled men to get the work through
in time without going on A 48-hour week. The
Navy is - all the Yards are on a 48-hour week.

H.M.Jr:

So is the Army.

Gaston:

The outside figure is $22,000 for the entire

job and I think it is very reasonable to let

them go on A 48-hour week.
H.M.Jr:

Absolutely.

Graves:

I have a report from Mr. Irey on the indictment
of "Win or Lose". It is very brief. There is
also a full account of the agent.
I am just sort of surprised this came along.
Is this sort of a hangover?

H.M.Jr:
Graves:

Apparently from the report of Mr. Irey's agent,
this was before a grand jury some time ago,
which failed to indict, and the new grand jury
has now investigated the matter again and has
brought the indictment.

H.M.Jr:

I see. Good. Are you following this other

Graves:

Yes, I am.

H.M.Jr:

Graves:

thing?

Graves tells me there may be real trouble. We

may not be able to make enough money to keep
up with the demand.

As you know, I spent Friday in the Mint at

11

-6Philadelphia and found that they were in
difficulty in having changes made in their
building which would permit the installation

of the new equipment we have in mind. That

money for alterations to the building 1s
provided by the Public Buildings Adminietration.
I went over there yesterday, and Mr. Reynolds,
when he became aware of the seriousness of the
situation, has now cancelled out certain other
projects 80 as to transfer the money.
H.M.Jr:

Do you get a new building?

Graves:

No, for the alterations and remodeling of
that building.
How soon will that be in?

H.M.Jr:
Graves:

Our ambition 18 to have it in by the end of
this fiscal year. It is a long job. It takes
months to build this new equipment and it will
take a long time to make the alterations to

H.M.Jr:

the building.
But it is underway?

Graves:

It is underway.

Bell:

Does that interfere with the present program
of manufacturing very much?

Graves:

Bell:

No, we are working three shifts up there and
equipment 18 so we won't have to work three
shifts, seven days a week.

of course one of the objects of the additional
Harold said he thought we might need a new

manufacturing plant, probably in the West
some place.

Graves:

I also went over that in a preliminary way

with Mr. Reynolds.
H.M.Jr:

I think we should have.

Graves:

Pretty soon I think we ought to lay some

12
7

definite plans.
H.M.Jr:

I am ready. Okay?

Graves:

Yes,

H.M.Jr:

Harry?

White:

Here is a letter from Secretary Welles
(October 4) informing you about the Cubane.
It doesn't le ave any response, but we will
have a report in here today on the general
situation 80 that in the event he does call
you up, you will be prepared.
There is a cable from London (October 2)

which you may not have read. It indicates

that the British Government is now spending

at the rate of 13 billion dollars a year,
during the first six months, of which ten
billion dollars is being borrowed. That is,
they are running into a deficit of almost
10 billion dollars out of an annual expenditure
of 13 billion, 80 far this year.
Scrap iron and oil are still going out in large
quantities.

H.M.Jr:

I just saw that report this morning.

White:

This is a memorandum that I think either

Mr. Cairns or Mr. Foley have or will call
to your attention, but I want to make sure
that they do because it relates to a bill

which will give Colonel Maxwell of the State Department very considerable authority that it
seems to me infringes on some of the Treasury

authority already with respect to control
and administration of exports. I don't know

whether you -H.M.Jr:

Is it imminent?

White:

Either you have or you will, I think, because

Young:

I got this from your (Foley's) office.
*I sent that report up to the farm with you

13

last week-en
H.M.Jr:

All right.

White:

Here is that proposed French plan --

Foley:

Yes, this is the thing we had a meeting on
in your office, Dan.

White:

On petroleum, just for the record, and another
one for the record, on petroleum, also. That

is all.

H.M.Jr:

What else?

White:

That is all.

H.M.Jr:

George?

Haas:

Allison didn't do quite 8.6 well. It is high,
relatively. The last six weeks they averaged

52.

H.M.Jr:

What did you say?

Haas:

The last six weeks averaged 52.

H.M.Jr:

Well, they did 49 engines last week.

They are getting a lot of P-40's to the

Haas:

British, you know.
H.M.Jr:

White:

Airplanes with engines, shipped, 76. All right.
Did you notice the picture in the - last
Saturday's News on the front page, a picture
of oil barrele being rolled onto & Japanese
ship all over the front page?
T didn't see it
With an editorial on it.

H.M.Jr:

Which News?

White:

H.M.Jr:

White:

-

Washington News.

14
I

- -9 H.M.Jr:

Pehle?

Pehle:

Nothing.

H.M.Jr:

What did you hear about that money that

Pehle:

I gave Offie the message, which he thanked
me for, and he called back about two hours
later and said that the State Department

Bullitt wanted to send?

wasn't inclined to stretch its authority
that far. He said there were a number of
people over in the State Department that
had friends in France that they would like
to send money to, but they couldn't send it
in that amount, and he didn't think they

were going to be very sympathetic and I just
repeated what I told him before and told him
that if anybody in the State Department asked
me about it I would tell them the same thing.
That was Saturday morning and we haven't
heard anything since.

H.M.Jr:

Young:

Okay.

Philip?
I understand that those North American
dive bombers that were bound for Siam,

which the State Department took off in
Manila, which General Arnold wanted so
badly for the Philippine Air Corps, have no
engines in them.

Haae:

They can dive well.

Foley:

They are lighter.

White:

They don't need them.

H.M.Jr:

That 18 what you call a "One Dive Bomber."
Not bad. What other good news have you got?

Young:

None.

White:

Maybe they sent the engines to Japan?

15

- 10 -

H.M.Jr:

I think the engines are still in San Diego.
Anything else, Phil?

Young:

No, sir.

Young:

H.M.Jr:

You are going to find out about those two

Martina for me?

Young:

Yes.

H.M.Jr:

Maybe you could know by 11:30.

Young:

All right.

H.M.Jr:

Chick?

Schwarz:

Could I have about one minute afterward. I

have two minor matters.
H.M.Jr:

You can if I can get through before ten.
Ambassador Lothian is coming.

Cochran:

H.M.Jr:

Nothing.

I thought on this thing here that you wrote

me about this man Kollmar, that you might
ask George Harrison to take that up with
the Chemical.

Cochran:

All right. There is one other memorandum

H.M.Jr:

that I gave you that Archie told us about.
It is the same thing.

Cochran:

We are getting a lot of material from Stopford

on hie operations and he hoped we might hold

off a little while to see just what he is

doing.

H.M.Jr:

Really?

Cochran:

Yes, because we are getting something almost
every day.

H.M.Jr:

He wants to wait, then?

16

- 11 Cochran:

He prefers to.

H.M.Jr:

Then you carry it in your shop. I don't
have to charge my memory?

Cochran:

No, air.

H.M.Jr:

All right.
Ed?

Foley:

Scalise has been indicted but the indictment
hasn't been handed up. It is to be handed up
to the Federal Judge today.

H.M.Jr:

Foley:

Well, in the paper there is nothing about a
Federal Income Tax. I read it very carefully.
Well, this is a Federal Income Tax indictment.
It isn't public property yet, because it the true bill hasn't been given to the judge
but it is going to be handed up today.
Well, the other one was all in the papers.
Well, ours will be in the paper today.

H.M.Jr:

He 1e a bad boy, that Scalise.

Foley:

You knew that the British took off those

H.M.Jr:

So I also saw in the papers.

Foley:

They had no confidence in Merle Coohran.

H.M.Jr:

That 18 very cute, it is all right.

Foley:

We want to settle the Darryl Zanuck CASE for

Foley:

H.M.Jr:

pictures down at Bermuda?

$584,250, which is the Amount of tax for the
year 1935, the amount of the deficiency. We
included in our letter an additional $146,000
of penalty. This has been recommended by
John Cahill and Sam Clark and if Mr. Irey
and Oftedal are agreeable, I think we ought

to take it.

H.M.Jr:

How about Guy Helvering?

12 Foley:

The Commissioner, Mr. Irey, Special Agent

Oftedal --

H.M.Jr:

Is there a letter from Helvering?

Foley:

I have a memorandum from Wenchel. He says

H.M.Jr:

I want a letter from Helvering and Irey and
Oftedal, who 18 the man out on the West Coast,
isn't he?

Foley:

Yes.

H.M.Jr:

I want each one of them to write a letter

Commissioner Irey and Oftedal are agreeable.

which should come up attached to Helvering's
letter to me saying whatever they want,

whatever they believe. Irey should write a
letter to Helvering, Oftedal should write a
letter to Helvering, and let him forward it
to me or let him forward it to Assistant
Secretary Sullivan and then let Sullivan
write me a recommendation and then let the
General Counsel write me one.

Foley:

H.M.Jr:

All right.
I want all of that. I want Sullivan on record
in writing; I want Helvering, Irey, Oftedal and
Foley, and when I get it all, we will take a
look at it. I am ready. I am not trying to
stall, I just want - I mean, I will skip
Sullivan if he is not here but the others -it is too important. Do they all include the
fraud penalty?

Foley:

No. We got the fraud penalty. We just include
the $584, which is the amount of the
deficiency without the fraud penalty for the
year '35. We never take that on a settlement.
If we go to trial and we establish that more
than 25% of the gross income was omitted from
the return, which we have to prove, because

the statute is run otherwise, we can make this
stick and then we will get the fraud penalty
and the tax, but I think this is a pretty
decent offer of settlement.

17

18
13 -

Bell:

Well, if it comes up to me I would like to
have that formula followed, please. It is
really important.
All right.
Did you get rid of the ship down on the

Foley:

Yes.

Bell:

Did you hear it sunk?

H.M.Jr:

Foley:

H.M.Jr:

Gulf Coast?

It is funny. I said at Cabinet, "Mr. President,

I hope you won't accuse me of malice," but I
said, "I did let that Panamenian ship sail
the same night that the Secretary of State
told me he wanted it to go," and I said, "the
next day they had an explosion and now it is
beached with a 30 degree list at the mouth
of _" whatever body of water it is. He says,
"Leave it to Henry." He just laughed, and
for the first time I B&W old Cordell laugh,
even Cordell laughing. He thought - everybody
thought it was very funny. Have they taken
her off the beach?

Foley:

I don't know.

Gaston:

I don't think 80. This is the same ship that

was sunk by sabotage in Baltimore harbor a
few months ago.

White:

They don't need a permit to take her off the
beach, do they?

H.M.Jr:

Herbert?

Gaston:

Hoover wrote a letter on September 30 about
Dr. Francis Howard in Los Angeles who is

trying to sell to the Japs a formula for

making aviation gasoline from crude oil.
That is - the new proclamation forbids the
sending of such plans and specifications

out of the United States, 80 we will try to
stop him.

19

- 14 Did something happen on that plan for pursuing
H.M.Jr:

the - I guess I can get that from Harry.
I saw Malone and the result of that is that just
two letters were sent to the farm, which ex-

onerate him. I saw Malone.
Gaston:

In the meantime, those boys are still at work
in developing --

H.M.Jr:

Well, the way the thing 1s, Sammy Klaus has

taken over, supposedly. I mean, Hoover is

working for him now.
Geston:

Oh, that 18 swell. I can always get information
from Sammy.

H.M.Jr:

I told him - I told him not to be mealy-mouthed
about it and here is one of the ablest fellows

we have got in the General Counsel's office,
but we will have him help Hoover, "But I am
warning you now, he will just take your whole

organization over. II He said, "Good, I like
that kind of fellow. " He said he would get

in touch with him over the week-end. You (Foley)

might ask Sammy what he did.
Foley:

Bill Campbell wante Sammy to go out to Chicago

this week-end for a couple of days. He says

it is the last time he will ask for him.

H.M.Jr:

I referred Hoover to Campbell for reference on

Klaus.
Foley:

Bill has been appointed Federal Judge, you know.

H.M.Jr:

I didn't. I also told Hoover that Campbell

thought he was always shadowed by the F.B.I.

Campbell has lots of funny ideas.

Foley:

He is a judge now, he is immune.

Gaston:

I haven't anything more.

H.M.Jr:

Okay.

20
October 8, 1940
10:15 a.m.
H.M.Jr:
Henry

Hello.

Stimson:

Henry?

H.M.Jr:

Yes.

S:

Sometime ago I promised to send you an

estimate of the general situation connected

with the American preparedness munition
program.

H.M.Jr:

Yes, I know.

S:

Did you ever get it?

H.M.Jr:

No, the only thing I got as I recall is

the one that General Strong wrote on the

European one.
S:

H.M.Jr:
S:

H.M.Jr:
S:

Yes, just purely his report.
Yeah, but I didn't get
Well, I just - you didn't get another shorter
paper entitled "An Estimate of the Position of
the United States in Relation to the World
Situation."
No, I'm 90% sure I haven't got it.

Well, then I'll send you a copy. I just
found that it had been held up for further
polishing.

H.M.Jr:
S:

H.M.Jr:
S:

H.M.Jr:
S:

No. I would like very much to have it.
Well, I'11 send it at once.
Right.

Now, one other question. What is the situation
in regard to exports?
It's absolutely - nothing new.
Nothing new at all.

2H.M.Jr:

No.

S:

Is the boat still on the - is the
Iffiana or whatever it was

H.M.Jr:

(Laughs).

S:

..... the Panamanian?

H.M.Jr:

Yeah, she's still on the rocks, she's still

S:

Good. Don't let her be unloaded.

H.M.Jr:

No, no. I'm looking forward to seeing you

S:

on the beach.

tomorrow.

Well, I'm coming. I've got an appointment
with the President this morning which has

been brought up by an unexpected move that
he made bearing on my Department without my

knowing anything about it.

H.M.Jr:

I see.

S:

A gesture to Hawaii, and that rather brings

H.M.Jr:
S:

H.M.Jr:
S:

H.M.Jr:
S:

up the whole situation a little bit and may
well go into that.
Well, we've just got to get our heads.
I didn't know whether there was anything new
that you knew on that
On Hawaii?

No, no, that's only a part of the whole
Pacific situation.
No, no.

I mean, the whole thing is so clear to me,
I mean, there's such a clear answer to - our

other friends fear that if we put on the

pressure that we've been speaking about, that
I spoke about at the last Cabinet meeting,
that it would result in an immediate movement

to the South that I want to bring that to his
attention. The thing to do there is to have is to make sure that there's a sufficient

21

22

-3even if it was small naval - or Australian
or possibly also a British - an American
squadron or two there that could flood the
wells before they got dowa

H.M.Jr:
S:

Right.
Well, I think that it's a great
idea.
Because the presence of vessels of those
three countries will bring home to the enemy

the futility of making a move - BC there's
a gesture that counts. You see?

H.M.Jr:

Right. Well, you know where I am, I mean,
I'm with you every minute.

S:

Yeah.

H.M.Jr:

But it's hard work.

S:

(Laughs). Well, I'11 send you this paper.

H.M.Jr:
S:

I was reminded last week that I was Secretary
of the Treasury.

(Laughs). Well, other than the reminder
that I saw given the week before?

H.M.Jr:

Oh, yeah. Yeah. I'll tell you sometime.

S:

Yes, tell me sometime.

H.M.Jr:

It's all right. I want to be reminded once

S:

Well, I may need the same admonition.

H.M.Jr:

No, I wasn't thinking of you this time.

S:

(Laughs).

H.M.Jr:
S:

H.M.Jr:

in a while.

It's all right.
Well, I don't want to run into it. It's

safer for you to run into that danger than

it is for me.
Well, I think you'd like it and could take it
just as well.

23

S:

(Laughs). All right.

H.M.Jr:

Thank you.

S:

I 11 send this at once

H.M.Jr:

Thank you. Good-bye.

24
RE FOREIGN FUNDS CONTROL

Present:

Mr. Bell

October 8, 1940
10:30 a.m.

Mr. White
Mr. Cochran

Mr. Foley
Mr. Bernstein
Mr. Pehle
H.M.Jr:

This memorandum here came up in Cabinet.

Attorney General Jackson had it and read

it. I spoke up and said we were having
a meeting Tuesday at 3:00 o'clock on this
subject, would he care to attend, and he
said no, but he would have Francis Biddle

attend.

Now, I think you ought to get this over to
Mr. Hull before lunch and tell him this is
a copy of the Biddle memorandum that Jackson

brought up in Cabinet. I would like to have
him read it before 3:00 o'clock.

Cochran:

All right.

H.M.Jr:

Now, who is following this thing particularly?

Bell:

Have we heard from the State Department?

(Mr. Foley, Mr. Bernstein and Mr. Pehle entered

the conference)
H.M.Jr:

Look, Ed, before we get started on this meeting, I would like to send the President a
little memorandum telling him something like

this, that as a result of the trip of the

Army and the Treasury and the English to
Consolidated, we are impressed with the absolute

necessity of getting this housing bill through,
you see, and this is the way the thing stands.

I want to bring it to his attention. Possibly
he would like to leave it on the Hill that he
also is interested. Just dictate that to
somebody. Do you get the idea? I can send

it over to him.

25

-2Feley:

I think it is all right.

H.M.Jr:

And in the letter, see, to show him the need,
San Diego alone will need 20 million dollars.

Foley:

Approximately, yes.

H.M.Jr:

Approximately 20 million dollars for housing.
Want it in the form of a memo or a letter?

Foley:
H.M.Jr:

Letter, but that also puts him on record. You
get the idea. San Diego alone needs 20 million
dollars.
(Mr. Foley left the conference)
Here is something all digested and everything

else. Isn't that marvelous? This is what I

am to say this afternoon?
White:

No, it is to be presented.

H.M.Jr:

Agenda for discussion. Now, are we going to

get this into the hands of Mr. Hull before the

meeting?
White:

I don't know whether you would wish to. If
so, we can.

H.M.Jr:

Yes. I would do it via Merle Cochran. I
think he ought to have a copy of this.

White:

Would it be all right to give him a copy? We
have run out of the ribbon on that.

H.M.Jr:

You could have mine, which would give you a

chance to do another one. Just give him this

one.

Cochran:

I will send that over.

26

-3H.M.Jr:

I think you ought to. How do we start?

White:

Well, I think you might want to just run

over the various pros and cons. Some you

will want to skip right over; some you may
want to spend a little time discussing, and
then after you have gone through them, you

can go back to the varying possibilities and
which of them, if any, you want to -H.M.Jr:

Well, let me just argue a minute until I
think out loud for a minute, you see. Let's
just say for the moment that we do it for
Europe.

White:

For the whole of Europe?

H.M.Jr:

The whole of Europe. Would that include Russia?

White:

Russia is a part of Europe, certainly, the

western part.
Pehle:

It wouldn't have to be.

White:

You could find it either way.

H.M.Jr:

I was thinking of Europe and not Russia, not

China and Russia.

White:

How about England?

H.M.Jr:

England is not continental Europe.

White:

The bulk of Russia is in Asia, but whether --

H.M.Jr:

We could exclude it.

Bernstein:

That would be just a matter of the words you
used. You could say Europe, except Great
Britain and Russia.
(Mr. Foley returned to the conference)

27

-4H.M.Jr:

Ed, what I was suggesting is the possibility
of doing it for continental Europe. I mean

not Russia and not England.
Foley:

Yes.

Bell:

How about Japan?

H.M.Jr:

Well, it is just a question of whether we
want to hit them again. If we don't want
to hit them again, okay.

White:

It is getting pretty close to the elections,
and whether It is - will lead people to think

we are driving more rapidly toward or away,
is a question which -H.M.Jr:

That isn't in the memorandum, what you are

saying now, is it?

White:

Well, I just said in the last phrase, I didn't
want to refer to it that way. I merely said,

"The public reaction to an extension of controls
is very important and must be carefully evaluated.

H.M.Jr:

it

Well, I tell you how I feel, just talking among
ourselves. I can't describe it very well, but
the old elbow sort of hesitates at this time.
It just looks to me as though we are trying
to speed up the tempo --

White:

That we ought to speed it up?

H.M.Jr:

That it would be interpreted as speeding up
the whole thing.

White:

It is very hard to know how the public would
interpret an imposition against Japan at

this time. It might be that they would say,
"Well, that is the next step and we are hellbent for trouble."

28

-5H.M.Jr:

No, I understand that the State Department
has been put on notice and 80 has Japan,
that the English are going to open up the

road. I asked Lothian this morning, but I
am not supposed to think in terms of foreign
policy. You see, in this thing, the Solicitor
General points out the difficulty of tracing
down the money. Well, I don't think it is
so difficult if the FBI would run some of
this down in the field, but they don't do
anything about it.

Bell:

I think the Germans have had plenty of time

Cochran:

It is some internal policing rather than
this external control through which you have

to find escapes, and I wouldn't be surprised
if they have anticipated such a move and
they have got this money into hands where
it can be moved without --

to get that. It is some internal policing
such as the FBI or our own service or some

news service that you would get this stuff

on the use of funds by the Embassies, rather
than the control which we have.

White:

Except I suspect that putting it on the basis
of detection of subversive influences, which
is quite important, if that were of paramount
interest, I should think we would hesitate
a long time before doing it now, but I am

wondering whether there aren't some more important reasons that ought to be considered.
H.M.Jr:

Such as?

Bell:

I should think there ought to be more important
reasons before you would freeze them than
just the subversiveness.

White:

Yes. Why, I would say that there are two,

29

-6it would seem to me. One is the political
repercussions, which is a topic about which
there could be considerable difference of
opinion, how the public would react, how
Japan, Germany and Italy would react to a
step which would be unquestionably played up
very much in the press and would be interpreted by, I think, many people as an important diplomatic and economic move, a move

in the direction of increased economic de-

fense. That would be the first point.
The second point is that the extension of

this instrument, as suggested in the memo,

is the adoption of easily the most effective

weapon of economic defense. Through this
exchange control you do everything or any-

thing, or nothing or little. You can control trade from particular countries on particular commodities, on particular trans-

actions; you can discriminate very easily
without raising any questions other than

that of basic discrimination. In other words,

you are adopting - you are making another
move in what constitutes a very important
weapon of economic defense.
Bell:

What retaliation could Germany and Italy
make? Just take those two countries against
us.

White:

Well, at present we are getting very little

out of Germany, although I understand that
they are ready to consider now some arrange-

ment whereby some of the German bonds may be

brought back at certain rates. This is a

dribble of funds coming out of Germany, not
very much, but there is something.
Bell:

That is Kollmar's activity over there. He
is interested in this repatriation of German
securities.

30

-7White:

How much will eventually develop, I don't
know, or whether that has been started to

promote better feelings, I can't say. In
Italy there have been a few bonds which
have recently defaulted, and you can get

very little out of Italy.

Japan, the oil companies do get some of

their current profits, and there isn't much
else there.

Now, they could stop all withdrawals of funds
from those countries. They would be hesitant
to do so in the case of the oil companies,
possibly, because the only reason they are

letting them take it out is in order for them

to do more business, and they would suffer
more by preventing them from doing business

than otherwise, but I take it that if these

controls were imposed, one of the things
that would happen very soon thereafter would
be either a curtailment or almost a complete

elimination of our trade with Japan. It al-

ready has stopped with Italy and Germany.
That would have rather important economic
consequences.

Bell:

How about Switzerland and Sweden? Do we

White:

We have some.

Pehle:

Not much. How can they get in there?

White:

It has dropped very sharply, but there is
some. You could continue to let that go
through just as you do now. Whatever there
would be need not be affected by the control.
That is the beauty of the control. You can

have any trade there to amount to anything?

manipulate it by virtue of its flexibility

to either strengthen it at any time, weaken

31

-8it or be less or more generous.
Bell:

In other words, by putting on the control,
there isn't much that would be thrown to
other countries such as South America, like
Venezuela and the oil.

White:

Yes, they might attempt to - if they can
get by the blockade, as far as Italy and

Germany are concerned, they could do that
now, but Japan would unquestionably divert

more of her purchases to those countries,
but she would be in a very serious situation
if we stopped our purchases from her. She
wouldn't have very much to spend but she
would have some and she would divert some.

H.M.Jr:

We have been so aggressive here on all this

and we are talking about Japan. If they

want to stop Japan, they could stop the

silk from coming in. Why not do it through
the front door?

White:

I think if they are contemplating anything
of this kind, this is easily the best method.
If they are not contemplating anything of
that kind, there is much less reason for imposition, aside from the political consequences, and those would, I think, be very
large.

H.M.Jr:

Now, after all, if they are worried about
the propaganda, anybody can just take a

list of the staff of the German Embassy,
any of these Embassies, and compare them

with what they were five years ago, and
you know they have got five-fold. The

fellows that weren't there five years ago,
send them home. The same way with the

Consulates. You don't have to go through
all this rigamarole. The State Department

32

-9 knows which of these men - when I was in
Copenhagen a year ago last summer, they

had ten press secretaries in the German

Embassy in Copenhagen. Every other Em-

bassy had either one or none, but they
had ten.

White:

It is pretty easy to get money in and not
to cover those expenses. It may be a

little difficult for a while, but there

are so many ways of getting funds in -H.M.Jr:

And they have had plenty of time.

White:

I don't say that you don't make it more

H.M.Jr:

difficult, and I think you also could help
trace some of the activities, but -For instance, if FBI had traced a case down
to where the money was being used - I read

all of this stuff over the week-end. They
took over tracing the money in '39, and
they have been doing it a year. They wrote
me a report and sent it up to the country.

It is absolutely nothing. It is just

absolutely nothing to show that the money
being traced is being used for other than
legitimate purposes.
Bell:

I haven't seen anything that came over that
was important enough to send over.

H.M.Jr:

From where?

Bell:

FBI.

White:

Well, they had a list of funds going to

Russians and Germans. Did they trace them?

That is what they should do.

Bell:

I don't think they went beyond that point.

33

- 10 H.M.Jr:

We will put Sammy Klaus on that. He will
run it down to the man's grandmother.

Bell:

We had one of them in a report of a guy

on a ranch milking a COW. They have been

watching him for a couple of years.
White:

I believe that this control, Mr. Secretary,
is inevitable, and the question is one very
largely of timing and whether they can put
it on now and what the consequences would
be, as compared with what would happen if

you waited until after election and put it
on, I don't know, but those are the considerations. I think we are moving into
this field and if things continue as broad
as they seem to be likely to, I think it
is very essential that they should take
this.

H.M.Jr:

I tell you what let's do. You people can
all accompany me. We will all go over together at 3:00 o'clock this afternoon and
we will send this thing over in advance to
Mr. Hull. You can have my copy and give

me another one later on. Let's go over

there and say that the State Department

asked us to consider it. What have they
got in mind?
White:

Do you mind if we go over this to make sure

H.M.Jr:

Well, of course on the theory that it is

it is all right?

their meeting, maybe we had better not send

an agenda over.
White:

Either way. It would help the discussion.
I have merely enumerated all the points,

pros and cons.

34

Bell:

They won't have any memorandum on it and

we will just sit there like a blank wall.

Why don't we go into my room and go over

this and send it over there?

H.M.Jr:

We will get it to Mr. Hull before 1:00
o' clock.

Bell:

Yes.

Foley:

Who else is going to be there, Mr. Secretary?
Anybody else besides Mr. Hull and his people?

H.M.Jr:

I suppose Berle.

Foley:

I mean any other departments, Commerce or --

H.M.Jr:

Francis Biddle.

Cochran:

They have a committee of four people on this
over there. Grady and Berle and Feis and

Pasvolsky, I think.
H.M.Jr:

Personally, I think the whole thing is to

take the thing over to State Department.
The Treasury is in foreign affairs too much.

Cochran:

It is financial sanctions, that is what it
is. It is their business to decide whether

they want us to try that.
H.M.Jr:

To do what?

Cochran:

I interpret any further move when a country
is not invaded as purely a financial sanction.

H.M.Jr:
Cochran:

White:

Do you think it would be financial and economic?

Well, we are tying up their money here.
I would rather regard it as economic defense.

35
#

- 12 -

It is a part and parcel of an aspect of

defense. All defense is aimed at somebody.

of course. Otherwise, it wouldn't be defense.

H.M.Jr:

I will go with you, fellows, but I am going
to listen, We can leave here at ten minutes
to 3:00.

White:

There is no position we take here. If there
is anywhere, we will water it down. It is
merely an attempt to give the pros and cons.

H.H.Jr:

Okay.

White:

And it has some confidential information on

H.M.Jr:

Go over it in Bell's room.

the assets here.

36

C

0

P

Y

October 7, 1940
Secretary Morgenthau
Mr. White

Subject: Agenda for discussion on the question of extending
foreign exchange controls to additional areas

I. Possible
unit areas to which our exchange control can
be extended:

(a) All the "aggressor" nations
(b) All remaining countries in continental Europe
(excluding British Empire)
(c) Continental Europe plus Asia
(a) The world except American republics
(e) The world (including transactions of every
character and of every country)

(Summary of foreign balances and investments in the
United States according to the above groupings are
in Appendix I attached.)
The advantages and disadvantages of extending foreign

exchange controls are for the most part similar to
those considered when the question of freezing

Scandinavian, Dutch, etc. balances was discussed.
There are, however, some additional factors and
many of the old considerations are of growing im-

portance as the area of control is extended.

II. The chief disadvantages that should be re-evaluated
are:

(a) Possible retaliation against American assets

abroad. Americans have balances and investments

in foreign countries and imposition of control
on transactions with those areas may make it
more difficult to withdraw funds from those
areas. (A table of the foreign holdings,

investments and claims against foreign countries

will be found in Appendix II attached.)

37

(b) Loss of trade. If extended to include Germany,
Italy and Japan, and if licenses are to be
granted sparingly, our trade with those countries would probably cease. Whether or not this
would be so depends, of course, upon the policy

we would pursue in granting licenses. It is
to be noted that our direct trade with Germany
and Italy is already negligible because of the
British blockade. (See table in Appendix III
for amount of trade involved.)

(c) Burdens on foreign trade and finance. Our

foreign trade and international financial

transactions would be buridened with delays,
annoyances, and additional expense. American
banks and concerns engaging in international

transactions of any character will be put to

some additional expense because of the addi-

tional paper work, etc. involved.

(a) Added cost to the taxpayer. The administrative
cost to the government will increase as the
areas to be controlled are extended. If the
whole world is placed under control, the cost
of administration might well be several times
the cost of current controls.
(e) Government interference with private business.

Extension of exchange controls would be regarded
in many quarters as an extension of government

interference with private enterprise, and hence
as a step toward "Totalitarianism".

(f) Possibility of non-economic reprisals. Areas

subjected to restrictive measures on their movement of dollar funds may be thereby stimulated
to adopt a more unfriendly attitude toward the

United States. In the case of certain countries
it may precipitate further aggression.

(f) Might harm our Good Neighbor Policy. If applied
to Latin American countries the restrictions
may make more difficult promotion of our Good
Neighbor policy.

(h) Violation of liberal trade policies. If the

control is extended it must be recognized that
we will engage in discriminatory practices
which constitute a violation of a commercial
policy which we have been hitherto pursuing.

38
3-

III. Advantages to be weighed against the disadvantages
(a) Foreign exchange control an instrument of
national defense. The measure should be regarded primarily as an important weapon of
national defense and not as a means of ob-

taining commercial gain. If this be so, the

administrative costs and the burden and annoyance to American business are small in comparison with the costs and burdens of other defense
measures of equal potential effectiveness.

(b) Effective instrument for implementing foreign
policy. Foreign exchange control is the most
effective, comprehensive and flexible weapon,

for controlling international transactions of
every kind - trade, capital movements, tourist
expenditures, financing of subversive activities,
etc. Since most international transactions
involve money at some point, the control will
come into play. The system of licensing will
permit varying forms of treatment for different

countries, for different commodities, or for
different transactions - varying all the way
from a complete economic blockade against a

selected country to minor conservation of

strategic materials.

Exchange control, as an instrument for implementing foreign policy, can be employed with
a minimum of publicity and with a minimum of
administration explanation of particular measures undertaken. Licenses can be turned down,

delayed, or granted in part or in whole, with

no public explanation and according to the needs

of the public interests at the moment.

(c) Provides an additional bargaining instrument.
By the use of general and special licenses and

by flexibility of controls it is possible to

accord favorable treatment to selected countries

and thereby facilitate closer relationships
with those countries. One of the most important
economic weapons utilized by Germany is the

granting or withholding of exchange favors.

39

-4(d) Would make present policy less inconsistent.
Extension of control to the aggressor nations
would remove one source of criticism that our

present policy is inconsistent in that it

works hardships on some non-aggressor nations,

leaving the aggressor nations free to operate
in our market.

(e) The administration of extended controls does
not create insuperable administration problems.
The administration will be more expensive and

more cumbersome but no more complex. The essen-

tial machinery is already operating and would
merely need to be enlarged. However, the policy
making aspect would be considerably complicated.
The policy making aspects would involve a much

wider range of consideration and greater liaison
with interested departments and agencies.

(f) Is extension of control inevitable? If economic
pressure from other nations continues to increase,
it is certain that in the future we will have to
adopt exchange control. Therefore, we may want
to set up the machinery ahead of time in order

to avoid having to take such steps at a time
when there will be a host of other pressing
tasks and problems.

IV. The public reaction to an extension of controls is very
important and must be carefully evaluated.

Attachments

HDW:esh

10/7/40

Received
fun
Bot
Jeepand
at cabinet Oct4 1940
October 3g 1940

It has been suggested to m, in connection with preventing
German propaganda in this country and South America, that bank bale

ances is this country directly or indirectly under German control
should be blocked. Those funds are, st is reported, being used for
such propaganda purposes. The Treasury has already blooked balances

belonging to the nationals of the conquired countries - Norways Hall
land, Desearch, Belgium, etc. - and there 10 no doubt of the right of
the United States to block German balances. This is done by permite

ting of the withdrawal of the funds only under Licenses and by quiring a certificate showing to what use the funds are to be pas
before heavering the check. I understand that no specific reason

for refusal to benor the check is given.
Central of these large reserves would accomplish more than any
other single step to check Hast propaganda, and would be Immunity

effective and simple. For a long time Germany has made it impossible

for Americans to withdraw their old deposite or liquidate old credits
with German basks, and has out off almost entirely the payment of
dividends and interest to Americans from their investments in Commany

and in invaded countries. Under these circumstances at is a 216th

mivo, to - the least, for us to permit German balances to be with
dress to subsidise propagnada designed to undernine American institus

41

tions. I understand that when the suggestion was submitted to the
State Department last June it was not favorably received. Perhaps

a suggestion that this procedure be applied to all countries at war,
so as to include England, would make the step seen less vindictive,
and would satisfy any objections that the State Department might

have. The restriction might also be applied to other countries not
at war - such as Spain and the Soviet Union. To make control even

more certain, I suggest that a regulation be promulgated requiring
the Treasury or the Federal Reserve to photostat all checks and that

the photostatic copies be filed with the Treasury. It would then be
comparatively easy to discover where the money is going.

Treasury Orders and Statute. The Treasury orders blooking the

balances held in this country by nationals of occupied countries
(31 C.F.R., 8 130.1; 5 Federal Register 1401, 1616, 1680, 2283.)
are based upon § 5 (b) of the Act of October 6, 1917 (40 Stat. 411)
as amended by the Act of March 9, 1933 (48 Stat. 1). See also Executive Order No. 6550, January 14, 1934.

The statute reads in part as follows
During time of war or during any period of national energency
declared by the President, the President may, through any
agency that he may designate, or otherwise, investigate,
regulate, or prohibit, under such rules and regulations
that he may prescribe, by means of licenses or otherwise,
any transactions in foreign exchange, transfers of credit
between or payments by banking institutions as defined
by the President, and export, hoarding, melting or ear-

marking of gold or silver coin or bullion or currency, by

any person within the United States or any place subject
to the jurisdiction thoreofs and the President may require

:

42

any person engaged in any transaction referred to

in this subdivision to furnish, under cath, complete
information relative thereto, including the produetion of any books of account, contracts, letters, OF
other papers, in connection therewith in the custody
or control of such person either before or after such
transaction is completed.

That portion of the statute permitting the President to require
persons engaged in these transactions to produce any documents in

connection therewith permit a regulation requiring the checks themselves to be produced. Certainly the checks could be photostated
while in the possession of the Treasury and then returned to the

various banking institutions. If it is more desirable to have the
regional Federal Reserve Banks actually make the photostatic copies

the regulation could accomplish this, since the President may act
under the Statute "through any agency that he may designate."

FRANCIS BIDDLE
SOLICITOR GENERAL

43
October 8, 1940
11:03 a.m.
H.M.Jr:

Hello.

Operator:

The Postmaster General.

H.M.Jr:

Hello.

Frank

Walker:

Hello.

H.M.Jr:

Hello, P.M.

W:

Well, hello, Mr. Secretary. How are you?

H.M.Jr:

O.K.

W:

That's good. Did you call in response to my

H.M.Jr:
W:

call?

That's right.
Well, I tell you, Emily Post wasn't in town
yesterday 80 I called you. I just wanted to
know how you attired yourself when you went
to a tea

H.M.Jr:
W:

(Laughs).

(laughs) - but you didn't go and I
went with a business suit.

H.M.Jr:

Good for you.

W:

I just wanted to make sure.

H.M.Jr:
W:

H.M.Jr:
W:

Looking after the deficit, eh?
Being a novice down here, you see, I didn't
Well, I'm glad
This was an affair that my wife had to go

to and it was her first one and she didn't

want to go alone.
H.M.Jr:

Oh.

44

-2W:

How are you?

H.M.Jr:

I'm fine. I hope to see you soon.

H.M.Jr:

I hope so, Henry.
Take care of yourself.

W:

I'll do that.

H.M.Jr:

Good-bye.

W:

45

RE BRITISH PURCHASING PROGRAM

Present:

October 8, 1940
11:30 a.m.

Mr. Ballantyne
Mr. Buckley
Mr. Fairey
Mr. Gray

Mr. Young

Mr. Purvis
Mr. Foley
Mrs Klotz

H.M.Jr:

I hear you don't know why you were shanghaied

here.

Purvis:

I was just taken out of a taxicab as I got
to the airport.

H.M.Jr:

I came back last night and I was so anxious
to hear a report of what these men had done

and I thought - I did have this period here
today and I wanted to hear directly from

Mr. Fairey, because it is most encouraging
and discouraging, but I always feel I would
rather know.

Purvis:

I agree.

Fairey:

Right.

H.M.Jr:

.... than to be in ignorance. How do you feel
about the possibilities?

Fairey:

Of standardization?

H.M.Jr:

Well, the way I have divided them for ourselves, I have divided them into three
phases. One, what we can do for the municipality of San Diego, which is purely a
domestic matter which we will carry the ball

on if they will let us. Two, the question

on speed-up on orders on hand. Three, the
new orders which will be placed for standard-

ization. That is the way I have classified
them. I don't know whether that falls in --

46

-2Fairey:

Well, dealing with the second one, we can
do very little on the present ones because
the firm are so committed. There are two

different types, two different types of
both, two different types of bomber. They
look alike outside but the insides are
different. The firm are better off keeping
along on these two lines than they are trying to change it. We have done a few things.

We went through every item. We went through

every detail. We did a few little things

where we were able to standardize a bit.

The main standardization is hanging on practical considerations, whether you are going
to use the machines for long range or heavy
bombers or the short range. The question

is to get together on that. And it is tied

up with the Norden sight. The Norden sight

is built right into those machines.

Purvis:

Must we take that advantage, Mr. Secretary?

Fairey:

It isn't quite so bad as it looks. The Norden
sight is divided into three parts. First
there is the optical part, which is the secret
sight. Then there is the stabilizer and the
automatic pilot. Now, the pilot is built
into the machine, you know, like the lungs
into a man, and to tear that out would be
rebuilding the machine. Our machines are

built for the Sperry, our PBY's --

H.M.Jr:

Are they built for the Sperry?

Fairey:

For the Sperry stabilizer, yes.

H.M.Jr:

But none has been put in yet.

Fairey:

Not the sight, the stabilizer.

H.M.Jr:

What you call the stabilizer, is that the same
as an automatic pilot?

47

-3Fairey:

Automatic pilot, yes. And the U. S. machines,
Army and Navy, are built for the Norden. That
affects the Internal arrangement of the machine,
where you put your bomber, where you move your
other apparatus about, you see. You can't
standardize between those two separate systems.
You have got to have one system.

Now, we can help a lot if you could release
to us the automatic pilot half of the Norden,

because then the machines would be ready. We

could fly them with the Norden stabilizer,
but we could put in the Sperry sight and work
it by hand. It wouldn't be so good.

H.M.Jr:

That is what the boys told me.

Fairey:

Now, that is your biggest feature on the present machines, and the future from the point
of view of interchangeability, from the point

of view of standardization. All the other
things are different, but we can get over it.
The bomber is different, armor is different,
self-sealing tanks are lacking in the early

machines.
H.M.Jr:

You mean the ones that are still on the line?

Fairey:

The provision is made for them in the first
few, but they are not there yet.

H.M.Jr:

Heavens.

Purvis:

How many will come out before the self-sealing

Fairey:

I gather, ten or twelve. The provision is
made for them and there is a lot of trifling

is added?

differences, cameras and that, which we can
adjust. We did adjust, when we got down to
the smaller things, a good many things.

48

-4-

Now, if it comes to planning for the future,
I think if we could get the service heads
together, you know, doing it on a practical
plane to start with, I think we could do it.
Particularly with the PBY-5 boat, which is
nearer than the bombers are.

H.M.Jr:

Nearer together?

Fairey:

Nearer together.

H.M.Jr:

Well now --

Fairey:

Now, I beg your pardon.

H.M.Jr:

Go ahead.

Fairey:

There is another big difference that is going

to affect this future standardization. All
the 24-A's, which are the first batch of the

bombers, are built for non-superchargers. The
24-C's which come out for the Army are built

for superchargers. That again alters the

machines, makes a radical difference in them.
The supercharger is a tremendous improvement.
H.M.Jr:

Isn't that just part of the engine?

Fairey:

Unfortunately, no. It goes back into the
structure. It goes back into the spars of
the center section and it affects the control, run of the engine controls.

H.M.Jr:

But it is that part of a machine which enables

Fairey:

That is right.
Is that also the part that creates this

H.M.Jr:

it to go at a high altitude, isn't it?

pressure in the cabin or not?

Fairey:

No.

49

-5H.M.Jr:

That is something else again?

Fairey:

That is a different matter. So you see, to
start with in the first batch, we have got to
face the fact we have got two different
types and this fact sticks out, that as regards the bombers, it would take at least
two months to convert those - you know, if

we didn't have the Norden sight - this other
thing is two something -Purvis:

If you didn't have the Norden sight or Norden

Fairey:

Norden stabilizer. It is like trying to tear
the liver out of a man to try to tear the

stabilizer --

sight out of that machine. If you leave the
optical part out, we can still use the machines.

Buckley:

Isn't there a difficulty there, if I may raise
the point, that in those Army bombers there

isn't sufficient room to use the Sperry sight,

even manually, with the Norden automatic pilot?

Wasn't that the final decision they came to?
Fairey:

The Sperry sight would go into those we are

building for ourselves, the LB-30's. It
wouldn't go into the early Army ones. A

manual sight would go in.
Buckley:

Your other manual sight will go in?

Fairey:

Yes.

H.M.Jr:

Philip, for this meeting at 3:00 o'clock tomorrow, I think the things that we need should
be listed. I mean, like just the things we
are talking about. Do you follow me?

Young:

Yes, sir.

50

-6H.M.Jr:

That if you want to give the English the
one for one within the period, we will
have to release the stabilizing part of
the Norden sight. I think that should be

put on the agenda. I have got Stimson and
Knox to be here at 3:00 tomorrow and I

thought if you could be in Philip Young's
room at 3:15 with Fairey, if something
comes up, if you don't mind, I could simply
say, Well now, Mr. Purvis and Mr. Fairey
are down the hall on call."
Purvis:

With a chance of something coming up of that

H.M.Jr:

Yes. That is the kind of agenda I want, Phil,

kind, we shall be there.

so they can say yes or no.

Fairey:

That is the heart of the whole scheme. It
is built right into those machines, and the
one for one business, the success of it
largely hangs on getting that stabilizer.
The rest of the things we can adjust, al-

though the early bombers - I am not talking

of the PBY boats - it will take, as I say,

at least two months to alter them, perhaps

less than that with that sight, and they
won't take a turret. They are a different
type from the later ones. They won't take
a table turret, a gun turret, and they are
not armor plated and there is quite a lot
to do to them.

Purvis:

Those are the first ten to twelve?

Fairey:

No, the first six we want for transportation,
so we don't care about armor or guns or any-

thing, as long as we can have this stabilizer.
That gives the firm a good start off. We

will give six and that will be a great help
in time, because the firm has this attitude.

51

-7They say, "We won't change a thing." You
see, they have got to build an Army machine
as an Army machine and a British machine

as a British.

H.M.Jr:

And the first six will be used for trans-

Fairey:

Yes. You know, those are the six we have

Purvis:

To keep the North American route open.

H.M.Jr:

I keep forgetting about it. I forget that

Fairey:

These are the six.

Purvis:

portation?

been bothering you about.

these are the six.

B-24' s, so that in a way that may be just

as well.

Fairey:

It is a godsend.

H.M.Jr:

And these have no self-sealing tanks?

Fairey:

It doesn't matter for transport.

H.M.Jr:

They can only take one turret?

Fairey:

They can only take one turret.

H.M.Jr:

Again for the agenda, it is a point of argu-

ment that they should give them up because

they are not, you might say - they are semiobsolete, Phil.

Young:

Yes.

Buckley:

That is a source of nine more planes, because

the Army is only going to get nine of these

after the British get six plus twenty, and

52

-8the Army Air Corps men indicated in San Diego
that as far as they were concerned, they

would just as soon the British had all 29
so they wouldn't be left with 9 B-24-A's,

which would be different from anything they

would get in the future.

H.M.Jr:

Well, put that down. That is the purpose
of this meeting. I am getting my agenda
ready for tomorrow.

Purvis:

Yes.

H.M.Jr:

How many of these?

Buckley:

There are seven B-24's yet to come, of which

six will go to the British. That is the

first six. Then one to the Army for experimental purposes. After that, there are

29 B-24-A's to come, of which 20 were assigned

to the British, and then that left 9 orphans

going to the Army.
H.M.Jr:

Yes.

Buckley:

And the Army is probably perfectly willing to
give those up. After that, you could come
into the B-24-C's and the LB-30's, which are
the corresponding ships.

Purvis:

They begin to come out at about what date?

Buckley:

It is April of next year.

H.M.Jr:

Well, the Army doesn't show - they have 30

Buckley:

Of those, only 29 are B-24-A's and the rest

H.M.Jr:

Well, get it down on a piece of paper for

B-24's.

are B-24-C's.

tomorrow, will you? And then they have got

53

-9this big order for B-24-D's.
Buckley:

H.M.Jr:
Buckley:

That is right.
That is the B -That is the one that should be standardized
alongside of the LB-30, because that is the

ultimate ship for both services.

H.M.Jr:

Well, that is the one that should be stan-

Buckley:
H.M.Jr:

That is right.
And there is still time, isn't there?

Buckley:

Yes, if we go right to work on it.

Purvis:

Deliveries start on the 24-B when?

Fairey:

That is the supercharged one. That assumes

dardized.

they are going to release to us the super-

charger.
H.M.Jr:

Haven't they, yet?

Buckley:

Oh, they will release the supercharger. It
is just a question of adjusting production.

Fairey:

Oh, they will?

Buckley:

Yes.

Purvis:

Actually, the disposition with the exception

of the Norden bomb sight has been really to
release to us these various things as orders

necessitate. I think it is only the Norden
bomb sight that has been kept back from us.

In fact, the bomb sight until recently and

now the Norden bomb sight.

54

- 10 H.M.Jr:

Well now, leading up - your English fourengine Sterling bomber, will that be a
better - what has that got? Can we learn
anything
from that that we might put into
this?

Fairey:

Oh yes, it is a lot better than the 24-A,
but the - from the armament point of view.

H.M.Jr:

How about the B-24-D?

Fairey:

The 24-D doesn't come out yet with super-

H.M.Jr:

Does yours have a supercharger?

Fairey:

No, but by virtue of the supercharger, the

chargers.

24-D will be better than the Sterling in
performance and height, but the Sterling is

a wonderfully armed machine, turrets and
armor plate.
H.M.Jr:

Can't that be adapted to our bomber?

Fairey:

Yes.

H.M.Jr:

To a four-engine Consolidated.

Fairey:

The system, yes.

Purvis:

If I understand you correctly, you are taking
the situation that if we are now going to

come together on the type, we take the very
best out of everything we know on both sides?
H.M.Jr:

Yes, and concentrate - let's - looking forward
from six months ahead or nine months ahead,
the next four-engine bomber that we have,
we learn everything you people have got and

put it in and decide this is one that both

the English and ourselves will use from now

on.

55

- 11 Purvis:

I see.

H.M.Jr:

The thing will be coming along.

Fairey:

Yes, we will be able and pleased to give

all the information. In fact, we have done

it.

H.M.Jr:

And the same on the flying boat.

Purvis:

And you are assuming that we will get information on the American side?

Fairey:

Yes. It is not so easy, Mr. Morgenthau, always
to agree. We can give you information and
the U. S. Army may say, "Well, we don't agree

with you. We think our system is still better."
H.M.Jr:

Well, I think you will find more and more that

Fairey:

You see, I will give you an example of the

they will listen.

arguments we run into. Our bombs have two

different fuses. On one, they can be set

in the air. You can go off "contact" or

you can go off deep. Now, when you are
attacking a submarine, the submarine might

be on the top and you want it contact or

it might be deep, but the pilot can set it
as it starts and perhaps just before he
drops the bomb, he can change it into a

depth bomb. The American bomb has only one

type of fuse and you have got to commit

yourself before you go out on a flight
which sort of fuse you have. Those are the
points the two services have got to get together on.

H.M.Jr:

I think you should, as far as you can, and
tell them you will have to come up to the

top side where the civilians are who have
an imagination.

56

- 12 Fairey:

All right.

Purvis:

That applies to us.

Fairey:

Quite right.

H.M.Jr:

Well, I want all the help on this agenda

for tomorrow, and then going on the assumption

that we are going to whip this Consolidated
company into a real company - I just wrote

a letter to the President telling him - warning him that we wanted $23,000,000 for the
City of San Diego on housing alone. It has

gone over. $23,000,000. That will give you
some idea of the size.

Now, continuing this line of thought, in one
of these memoranda I read, you people will
want a long-distance two-engine bomber, and

looking - I had Phil do a little inquiring it seems the North American has one and I
think you ought to leave them alone and let

them concentrate on the trainer, so it comes
to the Glenn Martin. What I don't know -

after you take a look at it - is what you

want, but I am thinking in terms of Glenn
Martin as the next company to try to do a
job on. I did see them turn out 2g and 3
bombers a day for the French. He can do
it, you know.
Have you (Young) found out the difference
between the English and the U. S.?
Young:

Not specifically; I know some differences.

It is evidently still up in the air, as a
matter of fact, as to just what the differences are going to be.

H.M.Jr:

Well --

Young:

It hasn't been built.

57

- 13 H.M.Jr:

Phil says it is still in the air, which --

Young:

Mr. Perry may know offhand.

H.M.Jr:

The Army has an order on the B-26 bombers

Fairey:

187, yes.

H.M.Jr:

Are they the same?

Fairey:

No. The 167 is the French converted. The
187 is our own type.

H.M.Jr:

Let's talk about that. Is that at all the

Fairey:

No, it is medium. It is not so heavy.

H.M.Jr:

In view of the most recent advices from
England, is that what they want?

Fairey:

For its class, yes. It is a medium bomber,
not a heavy. We want the 187, but it is
the same sort of style that we are using

and you have an order. You have two different
orders. You have one 67-F-4, which you have
168 on order, and the 187, of which you have
got 600 on order.

same as the B-26?

now, the medium bomber.
H.M.Jr:

Well, what I was trying to get over is this:

this B-26 takes roughly a 2,000 horse engine
and I guess it is heavy.

Fairey:

In between. It doesn't range quite up with
the heavy. It doesn't carry quite as much

weight.
H.M.Jr:

You know, this is only two-engine. But would
you want to concentrate with Glenn Martin
on the long-distance two-engine bomber and

58

- 14 -

try to get together with the Army and say
that, "Here is Martin, and we have a twoengine bomber coming off," which would be

again as near as possible the same for the
English and ourselves?

Purvis:

Fai rey, does the new English program that
we have been talking about embody such a
bomber of such proportions?

Fairey:

I am not very familiar with the B-22 and
the B-26 because it is a secret type. They

have got them shrouded with secrecy. But

from what I understand, it is not so big.

Fairey:

It takes the 2,000 engine.
It is an American machine that I am not

H.M.Jr:

It takes the biggest engine we have.

Young:

It takes two Pratt & Whitney 2800's.

Fairey:

It sounds good enough.

H.M.Jr:

And this is the one the Canadians have been

H.M.Jr:

familiar with.

asking for recently, the B-26.
Purvis:

This discussion - it would seem to me that

in a way, if there were no objection, it

would be well if our people could see some
of the American types.
Fairey:

Mansell just has seen this particular one,
but he hasn't reported to me yet.

Purvis:

But he is able to see them?

Fairey:

Yes.

H.M.Jr:

The Martin B-26?

59

- 15 Fairey:

Yes.

H.M.Jr:

He has seen it?

Fairey:

Yes.

Purvis:

Then we ought to be able very quickly to
get --

H.M.Jr:

From what I hear of it, it looks to me as
though it was one S tep ahead and I am just you see, not just saying, "What company do

you want to take next?" And I was going to
suggest Martin, if it was agreeable to you.

Fairey:

I quite agree.

H.M.Jr:

And try to concentrate on this B-26 with
whatever modifications you fellows could

bring in, bringing it up to date.

Fairey:

Yes.

H.M.Jr:

I know that from what I have actually seen
with my own eyes that Martin can turn out
planes and he can turn out a number of them

a day. He has done it. I saw him do it.

He said he could do much more.
Purvis:

He ought to be organized in such a way --

Fairey:

He has a very good organization.

H.M.Jr:

He could. He could turn out from three to
five of these a day, if he had the orders.

Purvis:

We want to enable them to plan ahead.

H.M.Jr:

Would you like to do Martin next, if that
was agreeable?

60

- 16 Fairey:

Yes, certainly. It is a very good or-

H.M.Jr:

This is the way I am looking, just so you
get this idea. If you agreed on a four-

ganization.

engine bomber and you agreed on the flying

boat, then you agreed on a - you call this

B-26 a heavy bomber, don't you?
Fairey:

Yes.

H.M.Jr:

If you agree on that, and then the next
thing after that, whatever is going to be

the most advanced type of pursuit ship when

you get through with the P-40. That is the
line I am thinking along. Then bring them
together on those things, and that is pretty
well - that pretty well covers the program

for the fighting ships, doesn't it?

Fairey:

Yes.

Purvis:

If you could get the quantities you wanted.

H.M.Jr:

What else would you need?

Fairey:

Except for special types like dive bombers.

H.M.Jr:

Well, will you agree on that?

Fairey:

Yes.

H.M.Jr:

That is a Navy thing, isn't it?

Fairey:

Yes, or Army.

H.M.Jr:

Better stick with the Navy because they are
way ahead on it. But that would make five

types, wouldn't it, four-engine bomber, fly-

ing boat, two-engine long-distance bomber,
fighting ship, and a dive bomber?

61

- 17 Fairey:

Yes.

Purvis:

There is no real reason, is there - there
is no real reason why we should have a

number of pursuit ships, if you could get

the quantity of the type that is best.

Fairey:

No, not at all, as long as you have got

two firms going so that one is coming up

with a new type while the other is in production, you see, so you don't stop them
both together.

Purvis:

Yes, that is right.

Fairey:

We always work at home with two firms like

the Hurricane and the Spitfire, so that
now you see the Spitfire is ahead. The

Hurricane people have just brought out their
new one, you see. The Spitfire can go on
long enough and keep going to let them get

their new one perfect, and then it will be
Spitfire's turn to change.

H.M.Jr:

That is all right.

Fairey:

We always work with two firms and two types.

H.M.Jr:

That is good, but if we just went through
this and then as soon as you got these
people set, you could say, "Who has got a
better four-engine bomber, let's take a

look at that one." Of course, we would

have two firms going there. We would have
Boeing on the four engine and the other,

but if we could just go right through this
in the next two or three weeks and get that
thing set.

Purvis:

It sounds wonderful.

62

- 18 Fairey:

I quite agree.

H.M.Jr:

I understand from Curtiss they have what

they call their 400 mile an hour ship coming
along, which they think will be one jump
ahead of anything else.

Fairey:

Their fighter, pursuit?

H.M.Jr:

Yes.

Fairey:

We want to bring forward our Tornado, which

H.M.Jr:

is over 400, with a 2,000 horse engine. It
has twelve guns. That is flying now.
Is that the one I suggested bringing over

here?

Purvis:

Yes.

Fairey:

I know we were trying to get it. We have
taken steps to get it. We have got our new
2,000 horsepower liquid-cooled engine flying
and through its tests and we have got the

machine flying.
H.M.Jr:

If we could do that, we would make several
jumps ahead, wouldn't we?

Fairey:

Yes. We are really pleased with the new
Tornado. And of course we are very well
impressed with the Sterling.

H.M.Jr:

Well, I think for tomorrow, Phil, if Mr. Fairey
could sit down with you and fix up this agenda
and then Ed, you see, we would get it over to

Forrestal still today.
Foley:

He won't be back, I don't believe, until the
first thing in the morning.

64

H.M.Jr:

I agree with you.

Fairey:

Because they have got an advanced amount

of primary structure built, you know, all
the hulls, shells, going on. They have

laid out the shop on an enormous scale.

They have expanded very fast, but the diffi-

cult part of building an airplane is putting
the stuff inside it, organizing the assemblers
and getting all the equipment in, and that
they will find is going to take them longer
than they plan on.

H.M.Jr:

I think you are right, but that is why I

started off the meeting by saying I would

much rather know the worst.
Purvis:

What can we do to overcome that?

Fairey:

There is nothing we can do.

Purvis:
H.M.Jr:

Is there no stiffening - I am just using

we --

Yes, the boys - I think we definitely have
a program. There is some talk, I mean, if
he can't do it, we will have to put in somebody who can.

Purvis:

On those conditions, there is nearly always
something.

Fairey:

Mr. Buckley was merely inviting my opinion,
as one who knows, and my opinion is that
they will be behind hand on the organization

and the works. It may be all right.

H.M.Jr:

I think it is a shocking condition out there,
but I hope when they go around that they
won't find all as bad as that. I don't think
they will. I think we have visited the worst,
at least I hope so.

65

- 21 Fairey:

H.M.Jr:

Yes. Well, the officers felt the Curtiss-

Wright was marvelous, and Glenn Martin is
very well.

I think he is all right. That is why I

would like to see him --

Fairey:

I think he could cope with expansion.

H.M.Jr:

You see, the beauty of the thing now, we
are at this phase where the Army have let

all their contracts and they are through.

Now, we come along and really talk business
to them.

Purvis:

Yes. It is a better tactical position.

H.M.Jr:

Much better. I think Martin will do a good
job.

Fairey:

Oh, yes. I have known them for a long time
and they have a very good firm.

H.M.Jr:

Did the men tell you of this proposal that

they are going to make tomorrow of this
board that you were going to sit on, on
the Republic?

Fairey:

No.

H.M.Jr:

I have spoken twice today to Patterson, and
the last comeback is that as a compensation,
as Patterson put it, for the mental earmarking

on these planes for you, they are talking of
giving you every seventh Harvard trainer, a
total of seventy.

Fairey:

That is very nice.

Purvis:

That might enable us to get some more pilots

in the air.

66

- 22 H.M.Jr:

And I took the liberty - I made that suggestion over here. I said, "Why not Har-

vard trainers?" I took the liberty of
saying that I was quite sure they were

going to Canada.
Purvis:

That is right.

H.M.Jr:

They would, wouldn't they?

Purvis:

Oh, yes.

H.M.Jr:

Which seemed to please Patterson a lot.
Wouldn't that be about as useful as anything?

Fairey:

Certainly.

Purvis:

That is about as good a deal as we could
expect.

H.M.Jr:

Did you notice I said "mental earmarking"?
He looked through the whole thing and
couldn't find out how you people got in
on this.

Purvis:

That was the day Patterson was here.

H.M.Jr:

Yes. I didn't enlighten him any. It is
the big order that they have. I think it
is called the AP-6 trainer, I think that
is what it is.

Young:

That is right.

H.M.Jr:

That is a big order and you are to get every

seventh out of that up to 70. That is his
first order. That is going to come up at

this committee which you sit in on tomorrow.

Fairey:

Thank you very much.

67

- 23 H.M.Jr:

That would seem fairly good, wouldn't it?

Fairey:

Yes, very good.

Purvis:

After all, it is better - this is in exchange

for
it? the Republic machines we can't get, isn't

H.M.Jr:

You have got it. I think it would be very
nice. So far, they haven't asked for anything back. It is in exchange for a machine
that nobody wants.

Fairey:

Yes.

Purvis:

You were going to give up the Republics gracefully tomorrow.

H.M.Jr:

Philip, is that everything, if these gentle-

men will help you with the agenda for tomorrow?

Young:

Yes, I think that covers it.

H.M.Jr:

Ed?

Foley:

I have nothing else.

H.M.Jr:

Does that cover it?

Foley:

Yes.

H.M.Jr:

I was thinking of the experience that you
(Buckley) had on the boat. Did Mr. Fairey
go out on the boat, too?

Buckley:

Yes, he was on the boat.

H.M.Jr:

Was he asked to --

Foley:

It wasn't a yacht club.

68

- 24 Buckley:

They let him run the boat. I was the one
who had to go over and make the survey.

H.M.Jr:

I gathered you all had a good time.

Fairey:

Well, we got there around a bout 10:30 in
the morning and we had a bath and then we

worked that night until we slept. We

started a conference at 8:30 on Saturday
morning and we just thought we had finished
when they took us out and we had the boat
ride. Sunday we got up - we had two hours
rest on Sunday. I had some conferences
with my people on the West Coast side and
then we came back again.
Purvis:

A boat ride, but no buggy ride.

H.M.Jr:

Our people think it is distinctly worth
while, and Forrestal is very enthusiastic.

Purvis:

Well, it is bound to develop the problems I mean, a joint attack of that kind seems
to me just excellent.

Fairey:

It gives you such an insight into the whole
situation. You can swap ideas about it.
You get a much better idea instead of just
wondering what it is like.

H.M.Jr:

Foley wants a flag designed for the General
Counsel of the Treasury. He says not having
his own flag is a great disadvantage.

Fairey:

You were addressed as General?

Foley:

I told the Secretary about my new title out
there.

Purvis:

What is this?

69

- 25 Foley:

Admiral Cook and General Foley and Commander

H.M.Jr:

But he had no flag.

Foley:

No flag.

Purvis:

You
get situation?
titles instead of airplanes, is
that the

Foley:

That is right, lots of conversation.

H.M.Jr:

Buckley insisted they got Hollywood and this
plant mixed up. He thought he was going
through a Hollywood plant the whole time.

Buckley:

Scooters going back and forth and buttons,

this and Major that.

Fairey:

telephones, titles on all the doors -But no deficiency list.

Buckley:

Yes. The production man knew he was deficient,

there were lots of parts he ought to have, but
when we asked him for a list, he didn't have

it. He had to make a list and mail it to us.

H.M.Jr:

Put the aluminum on that thing tomorrow.

Buckley:

Right.

H.M.Jr:

Well, I am awfully glad you went out. My
people are very enthusiastic about it.

Fairey:

I think it would be a good thing to do some
of the other towns, too.

H.M.Jr:

They were very enthusiastic about having you

out there. Thank you all for coming.

70

GRAY

CK

Montevideo

Dated October 8, 1940
REC'D 4:23 p.m.

Secretary of State
Washington

224, October 8, 5 p.m.
The Bank of the Republic announced today quotas for

the last quarter of 1940 for imports from the United
States at the free rate of $60,000 for automobiles and
$60,000 for bus and truck chossis.
WILSON
NPL

71

DEPARTMENT OF STATE
ASSISTANT SECRETARY

October 8, 1940
Memorandum to Secretary Morgenthau

Department of the Treasury

You possibly have the following from the FBI:

"As of possible interest to you, please

be advised information has been received from
a confidential source that on October 3, 1940,
the Marine Midland Trust Company, Whitehall
Branch, 17 Battery Place, New York, New York,
received $1,233,600 from Deutsche Goldidiskontbank, Berlin, Germany, to be credited to the
account of the law firm of Topken and Farley,
New York, New York, attorneys for the German
Consulate General.

"Arrangements have been made whereby the

Federal Bureau of Investigation will be
notified concerning any transfer of these
funds."

There has likewise been received the following
from the FBI, under date of October 1:

"As of possible interest it is to be

noted that the German Consulate in New York

City has withdrawn the following funds:
7/10/40, $13,000 ($2,000 in $500 bills,
$5,000 in $100 bills, $5,000 in $50 bills,
and $1,000 in $10 bills); 7/17/40, $35,000 in
$1,000 bills; 7/24/40, $18,609 ($17,000 in $100

bills, ten $100 bills, and the remainder in small
$100 bills, $2,500 in $50 bills, and the
remainder in smaller denominations); 8/24/40,
$5,000 in $100 bills; 8/27/40, $10,000, half in
$50 bills and half in $100 bills; 8/29/40,

denominations); 8/16/40, $20,000 ($15,000 in

$10,000,

72
-2-

$10,000, half in $10 bills and half in $50
bills; 8/31/40, $10,000; half in $50 bills
and half in $100 bills.
il

This last strikes me as pretty serious business.
According to this, inside of six weeks $121,000 has been
withdrawn by the German Consulate in New York City in

bills -- chiefly of the denominations of $50 and $100.
This can only reflect a desire to carry on some kind of

activity in the United States without leaving any
trace.

Adolf A. Berle, Jr.

Assistant Secretary

73
PARAPHRASE

No. 474, October 8. g D.B., from Embassy,
Buenos Aires

Dr. Pinedo, during the course of a general conversation
today with regard to plans for the further development of

Argentina's industries, said that he was very desirous of cooperation by the United States in having conducted an industrial
survey by a combination of private interests and Government

experts. The Minister of Finance said that he would like that
such a survey should be of a comprehensive character but with

emphasis laid on certain industries. He said, by way of illastration, that he would like to explore the possibility of the
manufacture of newsprint and other paper products. Dr. Pinedo
expressed the view that any survey to be made should be made

keeping in mind conditions in the United States and other Latin
American countries so that the industries established or expanded
should be well suited to Argentina and should complement the

industrial development of other countries in this region. I
informed the Minister that his interest in an industrial survey
would be communicated to the Department by cable.
TUCK

RA:AED

copy

pf

TREASURY DEPARTMENT

74

INTER OFFICE COMMUNICATION

DATE October 8, 1940

TO

Mr. Thompson

FROM Mr. Haas

YOA

In further response to your request of December 26, 1939,
there is submitted herewith for the Division of Research and

Statistics a memorandum listing, with brief descriptions, the
studies or projects completed or under way, and the names of
persons working on each, for the month of September 1940.

75
DIVISION OF RESEARCH AND STATISTICS

Report of Studies or Projects Completed or Under
Way, and the Names of Persons Working on Each,
for the month of September 1940

For convenience of reference, the studies listed are

grouped under general subject heads.

The names shown for persons working on each project

include only those who participated fairly directly, as

explained in the introductory note to the corresponding
report submitted on December 28, 1939. No attempt has
been made to cover also persons whose responsibility in
each particular case was mainly in planning, supervising,
or consulting.

Financial Analysis

I. Projects or studies completed
1. A review of current developments in the high-grade
securities markets was prepared, and a memorandum was
transmitted to the Secretary on September 6. - Mr. Haas,
Mr. Murphy, Mr. Turner, Mr. Purvis.
2. A memorandum was prepared on the pricing of the

Treasury securities to be offered in the September
financing, and was transmitted to the Secretary on

September 10. - Mr. Murphy, Mr.Tickton, Mr. Conrad.

3. Five tables were prepared of probable yield bases and
premiums of the Treasury bonds to be offered in the

September financing, assuming two-year and three-year
call periods, and were completed on September 14, 23,
and 24. - Mr. Murphy, Mr. Tickton, Mr. Conrad

4. Yield rates on United States securities, direct and

guaranteed, on the basis of over-the-counter closing
quotations were calculated daily. These were summarized
each day in a table showing for each issue the closing

price and yield that day, the change in price and yield

from the preceding day, and the price range since date
of issue and also for the years 1939 and 1940 to date.
A chart for each issue was kept up to date showing recent daily price and yield figures together with comparative monthly data since 1933 or since date of issue. Mr. Brown, Mr. Moody, Mr. Kroll

76

-25. At the request of the Secretary, arrangements have
been made to secure periodically from the British
Purchasing Commission certain information regarding
purchases in the United States by the British Empire.
Mr. Haas, Mr. Lindow, Mr. March

-

(1) Weekly statements are received covering in dollar
volume itemized purchases through the Commission
by British Empire countries, itemized purchases
made by these governments with the knowledge of
the Commission but not through its facilities,
and inquiries made by the Commission or with its
knowledge for future purchases. In these reports

all orders and deliveries are being classified in
some twenty-five commodity groups designed especially for the purpose of this project. Tables

showi ng weekly orders placed by the British Empire,
classified by commodity groups, were prepared for
the weeks ended August 24, 31, September 7, and 14:
and tables showing the delivery status of orders placed
by Great Britain through the British Purchasing Commission, classified by commodi ty groups, were prepared for the weeks ended August 10, 17, 24, and 31.
These tables were transmitted according to instruction by the Secretary.
(2) Arrangements have be en made also to secure from
the same source periodic statements showing commitments and actual payments by British Empire

countries for the purpose of providing capital

assistance to United States companies in order
to expedite deliveries. These commitments are

classified by four industry groups: (a) airplanes,
(b) airplane engines, (c) airplane accessories, and
(a) other than aircraft. Tables showing capital

commitments as of August 24, 31, and September 14
were prepared and were transmitted according to

instruction by the Secretary.

(3) Special attention is being directed toward the aircraft industry, both as to the effect of capital

assistance and as to output. Weekly statements
are prepared showing by airplane and airplane engine
companies the physical volume of orders placed, deliveries made, and scheduled deliveries on unfilled
orders and on options. These statements give detail
by type of airplane or type of engine. Summary tables

give similar information rith regard to purchases of

-3-

77

secondhand planes and engines. Tables giving
details and summaries regarding purchases of airplanes and airplane engines, as of August 31,
September 7, 14, and 21, were prepared, and were

transmitted ancording to instruction by the Secretary.
(4) A table showing the status of iron and steel
purchases by the British Government was prepared
as of August 31, 1940, and was transmitted on

September 19, according to instruction by the

Secretary.

(5) A table showing a forecast of future deliveries

of orders by Great Britain placed through the
British Purchasing Commission, unfilled as of
August 31, 1940, classified by commodity groups,
was prepared on September 19, and was transmitted
according to instruction by the Secretary.
(6) A statement showing estimated future payments in
the United States by the British Government on
balances due as of August 31, 1940, was prepared
on September 25, and was transmitted to the
Secretary.

6.

At the request of the Secretary on May 23, arrangements
were made for securing weekly until September 11, and

after that fortnightly, from more than forty airplane

and airplane engine manufacturers data on deliveries,
new orders, unfilled orders, and estimated deliveries
by months on the unfilled orders. Analytical tables
are prepared fortnightly showing this information by
type of plane or engine and by class of purchaser.

Reports for the weeks ended August 31, and September 7,
and for the two weeks ended September 14, were transmitted

according to instruction by the Secretary. - Mr. Haas,
Mr. Tickton, Mr. D. J. Leahy

7. A memorandum was prepared at the request of Under Secretary

Bell on September 24, on the provisions of the proposed

excess profits tax bill which would affect United States

Government securities, and was transmitted to him on the
same date. - Mr. Murphy

8. A memorandum was prepared at the request of Under Secretary

Bell on September 19, on the earnings on invested capital
by banks during the calendar year 1939, and was transmitted
to him on the same date. - Mr. Murphy, Mr. Conrad, Mr. Purvis

-4-

78

9. Chart and annotations with respect to the factors influencing the movement of interest rates during the last

World War have been completed, and were transmitted with a
memorandum to Under Secretary Bell on September 27. - Mr.
Turner.

10.

At the request of Assistant Secretary Gaston on September 17,
the figures in an article by the Assistant Secretary, entitled "The Government 88 a Business", were brought up to
date, and were transmitted to him in a memorandum on
September 21. - Mr. Turner

11. At the request of Under Secretary Bell on September 5, in
connection with an article for publication by Fortune

Magazine, a memorandum entitled "A Prologue to War Finance"
was
prepared,
on that
date. and was transmitted to the Under Secretary

In response to a request by Mr. John Davenport of Fortune
Magazine on September 7, three tables and charts were prepared showing the public debt of the United States and
the United Kingdom, classified by the number of years to

maturity; the amount of guaranteed obligations by agency;
the interest-bearing public debt and guaranteed obligations,
by type; and the interest-bearing public debt and guaranteed
obligations by the number of years to maturity. A letter to
Mr. Davenport transmitting the data was prepared for signature of the Under Secretary, and was mailed on September 12.

At the request of the Under Secretary on September 28,
a draft of the article submitted by Fortune Magazine was
revised and checked, and was transmitted to the Under
Secretary on September 30. - Mr. Haas, Mr. Murphy, Mr. O'Donnell
12. A review was made of a report by the Legal Division on
S.4213 (to prevent profiteering and to make the financial
resources of the nation available to the Government for
National Defense), in response to a request by Senator
Sheppard, Chairman of the Committee on Military Affairs,
as requested by the Legal Division on September 26. The
report was approved, and was forwarded to Mr. Sherbondy
on September 27. - Mr. Murphy

13. A review was made of a report by the Legal Division on
S.4214 (to mobilize financial resources by drafting money),
in response to a request by Senator Sheppard, Chairman of
the Committee on Military Affairs, as requested by the
Legal Division on September 26. The report was approved,
and was forwarded to Mr. Sherbondy on September 27. -

Mr. Murphy

79

-5II. Projects or studies under way
1. Chart comparing yields on long-term Treasury bonds and
over-the-counter volume depends for completion upon arrangements to secure the necessary data. - Miss Eyre

2. Study of the relationship between the yields and
maturities of high-grade securities immediately pre-

ceding prior a bear markets in such securities. -

Mr. Turner, Mr. Conrad

3. Comparison of relative amplitude of price fluctuations
of long-term
and short-term securities. - Mr. Lindow,
Mr.
Conrad

4. Study of the effect of the maturity, call period, coupon,
premium,
and size of- Mr.
the issue
on the prices and yields
of U. S. securities.
Conrad
5. Discussion of various problems encountered and solutions
devised in connection with war borrowing. - Mr. Murphy
6. Memorandum comparing and contrasting war and depression

deficit-financing. - Mr. Murphy

7.

Review of war-financing measures in the British

Dominions and Germany in the present war. - Mr. Murphy

8. United States Savings Bonds - An analysis of factors
affecting redemptions of United States savings bonds,
as a guide to future experience. - Mr. Conrad
9. A memorandum 18 being prepared in connection with a

request of Under Secretary Bell of June 24, on the
distribution among the various classes of investors
of increases in the direct and guaranteed public debt
since June 30, 1933. - Mr. Murphy, Mr. Turner, Mr. Purvis
10. At the request of Mr. Broughton on September 14, a
memorandum is being prepared for Under Secretary Bell
on interest rates of United States savings bonds. Mr. Murphy, Mr. Brown

11. At the request of the Division of Statistical Standards,
Bureau of the Budget, on September 20, a review is being
made of the "Base Book of Financial Statistics", to be
issued by the Federal banking authorities. - Mr. Murphy

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80

12. In response to a request by Mr. Foley dated September 25,
cooperation is being given the Legal Division in preparing a review of the tax compromise case of the Erie
Forge and Steel Company. - Mr. Conrad

13. A review of a report by the Bureau of Accounts on
S. 4269 (to extend the Social Security Act), at the
request of Senator Harrison, Chairman of the Finance
Committee, is being made in response to a request by

the Bureau of Accounts on September 10. - Mr. Murphy,

Mr. Brown

Revenue Estimates

I. Projects or studies completed
1. The regular monthly statement was prepared for the
Bureau of Accounts, showing the latest revised estimates of receipts, by months and by principal sources
of revenue, for the period September-June 1941, and
was transmitted on September 5. - Mr. Wilson
2. The regular monthly summary comparison of estimated re-

ceipts and actual receipts in August 1940 on the daily

Treasury statement basis, was prepared, September 7. -

Mr. Wilson

3. The regular monthly detailed comparison of estimated
and actual receipts in August 1940, and for the period
July-August 1940, based on the collections classification, was prepared, September 30. - Mr. Wilson
4. Population estimates of the Continental United States,
based on the 1940 census data, were prepared for the
months from March 1940 through November 1941, and were

forwarded on September 27 to Deputy Comptroller of the
Currency Mulroney, and to Mr. Weber, Office of the

Treasurer of the United States, in response to rerespectively. - Mr. Wilson
quests from their offices on September 20 and 25,

5. A detailed estimate of additional yield from the proposed excess-profits tax on the basis of the calendar
year 1940 liabilities as requested by the Division of
Tax Research on July 20, was prepared, and was transmitted to Assistant Secretary Sullivan. - Mr. T. F. Leahey

-7-

6.

An estimate of the revenue effects of the bill H. R. 1,
76th Congress, First Session (a bill providing for an

excise tax on retail stores)which was being prepared
for the Division of Tax Research, has been abandoned
because the bill is no longer current. - Mr. T.F. Leahey
7. Preliminary estimates were made of miscellaneous
internal revenue, except from the capital stock,

estate, and gift taxes, for the fiscal years 1941

and 1942. - Mr. Daggit, Mrs. May, Mr. Chevraux,
Miss Rastall, Mr. Smith, Miss Hagedorn

8. In connection with consideration of the proposed
"Second Revenue Act of 1940", Title I, Excess Profits
Tax, a number of revenue estimates listed below, were
prepared for use of Assistant Secretary Sullivan. Mr. O'Donnell, Mr. T. F. Leahey, Mr. Wilson
(1) Estimates were prepared of gross and net yields,
at estimated income levels for the calendar year

1940, from a proposed provision allowing corporations to select their earnings in three out of
four income years in determining the normal earn-

ings during the base period, with loss years
during the base period to be eliminated, and
the average earnings to be computed by dividing
only by the number of earnings years, and were

transmitted orally to Assistant Secretary Sullivan
on September 6.

(2) Estimates were prepared of gross and net yields,
at estimated income levels for the calendar year
1940, which would be derived from an excess profits

tax on all profits above 8 percent of invested
capital, with a specific exemption of $5,000, the
rates and other provisions except for the base
period to be the same as those in the original

Treasury proposal, and were transmitted orally to
Assistant Secretary Sullivan on September 6.
(3) Preliminary estimates were prepared and were

transmitted to Assistant Secretary Sullivan in

a

memorandum on September 10, showing the revenues

to be derived from the bill as tentatively ap-

proved by the Senate Finance Committee on

September 9, at estimated income levels for the
calendar year 1940, based upon elimination of

81

82
8

the privilege tax of 4.1 percent on the normal
tax net income of corporations electing to compute excess profits under the average earnings
method; making the bracket rates of corporations under the invested capital method coincident
with the bracket rates of the average earnings

method in the House bill; raising the specific
credit to $10,000; permitting corporations electing to use the invested capital method an 8 percent return on the invested capital in the taxable year, and increasing the normal tax rate of
all corporations by 3.1 percent. Separate
estimates were given of gross yield, yield from
the excess profits tax, yield from the 3.1 percent increase in the normal tax rate, and net
yield.

(4) Estimates of gross and net yields, at estimated
calendar year 1940 income levels, were prepared
and were transmitted orally to Assistant Secretary

Sullivan on September 10, on the basis of an amendment proposed by Senator La Follette, providing
for excess profits to be determined by the relation of net income to invested capital, wi th the
earnings of previous years not to be taken into
consideration.

(5) The following estimates were requested during
the testimony of Assistant Secretary Sullivan
on September 3, 4, and 5, in the public hearings before the Senate Finance Committee, and
were presented by the Assistant Secretary in
the period of September 6 through 12, in Executive sessions of the Committee.

(a) Estimates of gross and net yields, at

estimated income levels for the calendar
year 1940, were prepared on the basis of
a proposed provision to allow corporations to select their earnings in any
three out of four years from 1936 through

1939, rather than their earnings of the
entire four years in computing the excess profits tax credit in the base period.

-9

83

(b) Estimates of gross and net yields, at

estimated income levels for the calendar
year 1940, were prepared on the basis of a
proposed provision to increase the specific
credits to $10,000, $15,000, $20,000, and
$25,000.

(c) Estimates of gross and net yields, at

estimated income levels for the calendar year
1940, were prepared on the basis of a proposal
to eliminate the privilege tax of 4.1 percent
of normal tax net. income from the tax on corporations choosing the average earnings method of
computing the tax.

(d) In connection with the provisions of the bill
as of that date, at estimated income levels

for the calendar year 1940, estimates were
made of the percentage of income which would
be represented by the total normal and excess

profits tax liability, and of the percentage
of the normal tax net income which would be
represented by the total tax.

(6) A tentative estimate was prepared of the revenue
which would be derived from a proposal to increase

the specific credit for excess profits tax computa-

tion from $10,000 to $25,000, and an estimate was
made also of the number of corporations which might

be affected by such a proposal, and were transmitted
orally to Assistant Secretary Sullivan on September 13.
(7) The following estimates were prepared and were transmitted in a memorandum to Assistant Secretary
Sullivan on September 28.

(a) Tentative estimates were prepared of gross
and net yields, at estimated income levels
for the calendar year 1940, showing amounts
to be derived from the increased normal tax

and from the excess profits tax, from the following proposed changes: (1) to reduce the
excess profits tax credit of the average
earnings method of the Senate Finance Committee bill to replace the estimated yield
of the 4.1 percent privilege tax under the
House bill; (2) to reduce the specific exemption from $10,000 to $5,000; (3) to permit

84

- 10 -

corporations to select any three out of
four years in the base period to determine
the excess profits credit; and (4) to increase the normal tax rate of 3.1 percent
on corporations with incomes slightly in
excess of $25,000.

(b) Estimates were prepared, in connection with
the proposed compromise plan by Senator

George, in a table showing the percentage

of the excess profits credit of the average
earnings method under the Senate Finance

Committee bill, which would increase the

yield of that bill by amounts equivalent

to those which would have been yielded at
estimated calendar year 1940 income levels
under the Senate Finance Committee bill at

specified rates by the type of privilege

tax contained at 4.1 percent in the House

bill.

(c) Estimates were prepared, in connection with
the proposed compromise plan by Senator
George, in a table showing the percentage

of the excess profits credit of the average
earnings method under the Senate Finance

Committee bill, which would increase the
yield of that bill by amounts equivalent
to those which would have been yielded at
estimated calendar year 1940 income levels

under the House bill at specified rates by
the type of privilege tax contained at 4.1
percent in the House bill.
(8) Tentative estimates were prepared of gross and
net yields, at estimated income levels for the
calendar year 1940, showing amounts to be derived from the increased normal tax and from

the excess profits tax, from the following proposed
changes: (1) to reduce the excess profits tax
credit of the average earnings method of the
Senate Finance Committee bill to replace the
estimated yield of the 4.1 percent privilege
tax under the House bill; (2) to reduce the

85

- 11 -

specific exemption from $10,000 to $5,000; and

(3) to increase the normal tax rate of 3.1 percent on corporations withestimates
incomes were
slightly
in
trans-

excess of $25,000.
mitted in a memorandum to Assistant Secretary
Sullivan on September 28.
9.

A study was completed of the provisions of the Revenue

Act of 1940, and their application in revising studies
previously made for improving the methods of estimating revenues from specified taxes. - Mr. Daggit, Mrs.

May, Miss Rastall
10.

Projects for revising and improving methods of estimating revenues from the following taxes: - Mr. Daggit,
Mrs. May, Miss Rastall

(1) Admissions to theaters, concerts, and cabarets, etc.
(2) Floor taxes.
(3) Processing tax on coconut and other vegetable oils.
(4) A new study relating to the tax on small cigarettes,
taking into consideration possible changes in the
general price level in 1941 and 1942.
II. Projects or studies under way

1. A preliminary revision of the Budget estimates of receipts for the fiscal years 1941 and 1942 is being made
for the Director of the Budget in response to his request addressed to the Secretary on September 7. Mr. O'Donnell, Mr. T. F. Leahey, Mr. Wilson, Mr. Bronfenbrenner

2. Tentative plans for a WPA statistical project in connection with work on the excess-profits tax, as well

as material proposed to be obtained from the Securities
and Exchange Commission, are being reviewed in accordance w1 th requests by the Division of Tax Research on
July 12 and 17. - Mr. T. F. Leahey
3. At the request of the Division of Tax Research on
July 12, an estimate is being made of the additional
revenue which would be derived if mutual insurance
companies other than life insurance companies taxable
under Section 207 of the Internal Revenue Code were

86

- 12 made taxable in the same manner as stock insurance
companies other than life insurance companies taxable
under Section 204, and at the same time the exemption

under Section 101 (11) were restricted to local mutual
companies of the assessment type. - Mr. T. F. Leahey

4.

At the reque st of the Bureau of Accounts on August 29,
in connection with the 1942 Budget, estimates are
being made of (1) tax collections under the Federal

Insurance Contributions Act (formerly Title VIII of
the Social Security Act), for the fiscal years 1941
and 1942; (2) taxes to be collected from carri ers

and their employees, for the fiscal years 1941 and
1942; and (3) amounts to be deposited in the Unemployment Trust Fund under the Social Security and
Railroad Unemployment Insurance Acts, for the fiscal
years 1941 and 1942. - Mr. Wilson

5. At the request of the Division of Tax Research on

September 20, a review is being made of a proposed

revision of gift tax Table 2 for Statistics of Income

pursuant to recommendations made to the General Com-

mittee on Statistics of Income by its subcommittee

on estate and gift tax tabulations. - Mr. Wilson
Economic Conditions Related to Fiscal
and Revenue Matters

I. Projects or studies completed
1. Memoranda on the business and price situation were
prepared and were transmitted to the Secretary on
September 3, 9, 16, 23, and 30. - Mr. Haas, Mr. Daggit,
Mrs. May, Mr. Chevraux, Mr. Smith
These memoranda contained in addition to analysis of

the current situation the following special study:
The relationship of steel production to steel scrap
consumption and to steel scrap prices (Chart in

memorandum of September 30). - Mr. Daggit, M188 Rastall

2. Memoranda on employment under the Work Projects Ad-

ministration were prepared and were transmitted to
the Secretary on September 3, 9, 16, and 23. Miss Rastall, Miss Hagedorn

87
- 13 3.

At the request of the Secretary, a table is prepared
each week summarizing exports of petroleum products,
scrap iron, and scrap steel, from the United States
to Japan, the U.S.S.R., Spain, and Great Britain, as
indicated by departure permits reported daily by the

Office of Merchant Ship Movements. The tables were
prepared for the weeks ending August 31, September 7,

14, 21, and 28. On September 3, 9, and 16, the
original and 12 photostats, and on September 23 and
30, the original and 13 photostats were transmitted
to Assistant Secretary Gaston. In addition, each
week two photostats were transmitted to Mr. Young,
one of which was for Mr. Purvis. - Miss Kailey

4. Compilations were made of daily quotations on selected
commodities and daily and weekly figures on selected
business indices, foreign and domestic security trans-

actions, security prices, exchange rates, etc. as
well as other data for the Secretary's chart book. -

Mrs. May, Mr. Chevraux

5. A study was made of the relationship between the New
York Times index and the new FRB index in an attempt
to estimate the weekly level of the new FRB index
from the New York Times index. This estimate supersedes the estimate in the study completed in May of
the relationship between the New York Times index
and the FRB index on the old basis. - Mr. Daggit,
Mrs. May
6.

A method was worked out of deriving the FRB index of

industrial production, old basis, from the new, by
means of a basic study for each month of the year. -

Mr. Daggit, Mrs. May, Miss Hagedorn

7. In connection with the preliminary estimate of internal

revenue for the fiscal years 1941 and 1942, requested
by the Bureau of the Budget, forecasts were made through

June 1942, of the following basic series: the FRB index
of industrial producti on on the old and new bases, the
BLS index of wholesale prices, the BLS index of factory
payrolls, our index of the value of industrial production, United States Department of Commerce series of
salaries and wages; Standard Statistics index of prices
of 419 stocks, Federal reserve series of bank debits

88

- 14 -

outside of New York City, and New York Times series

of volume of stock transfers. Mr. Haas requested

and received from the Board of Governors of the Federal
Reserve System, the Department of Agriculture, and the
Department of Commerce, forecasts of the new FRB index

of industrial production and the BLS all-commodity price
index, which were utilized in making these forecasts. Mr. Haas, Mr. Daggit, Mrs. May, Miss Rastall, Mr. Smith
8. As a basis for forecasting business series through
June 1942, for use in making revenue estimates, a
study was made of the components of the new FRB index

of industrial productio as affected directly and
indirectly by the armament industry. - Mr. Daggit,

Mrs. May

9. A revision of an earlier study for making quarterly
forecasts of the BLS index of factory payrolls, for
use in connection with estimates of internal revenue. Mr. Daggit, Mrs. May, Miss Rastall, Mr. Smith

10. The quarterly forecast of factory payrolls through

March 1942, for use in estimating revenues from Social
Security taxes, was made for the Bureau of Accounts. Mr. Daggit, Mrs. May. Mr. Smith

11. A study of buying in anticipation of increased taxes

was made in connection with the estimate of miscellaneous internal revenue for 1941. - Mr. Daggit, Mrs. May

12. A study was made of the decline in consumption of

taxable articles that may be expected in the fiscal

years 1941 and 1942, because of increased taxes paid
by consumers. - Mr. Daggit, Mrs. May

II. Projects or studies under way

1. Index of unfilled orders.
An attempt is being made to improve our information on
the volume of unfilled orders by working out a composite

index based on data from individual industries. Mr. Daggit, Miss Rastall

89

- 15 2. Forces determining trends of basic commodity prices.

This project involves a study of (1) the forces de-

termining general commodity prices and (2) the forces
determining the prices of individual commodities.

with respect to (1), general commodity prices, an
analysis is in process of disparities between demand
and production as a basic price factor which, under
excessive war demand, might lead to inflation. For
use in this analysis two indexes of demand are being
constructed: An index of export demand which expresses
the exports of manufactured goods in physical volume,
and the index of consumer buying in terms of physical
volume, which is part of the project on measures of
consumer buying listed as item 3 below.

with respect to (2), prices of individual commodities,
shipments of a given commodity, or deliveries to con-

sumers, are taken as a measure of demand, to be com-

pared with production. Ten basic commodities have been

selected tentatively for study, and this work is in

process. - Mr. Daggit, Mrs. May, Mr. Smith, Miss Rastall,

Miss Hagedorn

3. Measures of consumer buying.

A project is under way with the object of developing
(1) an index to measure the buying power of consumers
in terms of physical volume of purchases, after correcting for the effect of changes in price on the apparent demand; and (2) an index to measure changes
in total consumer expenditure in dollar volume.
These two indices will supplement our present "index
of sales", which is designed to measure the "offtake"

of manufactured goods into various consumption channels.
Studies on a monthly basis have been nearly completed
on individual components of two physical volume in-

dexes of consumer buying, one corrected for the effect
of price changes, and the other corrected both for the
effect of price changes and for the effect of changes

in national income. The weighting of the individual
components remains to be done. In addition, with

respect to the index of consumer expenditures in dollar

so
- 16 -

volume, substantial progress has been made in develop-

ing individual series, in determining their suitabili ty
for inclusion and the necessary adjustments. The purpose is to cover as large as possible a proportion of

the purchases of ultimate consumers. - Mr. Daggit,
Mrs. May, Miss Rastall, Mr. Smith

4. Trends of individual commodity prices and price factors
during the World War period.

This project is patterned after the general study of
prices and price factors, 1913 to 1922, made in
October 1939, but deals with six individual basic
commodities - wheat, cotton, hogs, steel, copper, and
zinc. The project is designed to determine the principal

price factors associated with the wartime rise and subsequent collapse of prices of the se commodities. - Mr. Daggit,

Mrs. May

5. Index of commodity stocks.
This project is designed to develop a composite index
of basic commodity stocks as a measure of one important

factor in the general price level. Stocks of sixteen
important industrial materials, expressed in terms of
their net effect on prices, are being compiled for this
index. - Mrs. May

6. Index of goods inventories.
A better index of inventories of finished goods is needed
as an indication of business maladjustments, with a breakdown as between inventories of finished goods held by
manufacturers and those held by others. An attempt to
develop such an index is under way. - Mr. Daggit, Miss
Rastall

7. Index of buying on deferred payments.
A study of the volume of installment buying and consumer credit has nearly been completed. This study is
designed eventually to provide a monthly index of the
volume of buying on deferred payments, which at times

is an important business factor. It is in abeyance at

present, pending publication of a new study by the
partment of Commerce. - Mrs. May

- 17 -

91

8. Weekly approximations of the FRB index of industrial
production.

Project was started during March and for completion
awaited the new FRB monthly index which was recently

released. This project 18 designs& to develop an
index of industrial production that will indicate week
by week the approximate level of the FRB index. It
will include a larger number of weekly series than are
included in any current business indices, with weightings and seasonal adjustments approximating those in
the FRB index. - Mr. Daggit, Miss Rastall, Mr. Smith
9. Classifications of specified export data by Commerce
and Treasury Departments.

A new study was made during the month to determine how
to classify export data from the Department of Commerce

to conform as closely as possible to the classification
in the weekly reports summarizing exports of petroleum
products, scrap iron, and scrap steel, from the United
States to Japan, the U.S.S.R., Spain, and Great Britain,
as shown by departure permits granted. Monthly statistics were compiled, on the Commerce classification
developed by this Division, from January 1937 to July
1940. A memorandum is in preparation showing the Commerce series chosen, with an explanation of divergences
in the Commerce and Treasury series. - Mr. Daggit,
Mrs. May

10. New orders in the lumber industry.

This project is designed to obtain current figures on
a seasonally-adjusted basis for appraising the outlook
for lumber production. Work has been done toward more
accurate determination of seasonal trends, which has involved obtaining new data for earlier years. - Mr. Daggit,

Mrs. May

Actuarial Problems

I. Projects or studies completed
1. Municipal Finance Officers Association
In response to a request received on September 4, from

Mr. Carl H. Chatters, Executive Director of the Municipal
Finance Officers Association, a manuscript entitled,
"Retirement Systems for Public Employees" was reviewed, and the
review was transmitted in a letter addressed to Mr.
Chatters on September 14. - Mr. Reagh

92

- 18 -

II. Projects or studies under way
1. Board of Actuaries of the Civil Service Retirement and
Disability Fund.

There is pending before the Board of Actuaries the

matter of approving regulations with respect to the
optional benefits payable under the Civil Service
Retirement Act. The Comptroller General has decided
that a cash refund of voluntary contributions would
not be permissible under the Act. On the basis of
this decision and other information the Board of
Actuaries is now deciding whether to approve the
regulations. - Mr. Reagh

2. Report of the Civil Service Assembly of the United
States and Canada on "The Retirement of Government

Employees.

A first draft of the chapter on "Financing the Plan"
is in process of preparation. - Mr. Reagh
3. Retirement system for Haitian Government employees.
The State Department has requested assistance in de-

vising a retirement system for employees of the

Haitian Fiscal Service. Cooperation will be given
the Fiscal Representative of Haiti in that cost
estimates will be prepared on the basis of data submitted and plans will be suggested for financing
the system. The work is temporarily in abeyance. -

Mr. Reagh

4. Federal Communications Commission.

A request from the Federal Communications Commission

was received on May 18 to review an actuarial report

of the American Telephone and Telegraph Company regarding recent changes which they have made in the

valuation of their pension plan. Members of the
Division's staff are serving in an advisory capacity.

A preliminary report has been submitted to the Commission. During the month additional data were
obtained and further work was done. - Mr. Reagh,
Mr. Brown

5. Actuarial valuation of the Foreign Service Retirement
and Disability Fund.

The Foreign Service Retirement law, as approved

April 24, 1939, Section 26(m), provides that the

93

- 19 "Treasury Department shall prepare the estimates of
the annual appropriations required to be made to the
Foreign Service Retirement and Disability Fund and

shall make actuarial valuations at intervals of five
years, of oftener if deemed necessary by the Secretary
of the Treasury". An outline of the data required for

making an actuarial valuati on has been submitted to
the State Department. During the month a preliminary
estimate of the appropriation required for the fiscal
year 1942 was prepared, and was submitted to the State
Department. - Mr. Reagh, Mr. Brown
Other Projects or Studies

1. Treasury Bulletin.
Data were prepared for the September issue of the
Bulletin on average yields of long-term Treasury
bonds and high-grade corporate bonds. - Miss Eyre
All the material submitted for the September issue
was reviewed and edited. - Mr. Lindow, Miss Eyre,

Miss Westerman

2. Annual Report of the Secretary of the Treasury.
Manuscript for the Annual Report for the fiscal year
1940, both for the regular features of the Report and
for the special review articles, is being given an
editorial review as received. The usual handling of
the material is going forward. - Mr. Tickton, Miss
Westerman

3. Other material for publication.
Two tables on the distribution of holdings of direct

and guaranteed Government obligations are being brought
up to date for Moody's Government Manual. - Mr. Turner

4. Cumulative index of Treasury Publications.
Work has been begun on the preparation of a cumula-

tive subject index of Treasury publications since
the establishment of the Department covering (1)
Annual Reports of the Secretary, (2) other publications issued by the Department, including annual
reports of the bureaus and offices in the Department,
and (3) material prepared in the Treasury Department

94

- 20 -

which was published in Congressional documents,
hearings before Committees of Congress, or the
Congressional Record. - Miss Westerman

5. Correspondence.

Replies were prepared to letters received on subjects
relating to the work of the Division, and letters
drafted elsewhere and submitted to the Division for
that purpose were reviewed. - Miss M1 chener, Miss

Ziegler, and other members of the staff in appro-

priate fields of work.

During September 387 letters were received in the
Division and 394 were handled as required.
6. Charts.
Charts are prepared and continually brought up to date
for use in memoranda and in chart books on special
subjects, and corresponding photographic, photostatic,
and multilith work is carried on. This is done in
the Graphic Section under the supervision of Mr. Banyas.
A statistical report on the work of the Graphic Section
for the month of September is attached.

95
Work completed in the Grapito Section, Division or
Research and Stateitics, during September 1940

For Division
of work

rpe

For

of R & S

Others.

28

11

Total

hicl

Charts brought up to date:

3 bond chart books brought up to date
All other charts brought up to date

39
-

-

Total charts completed
Bond book charts completed

-

New Charts:

26 (times)

26 (t)

-

689

27

716

22

14

36

51

15

66

146

12

Contact prints

169

81

158
250

Enlargements

174

22

196

12

149

111

420

58

8,967

discelleneous;

Total jobs

tographic:
Photographs:

Total jobs
Number ofNegatives

Photostate:

Total jobs

137

Number of-

Lettersize copies
All other copies

309

8,909

Multilith:
Total jobs

4

5

1

Number of-

Zinc plates
Miscellaneous
Total jobs

vlt
1-40

80

79

15

1

12

27

Statistical Report on Work Completed by the
Graphic Section, Division of Research and Statistics, by months,
beginning July 1940.

:

:

A. Graphin
New charts completed

Charta brought up to date
Bond book charts completed
Bond books brought up to date
Viscellaneous jobs completed

45

748

18

39

687

716
-

-

2

28 (times) 27 (t)

26 (t)

17

36

48

66

151

170

158

Contact prints

164

158

250

Malargements

177

96

196

123

116

149

3,657
8,165

342

420

12,467

8,967

3. Photographic
Photocraphy
Total jobs
Number ofNegatives

Photostate:
Total jobe

23

53

Number of-

Lettersize copies
All other copies

Multilithi
Total jobs

7

5

5

Number of-

Zinc plates

91

131

80

14

12

27

Miscellaneous:

Total jobs

Oct.

Nov.

:

Sept.

Aug.

:

July

Dec.

:

type of work

Total

97

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE October 8, 1940
Secretary Morgenthau
FROM

Mr. Cochran

STRICTLY CONFIDENTIAL

The Argentine Ambassador telephoned at 10 a.m. this morning. He told me that
the State Department had given him the agenda for the conversations to be carried
on between the Argentine delegation and the American Government. He had read this

agenda to Mr. Prebisch over the telephone this morning. Mr. Prebisch will leave
for the United States in about ten days. In the meantime, the Ambassador asks
whether we could give him any further information, in elucidation of the agenda,
and particularly with respect to what plan the Treasury may have in mind. The
mbassador feels that this information would help him considerably, since he is to
sit in the conferences, and would also be of value to Mr. Prebisch if the Ambassador
can pass it on to him before he leaves Buenos Aires.

AMP

98

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE October 8, 1940
TO

Secretary Morgenthau

FROM Mr. Cochran

CONFIDENTIAL

The six reporting banks' transactions in registered sterling were as follows:
£95,000
Sold to commercial concerns
Purchased from commercial concerns £63,000

Open market sterling remained at 4.04 throughout the day. Transactions of

the reporting banks were as follows:

£2,000
Sold to commercial concerns
Purchased from commercial concerns £1,000

The Swiss franc touched a new high of .2317-1/2 this afternoon. It subsequently

eased to close at .2316-1/2, as compared with yesterday's .2313.

Although the Canadian dollar strengthened to 13% discount at noontime, it later
reacted to close at 13-1/2%, unchanged from last night's final rate.
The other currencies closed as follows:
Swedish krona
Reichamark

Mexican peso

Argentine peso (free)

Brasilian milreis (free)
Cuban peso

Lira

.2383
.4005
.2061
.2350
.0505

7-1/4% discount
.0505

There were no gold transactions consummated by us today.

The Federal Reserve Bank reported that it had made two three-months loans of
$20.000 each to the Central Bank of E1 Salvador, setting aside as collateral $42,702
in gold from the Salvadorean bank's earmarked account. The total of such loans
now outstanding amounts to $520,000. secured by $578,498 in gold.

The State Department forwarded to us cables stating that the following gold

shipments would be made from Hong Kong, for sale to the U.S. Mint at San Francisco:
$218,000 shipped by the National City Bank, Hong Kong, to the American Trust
Company, San Francisco.

149,000 shipped by the Chartered Bank of India, Australia and China, Hong Kong,

to the Bank of California N.A., San Francisco.

$367.000 Total

99

CONFIDENTIAL

2

The report of October 2. received from the Federal Referve Bank of New York

giving foreign exchange positions of beaks and bankers in its district, revealed
that the total position of all countries was short the equivalent of $10,570,000.
an increase of $184.000 in the short position. The net changes in the positions
are as follows:

Short Position

Short Position
Country
England*
Europe

October 2

September 25

658,000
4,186,000

542,000

4,171,000

71,000 (Long)

10,000

Canada

Latin America
Japan

Other Asia

All others
Total

438,000

403,000

4,202,000
1,114,000

56,000 (Long)
$10,386,000

4,395,000
1,044,000
80,000 (Long)
$10,570,000

Increase in
Short Position
$116,000
15,000

81,000 (Increase in
Long Position)
35,000
193,000

70,000 (Decrease)

24,000 (Increase in
Long Position)
$184,000

*Combined position in registered and open market sterling.

The Bombay gold price was unchanged at the equivalent of $33.88. The silver

quotation was equivalent to 44.56 off 1/16

In London. the prices fixed for spot and forward silver were both unchanged
at 23-7/16d and 23-3/8d respectively. The dollar equivalents were 42.56 and 42.44
Handy and Harman's settlement price for foreign silver was unchanged at 34-3/4
The Treasury's purchase price for foreign silver was also unchanged at 35$
We made five purchases of silver totaling 750,000 ounces under the Silver Purchase
Act. Of this amount, 250,000 ounces represented a sale from inventory and 200,000
ounces consisted of new production from foreign countries, for forward delivery.
The remaining 300,000 ounces was purchased from the Central Bank of China, and

represents another portion of the 1,122,000 ounces sent to this country from Hong Kong
by the Central Bank of China. So far, we have bought 675,000 ounces of this
particular importation, which arrived here September 24 on the President Adams.

BMP

100
RESTRICTED

G-2/2657-220

M.I.D., W.D.
October 8, 1940.
SITUATION REPORT

No. 214

12:00 M.

This military situation report is issued by the Military
Intelligence Division, General Staff. In view of the occasional
inclusion of political information and of opinion it is classified
as Restricted.

I.

Western Theater of War.

1. No ground operations.

2. Air Force Operations.
The Germans operated over England on the 7th and on

the night of the 7th-8th in as great strength as in any previous

24-hour period of the war. Activity centered over southern England
and over the London area, although some attacks were made in the

northwest. Night operations were concentrated over London. Liverpool, Manchester and Edinburgh were also attacked.

The R.A.F. made a few daylight attacks along the
Channel coast on the 7th. That night they made a large-scale
attack on Berlin, dropping about 100 heavy bombs. Scattering
attacks were made against many ports, several communications centers in western Germany, and on various airdromes.

Great aerial activity is reported over England today.
II. Mediterranean and African Theaters of War.
No ground operations and only minor air activity.

III. Miscellaneous.
Entry of German troops into Rumania and movement of Span-

ish troops from Malaga to Morocco are regarded as indications of a

forthcoming increase in military and political activity in the Medi-

terranean and Near Eastern areas.

RESTRICTED

101
RESTRICTED

MILITARY INTELLIGENCE DIVISION,

TENTATIVE LESSONS BULLETIN

WAR DEPARTMENT

No. 56
G-2/2657-235

Washington, October 8, 1940

NOTICE

The information contained in this series of bulletins
will be restricted to items from official sources which are
reasonably confirmed. The lessons necessarily are tentative
and in no sense mature studies.
This document is being given an approved distribution,

and no additional copies are available in the Military Intelligence Division. For provisions governing its reproduction,
see Letter TAG 321.19 M.I.D. (8-16-40) M-B-M.

GERMAN TRAINING IN MARCHING AND
MARCH DISCIPLINE

SOURCE

Motion picture newsreels, operation reports, personal observation, and conversations with German military personnel were the sources
from which an official American observer secured the following information
during August, 1940. For previous comment on the physical aspects of Ger-

man training, see TL 3-2; TL 4-3; TL 30-I c, II C 1 a, II C 2 a; III C 1;
TL 52-3.
CONTENTS

1. NECESSITY FOR TRAINING
2. GENERAL PRINCIPLES AND PRACTICES
3. BAGGAGE WAGONS AND THEIR USE

4. INDIVIDUAL COMBAT EQUIPMENT

5. MUSIC
6. THE MARCHING TRADITION

RESTRICTED

-1-

102
RESTRICTED

1. NECESSITY FOR TRAINING

The march discipline and marching ability of the German Infantry
is sometimes overlooked by students of German operations, especially those
which took place in Poland and on the Western Front, where motor transportation was used extensively.

In training and other preparation for motorized and mechanized
warfare, the Germans did not neglect the importance of providing Infantry capable of making extended marches under adverse conditions, and

they continue to emphasize this principle. In spite of the presence of
motor vehicles in large numbers, Infantry units and even units of other
combat arms are required at times to move on foot. Hence the German

soldier - especially the Infantryman - is trained both physically and
psychologically to endure such marches.

The following statement is from German instructions in troop
leadership: "A great part of the combat activity of troops consists of
narching. The success of all ground combat operations is based upon
the dependable marching ability of the units involved and their ability
to function efficiently after the completion of the march."
2. GENERAL PRINCIPLES AND PRACTICES

The normal distance between rifle companies on the march is

ten paces. When horse-nounted units similar in size to infantry companies march in the same column with foot troops, this interval is
increased to 15 paces. Horse-mounted units, if followed by foot elements, never gain lost distance by trotting, for such a remedy creates
an impossible situation for the foot troops. If horse-mounted units

have lost distance, they regain it during the next halt-not by
trotting.

According to conversations and motion picture newsreels, horsedrawn transportation marching with a company or similar unit maintains
its place in the column even if it becomes necessary for men to assist

by pushing or pulling it over difficult terrain.
The narrower the road, the more necessary it is for troops to

march on the right. This allows space for motor traffic, bicycles or

horse-mounted messengers. A unit has no march discipline if it must
be cautioned to keep to the right of the road.
When a commander has given an arm signal or an oral command

to his unit while marching, he does not give the command of execution

until he is certain that all subordinate elements have received the
initial command. Otherwise the leading elements change their pace or
formation before the rear elements understand the command.
RESTRICTED

-2-

RESTRICTED

103

Individuals are forbidden to drink water from canteens while
actually marching. The Germans consider such action an indication of
lack of training. Thirst should be quenched during halts.
3. BAGGAGE WAGONS AND THEIR USE

Rolls are carried on the back or in the company baggage
wagon, and this vehicle moves with the company or in a special train
according to the situation. In a column of marching troops observed
near Saarbrucken on July 11, 1940, company baggage wagons apparently

were assembled by battalions. They moved in the battalion train at
the rear of each battalion. In other marching columns company baggage wagons carrying individual rolls have been seen moving at the
rear of their respective companies. Much leeway is given to battalion
and higher commanders in making these arrangements.
4. INDIVIDUAL COMBAT EQUIPMENT

When the unit is approaching combat, rolls are normally carried in the company baggage wagons. The individual rifleman carries
his weapon, ammunition as issued, canteen, mess kit, gas mask, two or
three hand grenades, and possibly his rain mantle.
5. MUSIC

The Germans love music, and commanders often use it to help

maintain morale and spirit during marches. Marching songs are frequently heard when columns are passed on the road.
6. THE MARCHING TRADITION

Probably the most important factor contributing to the marching endurance of the German soldier is the fact that walking is a

tradition with him. In his youth he carried part of the family camping
equipment on hikes into the woods or along the rivers during vacations.
In the Hitler Youth and in working camps he received further training.
When he entered the Army, he expected to make long and fatiguing mar- a

ches in the normal course of events. His ability to endure them is
matter of tradition and personal pride.

RESTRICTED

-3-

CONFIDENTIAL

104

Paraphrase of Code Radiogram Received at the
War Department 3:17 Pomo, October 8, 1940.

London, filed 6:26 P.M., October 8, 1940.
1. During Monday, October 7th, the Coastal Command operated

86 planes on 49 missions and escorted 27 conveys. One British and one
German plane were lost in these operations. During daylight hours 12
planes from the Bomber Command were dispatched against primary targets,

mostly petroleum plants. Owing to the lack of clouds the primary targets were not reached and only two planes were able to bomb their
secondary objectives. Six other planes conducted a reconnaissance

over the North Sea. No planes were lost during the day. During that
night 150 bombers laid mines along the coast of the Continent, attacked
invasion ports, bombed railroad yards, shipping, and gun emplacements

in enemy territory, and operated against Berlin targets. Results of
these operations are not available. During October 7th the Fighter
Command operated 822 planes on 129 patrols.

2. During daylight hours of October 7th the German Air Forde
conducted four main attacks against London, employing about 120, 130,

50, and 30 planes, respectively. The first and the last raids came in
over Derset. During the night about 200 planes operated between 7:00
p.m. and 6:00 a.M. on a large scale and over widely separated areas.
3. German plane losses were 27 confirmed, 5 probable and 14

damaged. The Royal Air Force lost 16 planes and 6 pilots.

CONFIDENTIAL

105

CONFIDENTIAL

4 Two British airfields that were benefiti are still service

I - planes were medical at - and - hanger and - - entreyed is the other A - wake in 1 adidas
majer - from fire. Three settread lines are Medical, - probably
for two or three days. A factory was set - five but production is
not affected. A commercial deek along the Thoses River - not -

fire - - whent damages. Two fires were started in Partemorth

but neither have - military effect. Two large boube full - - corner
of Syle Park. Barty on the morning of October ou a skisk of heavy bones

full - Whitehall, - striking the Air Ministry and the other the Year
office.

5. One 930-bm markhant ship - - w a nine. Two British
destruyers suffered damage, - from five and the other from a mine.

One 33 ship - cleared the British Islan and another of 46 shipe
enrived safety.

6. n is estimated that Germany has - about 100 JU-90 and JU-52
mitt-emples transport please to Italy. (these please would have a

ing expecity of about 2,000 - for - twip. G-2). Questent returned
to Waya from Name - October 6th.

7. There is no change in the military situation. Hertford, who
left Parts - October lot, reports that Germans alain that they are
writing for a heavy for before they attacht - investion.

IN
Copies to Military Aide to the President

of -

Secretary of Treasury

Secretary of -

Ohiof of Staff

-

CONFIDENTIAL

CONFIDENTIAL

of Code Cablegram Reserved n the
the Department 6138 Boths October 4, 1949,

filed 260252 October % 1949,

the chief of military Intelligence told - that
the position of Sugarlovia to Geneta I would depend upon

the attitude of If help - be had from People,

will - w, but as mt, as will probably to - to - This is in reply to quart as to what Yogeclavia would w

with request to - - for tomott of terrage twritery.

Defection - to be more general in signio
FORTIER.

Capies to: Military Atdle to the President

Secretary of State

of

order of Staff

CONFIDENTIAL

106

107
BRITISH EMBASSY,
WASHINGTON, D.C.

October 8th, 1940
Personal and
Secret.

Dear Mr. Secretary,

I enclose herein for your
personal and secret information a copy

of the latest report received from
London on the military situation.
Believe me,

Dear Mr. Secretary,

Very sincerely yours,

Lolarian

The Honourable

Henry Morgenthau, Jr.,
United States Treasury,
Washington, D. C.

108

Telegram from London dated

October 7th, 1940.

1. Navel.

A British submarine reports in daylight on
October let when neer Cherbourg she attacked four enemy

destroyers with torpedoes the result is unknown
(confirmation of paragraph 1, sub-paragraph two, of
summary of October 2nd).

eference paragraph 1, sub-paragraph 3, of

summary of October 6th, twenty-eight survivors of this
trawler have been landed in Spain.
Three attacks were made on U-boats yesterday;

one by a Dutch submarine, one by aircraft and one by a

naval unit. In all cases, results could not be seen.
2. Royal Air Force. owing to unfavourable weather
conditions on night of the 5th/6th, only N few of the
aircraft despatched penetrated into Germany, firee were
started at Gelsenkirchen oil plant and at three railway
targets, and Krupp works were attacked with unknown

results. Other airgraft bambed serodromes in Holland,
and machines of constal command bombed shipping at Brest,

and barges and mechanical transport near Calais. Mine-

laying operations were made difficult by cloudy and icing
conditions.

During the daylight of October 6th, twentyone
medium bombers were despatched and all returned safely.
Attacks were made on Calais herbour, three aerodromes,
and/

109

and - bargas and shipping is Dateh partes a direct ass wee
obtained on . marchese vessel off the Datah coast. All
KB.109 was ohos does into the see off Calais.
Three medical Dombora attacked with bombs and

machine guns two armed morehant vessels off the west

coest of Denmark. Bullets were seen to hit target, but one

of our airepart was hit and set on fire; novertheless is
continued attack until the fire spread, when it dived into
sea and was lost.

All operations were cancelled last night, owing
to unfavourable weather.

3. German Air Force. Day of October 6th, weather was
rainy with low cloud, and enemy activity was confined to

raids by single aircraft, which in some cases penetrated
to London owing to the difficulty of interception, come
bombs were dropped in central area. Our fighters patrolled
in pairs, and interceptions did take place, but only one
enemy aircraft was destroyed. A number of Royal Air
Foree aerodromes were attacked, and at one a Hurricane

was destroyed on the ground, but at no other aerodrome was

any serious damage done. owing to the weather conditions,
enemy machines flow very low, and in one London suburb

and at Southempton machine gunning of the streets from
the air Book place. Some bombs were also dropped in
south-coat see side towns and essualties caused. Some

small oil eisterns were set alight at a depot on the
These Saturay, the fire was extinguished by four s.m.
today, four eisterns danaged and the contents of nine

destroyed. There was no enery activity in daylight after
5.45 D.M.
Summary/

110

of etz committees
Destroyed Damaged Probable

Eneay

By our fighters

-

Bombers

1

-

Fighters

(off Caleis)
Totals

2

1

British
In the air: one medium beuber
on the ground; one Hurricane and pilot.
During the night of October 6th/7th only
9 enemy aircraft operated over Great Britain.
4. Shipping Casualties. Although a British tanker was
torpedoed, no definite shipping cacualties were reported
on October 6th.

5. Middle East. Libyn. Taction: air reconneiesance on
the morning of the fifth showed approximately 1,300

mechanical transport vehicles in various localities in a
sector of about 40 miles extent, south and west of sidi
Barrani. These concentrations eaggest establishment of
forward bases.

on October 5th, about so enery aeroplanes
including 16 fighters, attacked Herea Batruh and dropped
160 boabs. Casualties 2 killed, 1 wounded; damage to a

few vehicles; anti-soreraft claime 3 aeroplanos hit.

111
October 8, 1940
Secretary Morgenthau

E. H. Foley, Jr.

Pursuant to your instructions, I left Washington at 6:15 Thursday
afternoon, October 3, 1940, for San Diego, California, arriving there
at 9:00 o'clock Friday morning, October 4, 1940. At about 11:00 o'clock
on that day I attended a conference at the office of the President of
the Consolidated Aircraft Corporation at Lindbergh Field, San Diego, at
which (in addition to J. C. Buckley, C. L. Kades and myself representing the Treasury Department) the following were present:
Representing the Navy Department:

James V. Forrestal, Under Secretary of the Navy
Admiral A. B. Cook, Commander, Aircraft Scouting Force
Captains Ravenscroft, Murray and Zeigler
Commanders Pennoyer and Gingrich

Representing the War Department:
Colonel George Kenney

Lieutenant Colonel L. H. Smith
Majors Al. Lyon and E. R. McReynolds
Representing the British Purchasing Mission:
Mr. E. R. Fairey of Fairey Aeroplane Works, England
Mr. C. N. Gray

Air Commodore Mansell
Wing Commander Addams

Representing Consolidated Aircraft Corporation:

R. H. Fleet, President
C. A. Van Dusen, Vice President and Works Manager

I. M. Laddon, Vice President and Chief Engineer
D. G. Fleet, Assistant to the Manager

-From information obtained at this conference and at subsequent
conversations, and on the basis of what I personally observed during
two days in San Diego, I wish to make the following points:

1. The national defense program is causing critical conditions
affecting the health, safety and welfare of persons engaged in
defense activities in the City of San Diego. The Federal Government
has an important and valuable stake in San Diego. The population of
San Diego will increase by 100,000 persons in the next year as the

direct result of the national defense program. The national defense
program presently amounts to about $30,300,000, including naval
public works costing $13,500,000, naval housing costing $4,200,000,

army public works costing $2,300,000 and aircraft plant expansion

costing $10,000,000. In addition, the backlog of orders from the
Navy, the Army, and the British for Consolidated planes aggregates
$300,000,000 and will require nearly 20,000 employees by June 1, 1941.

2. Approximately $23,500,000 should be allotted to the Public
Buildings Administration (or the Navy Department) for the construction

of housing facilities for employees of the Consolidated Aircraft Corporation plant and persons engaged in other defense activities.
3. Approximately $2,000,000 should be allotted to the Works
Projects Administration (or the Navy Department) for the construction
of a comprehensive system for the collection and disposal of sewerage
in San Diego.

112

-34. Approximately $7,700,000 should be allotted to the Bureau
of Reclanation (or the Navy Department) for the construction of an
aqueduct from the All-American Canal to El Capitan and San Vicente
reservoirs.

5. Consideration should also be given to undertaking other
needed projects in San Diego, such as constructing an express military
and naval harbor drive costing about $1,500,000 and expanding voca-

tional training for the aircraft industry through the erection and
equipment of new buildings costing about $1,250,000.

The basic assumptions which underlie these points are:

(a) That workers in defense industries have the right
to maintain a standard of living in decency and comfort,

with the opportunity of providing their families with safe
and sanitary dwellings, having adequate water and sewerage

facilities;
(b) That the existing emergency justifies inmediate
Federal financial aid for projects serving primarily naval,
military and civilian personnel engaged in performing

naval, military or aircraft manufacturing functions; and
(c) That the Federal Government will ultimately have
to provide for the comprehensive development of San Diego
as a new Federal city.

Attached hereto is a discussion of the reasons on which I have
based the foregoing suggestions.

113

114

I.

THE NATIONAL DEFENSE PROGRAM IS CAUSING CRITICAL CONDITIONS
AFFECTING THE HEALTH, SAFETY, AND WELFARE OF PERSONS ENGAGED IN
DEFENSE ACTIVITIES IN SAN DIEGO.

A. The Federal Government has an important and valuable stake
in San Diego.

1. The City of San Diego, a municipal corporation of the State
of California, is the headquarters for the Eleventh Naval District
and the site of the largest naval operating base on the Pacific
coast. The naval base enbraces a Naval Air Station, Marine Base,
Naval Fuel Depot, Naval Supply Depot, Destroyer Base, Naval Hospital

and Naval Training Station, a Coast Guard Base, and navel radio
stations.

2. San Diego is also the site of Fort Rosecrans, an important
military post, an Arny Air Corps training school and supply depot.

3. San Diego is a center of aircraft manufacturing activities,
the plants of both the Consolidated Aircraft Corporation and the Ryan
Aeronautical Corporation being located there. Ryan manufactures train-

ing planes and conducts a training school for aircraft pilots.
Consolidated manufactures navy patrol bonber flying boats, twin-engine

army bonbers and other types of military and naval airplanes.

115
-54. Property owned by the Federal Government in San Diego consti-

tutes about one-quarter of the City's assessed valuation of about
$200,000,000. Likewise, about one-quarter of the City's present population of 202,000 consists of Navy personnel, on active duty and retired.

B. The Federal Government is presently increasing its stake in
San Diego by carrying out a vast public works and aircraft plant expansion program there.

1. The Navy has undertaken a building program in San Diego which,

exclusive of a four million dollar low-cost housing program, amounts

to about $13,500,000. Included in this program are the following
described projects estimated to cost the following amounts:
Project

Destroyer Base: Cruiser graving dock, storehouses, shop buildings, etc.
Naval Air Station: Land and seaplane hangers,
gasoline storage tanks and piers
Marine Corps Base: Barracks, messing facilities, dispensary, etc.
Naval Supply Depot: Pier and transient shed
Naval Training Station: Temporary barracks and
other buildings
Naval Fuel Depot: Diesel and fuel oil storage

facilities

Naval Hospital: Temporary ward buildings

Estimated Cost
$4,500,000

3,900,000
1,550,000
1,700,000
1,200,000
500,000
150,000

$13,500,000

2. The War Department has under way harbor improvements costing

$2,300,000, including dredging the seaplane basin opposite the Coast
Guard Base at a cost of about $300,000.

-3. The Consolidated Aircraft Corporation (which recently completed a plant expansion program costing $2,500,000) proposes to expend an additional $12,300,000 on the construction of (1) A new

separate parts plant estimated to cost $8,500,000, (2) new improve-

ments in its existing plant estimated to cost $3,800,000. including
$1,200,000 for machinery and $300,000 for a badly-needed supplemental
sprinkler system.

In this connection it was agreed at a conference on October 5 in
San Diego that Consolidated would accept the offer of the Reconstruction Finance Corporation of September 13, 1940, under which the new

airplane parts plant will be built by Consolidated on behalf of the
Defense Plant Corporation (a subsidiary of the RFC) which will hold

title to the plant and will lease the same to Consolidated. The site
of the plant (which had already been acquired by Consoldiated) will
be deeded to the Defense Plant Corporation.

It is also contemplated that the Reconstruction Finance Corporation will lend Consolidated the $1,500,000 for the machinery and

sprinkler system in the existing plant; the remaining $2,300,000 will
be financed by Consolidated from its own funds.

C. San Diego's population is rapidly increasing as a direct result of the national defense program.
1. Navy personnel increased 10,400 from September 1, 1939 to

October 1, 1940, notwithstanding that part of the fleet ordinarily
based at San Diego has been absent since March 1940. During this

period enlisted personnel increased from 8,300 to 17,700, officer

116

117
7-

personnel from 500 to 750, and civilian personnel attached to the
Navy from 2,400 to 3,150.

2. Consolidated Aircraft Corporation personnel increased from
3,170 employees on December 29, 1939. to 11,702 employees on October

3. 1940. Consolidated will require an additional 7,000 employees by

May 31, 1941, bringing the total to 18,000. It has been estimated
that Consolidated will employ by 1942 more than 30,000 persons in
San Diego.

3. The City's total population increased more then one-third in
the decade from 1930 to 1940, there being 147,000 inhabitants according

to the 1930 census and 202,000 according to the 1940 census. It is

conservatively estimated that its population will increase an additional 50 per cent during 1941 to a total of 300,000, due preponderantly
to the national defense program.

II.
APPROXIMATELY $23,500,000 SHOULD RE ALLOTTED TO THE PUBLIC BUILDINGS ADMINISTRATION (OR THE NAVY DEPARTMENT) FOR THE CONSTRUCTION OF
HOUSING FACILITIES FOR CIVILIANS EMPLOYED AT CONSOLIDATED AND ENGAGED
IN OTHER DEFENSE ACTIVITIES.

A. There is an acute housing shortage in San Diego due to the
national defense program.

1. The housing vacancies are less than 2 per cent. These vacancies on the whole exist in dwellings renting from $70 per month upwards

which were formerly occupied by naval officers now with the fleet in
Hawaii.

118
8-

2. The families of workers at the Consolidated plant are forced
to live in abandoned street cars, auto trailers and shacks, without
proper sewage or toilet facilities.
3. The Federal Housing Administration has made several surveys

but has apparently been unable to obtain private capital to undertake
housing projects for labor.

4. The City Council has never created a local housing authority.

Even if it had done so, it is doubtful if such an authority would be
authorized under the State Housing Authorities Law to construct projects for persons engaged in defense industry because such persons receive wages enabling them to pay normal rents without being subsidized.
An amendment to the state law which would have permitted local housing

authorities to engage in such projects was defeated at a recent special

session of the Legislature of California called by the Governor partly
for the purpose of passing such an amendment.

B. The Navy Department's housing project will only slightly
alleviate the shortage of safe and sanitary dwellings.
1. The Navy Department is about to begin construction of 1,200
housing units in San Diego, half for married enlisted men and half for

married civilians attached to naval activities. Money for this project has been made available from the fund established by § 201 of the
Second Supplemental National Defense Appropriation Act, 1941. In ad-

dition, a project of 1,650 units has been approved for a later program

when funds are available. Neither of these projects, however, will be
sufficient to take care of civilians to be employed at the Consolidated
Aircraft Company.

119

2. It is essential that at least 6,000 units for married civilians
and 6,000 units for bachelor civilians to be employed by the Consolidated

Aircraft Company be built as quickly as possible. It is estimated that
a housing unit for a married person would cost not to exceed $3,000

(including land which in the past has been obtained in San Diego for an
average of $500 per unit) and could be leased at a rental of about $15
per month.

The units for bachelor civilians would consist of semi-permanent
barracks similar to bachelor quarters at existing naval bases and would
probably not cost more than $425 per person housed.

3. It is essential that a joint resolution appropriating $150,000,000
to carry out the provisions of H.R. 10412 (which authorizes the expenditure

of $150,000,000 for the construction of housing facilities for persons
engaged in national defense activities and their families) be enacted
at the earliest possible date.

4. In this connection, it was settled at a conference on October 5.
1940 in San Diego that a wholly-owned subsidiary of Consolidated Aircraft

Corporation (called Frontier Enterprises, Inc.) would offer in writing
to sell two parcels of land to the Navy for housing purposes at a
total price of $97,625, the County appraised value being $134,650 and
the assessed value being $67,325. These parcels would be sufficient to
provide land sufficient for 1,400 married employees of Consolidated, and,

in addition, 1,000 enlisted married Navy personnel. Additional land
near the parcels mentioned for housing workers employed at Consolidated

can be obtained within walking distance of the plant by condemning land
owned by a private flying service.

120
- 10 -

III.
APPROXIMATELY $2,000,000 SHOULD BE ALLOTTED TO THE WORKS PROJECTS
ADMINISTRATION (OR THE NAVY DEPARTMENT) FOR THE CONSTRUCTION OF A SYSTEM
FOR THE COLLECTION AND DISPOSAL OF SEWAGE IN SAN DIEGO.

A. The pollution of San Diego Bay is a serious menace to health.
1. Sewage is now dumped into San Diego Bay from nine outfall sewers.

The density of pollution in the Bay is startling. If an epidemic is to
be avoided, immediate correction of this condition is imperative. Not
only is the health of civilians engaged in defense industries imperilled,
but the pollution is hazardous to Navy personnel stationed on vessels in
the harbor as well as those stationed ashore.

2. The anticipated increase in the City's population will, of course,
accentuate the gravity of this problem.
B. The proposed WPA sewage disposal plant should be supplemented by
an intercepting sewer system.

1. Among projects certified as necessary for the national defense
to the Works Projects Administration by the Secretary of War and the

Secretary of the Navy is the construction of an outfall sewer at the
Destroyer Base estimated to cost $108,000 and the construction of a

sewage disposal and treatment plant estimated to cost $430,000. In addition,
a modern and adequate sewage collection system costing about $1,500,000 is

needed. Such an intercepting sewer would begin at the Naval Reservation
on the west side of San Diego Bay and would run past the Naval Training

Station, the Marine Base, the Consolidated plant, the Naval District
Headquarters to the Destroyer Base on the east side of the Bay where the
proposed treatment plant will be located.

121
- 11 e. WPA would seem to be the logical agency to construct this
t. However, in the last month more than 700 persons have been

d from WPA relief rolls because of their ability to secure private
ment and there remains only 1,400 men on relief of which about

e skilled mechanics. It will be necessary to use these men in
to carry out other WPA projects (which have also been certified
cessary for national defense) costing in the aggregate the sum of

0,000. These projects consist of the following:
Description

Improvements to the Lindbergh airport
Naval Operating Base: repairs & improvements
Naval Reserve Armory

Improvements to fire alarm system

Naval Fuel Depot: road improvements

Water line from Chestertown to Camp Elliott
Construction of sewage disposal plant & sewer outfall
near the Destroyer Base (referred to above)

Amount

$1,400,000
900,000
210,000
100,000
40,000
90,000
530,000

$3,270,000

3. Unless it is desirable to give the intercepting sewer project
ity over one or more of the other national defense projects, either
PA might be permitted to bring relief labor (if available) from some
y locality or (2) the Navy Department might be permitted to construct
ewer by ordinary contract procedure under the supervision of the

c Works Officer of the Eleventh Naval District as a national defense

ency facility since it will service military and naval establishments
efense industries.

-12-

122

IV.

APPROXIMATELY $7,700,000 SHOULD BE ALLOTTED TO THE BUREAU OF
RECLAMATION (OR THE NAVY DEPARTMENT) FOR THE CONSTRUCTION OF AN
AQUEDUCT FROM THE ALL-AMERICAN CANAL TO EL CAPITAN AND SAN VICENTE
RESERVOIRS.

A. The water supply of San Diego is not adequate for the contemplated
expansion of Naval and Aircraft Manufacturing Activities.

1. The net yield of water obtainable by the City from the presently
developed surface supply is 26.6 million gallons daily. The inhabitants
of the City and the naval, military, and aircraft manufacturing establishments are using 25 million gallons of water daily at present. The anticipated expansion of the City and the rate of population growth has been
pointed out above.

B. The City has planned to supply water required for only a normal
increase in population.

1. On November 5, 1940, the voters will be asked to authorize a
bond issue of $3,000,000 which, together with an additional $550,000 now

on hand, will be used for the construction of an additional reservoir on
the San Vicente Creek, a tributary to the San Diego River. They will also
be asked to authorize the expenditure of $1,300,000 for extensions and
improvements to the water distribution system. However, the new reservoir,

when filled to capacity, will only add approximately 5 million gallons per

day to the City's supply. It is estimated that a million gallons of
water per day is required for each 8,000 persons added to the population.

2. To construct the works necessary to obtain an additional

-13-

123

25 million gallons of water per day, a pipe line can be constructed from
the All-American Canal to E1 Capitan Reservoir at an estimated cost of
$7,700,000.

3. The City has rights from the State of California and from the
United States, in accordance with the Boulder Dan Project Act, enabling

it to obtain 100 million gallons per day of water from the Colorado
River. The Bureau of Reclamation has completed the main All-American

Canal, and is now constructing the Coachella branch of the All-American

Canal on the east side of the Imperial Valley. It is anticipated that
the Bureau of Reclamation will soon start construction of the west nosa
punping lateral.

4. In 1937 a board of consulting engineers recommended the construction of such a conduit from the west end of the All-American Canal

to the City's E1 Capitan Reservoir, in order to protect the City's allocation of Colorado River water and to sugglement the local sources of
supply when required by the growth of the City. On October 1, 1940 the
Commandant of the Eleventh Naval District recommended that an allocation

of $7,700,000 be nade to construct this pipe line, stating that any unduo

delay in the provision of funds for this very vital improvement night
result in soriously jeopardizing the progress of national defense projects
in San Diego, especially if a severe drought such as was experienced in

this vicinity several years ago, should reoccur.

C. The aqueduct project night be nade self-liquidating.
1. It is suggested that the cost of construction could be reinbursed
to the Bureau of Reclanation over a reasonable period of years by neans of

a lease of the aqueduct from the Bureau to the City under which the City

124
-14-

would pay an agreed annual rental sufficient to anortize the cost over

the lease period. In order to avoid having the lease constitute the
incurring of indebtedness by the City (which would require a municipal

election to authorize its execution) the lease could grant the City an
option to cancel.

2. In this connection, it night be noted that part of the Moffet
Water Tunnel Project for the City of Denver, Colorado, was built on a
lease basis by the Public Works Administration, and a state prison for
Georgia was also built by PWA on a lease basis of the character suggested.
V.

CONSIDERATION SHOULD ALSO BE GIVEN TO (A) CONSTRUCTING AN EXPRESS
MILITARY AND NAVAL HARBOR DRIVE CONNECTING THE VARIOUS NAVAL AND MILITARY
ESTABLISHMENTS AROUND SAN DIEGO BAY, AND (B) EXPANDING EXISTING VOCATIONAL

TRAINING FACILITIES FOR THE AIRCRAFT INDUSTRY.

A. The Bureau of Public Roads has beon cooperating with the Arny

and the Navy in planning and aiding in the construction of strategic
military highways and access roads. It is understood that a report on
an access road to Fort Rosecrans on the peninsula at the western side of
San Diego Bay has been submitted by the Bureau of Public Roads to the

War Department. In addition, however, it has been urged that the
various naval establishments around the Bay should be linked by A two-

hundred foot drive with a view to increasing the nobility of naval and
marine units from one part of the Naval Base to another. The project is
estinated to cost $1,500,000. A survey to determine the necessity and
feasibility of the road would be made by the Buroau of Public Roads upon
request of the Secretary of the Havy.

125
-15-

B. The present vocational courses include aircraft sheet metal,
aircraft welding, machine shop practice, tool naking, bench metal work,
blue print reading, shop nathenatics, aeronautical terms and ground

school flight training in connection with the Civil Aeronautics Authority's program.

According to the City Superintendont of Schools, more than 1,000

students were placed in the aircraft industry in the first six months
of 1940. Consolidated hiros 60 students a week upon their graduation

from a Kansas aircraft industrial school.
Over $250,000 has been appropriated by the Board of Education of

San Diego for the fiscal year 1940-41 for this purpose.
On June 11, 1940 the Superintendent of Schools applied to Connis-

sioner Studebaker of the Office of Education for a grant of about
$700,000 to expand the present vocational school system of San Diego.

Of this sum about $550,000 was for the construction and equipment of
new shop buildings, the balance being for emergency supplies and salar-

ies of additional instructors.
In view of the proposed construction of a new parts plant for Con-

solidated, it is now estimated by City officials that approximately
$1,270,000 is required to meet the neods of national defense training,
this sun being arrivod at as follows:
Equipnent

Machine Shop (100 stations)

Aeronautics (riveting, welding, etc.)
Ship Building

Pattern Making

Experimental Laboratory
Miscellanoous Shop Equipment

Total

$100,000.00
65,000.00
15,000.00
5,000.00
15,000.00
50,000.00
$250,000.00

126
-16-

Total Equipment forward

Land (additional)

250,000.00
50,000.00

Building (four story - Market and Union)
250 x 100 x 4 - 100,000 sq.ft.

450,000.00

Building (four story - present vacant lot

300,000.00

plus building site directly north
165 x 100 x 4 - 74,000)

Elevators

20,000.00

$1,070,000.00

1 Story Factory Type (50,000 (Acro) )
Equipment for above

150,000.00
50,000.00

$1,270,000.00

127
AGENDA FOR OCTOBER 9TH CONFERENCE

FACILITIES IMMEDIATELY NECESSARY FOR CONSOLIDATED AIRCRAFT PLANT AND SAN DIEGO

Description of Project
1. Low-cost housing for civilians employed
at Consolidated (6,000 units for married
men, 6,000 bachelors quarters. Land for
1,400 family units has been offered by
Consolidated to Navy Dept. and additional
adjacent land is available and may be

Estimated Cost
$23,500,000

Recommended Agency

Statutory Authority & Appropriation

Navy Department.

If PBA, H.R. 10412: if Navy, 2nd Supplemental National Defense Appropriation Act, 1941.

Federal Works Agency, Works

Emergency Relief Appropriation Act,

Federal Works Agency, Works

If WPA, same as above; if Navy, Pub.

Federal Works Agency, Public

Buildings Administration or

condemned.)

2. Sewerage:

(a) Sewage disposal plant & outfall at

530,000

Destroyer Base

(b) Intercepting trunk sower.

1,500,000

Projects Administration

Projects Administration or

Fiscal year 1941, #1(c) ($25 million
fund)

No. 671, 88(b)

Navy Dept.

Pub. No. 588, and Military Appropriation Act, 1941.

1,500,000

Federal Works Agency, Bureau
of Public Roads

5. Erection and equipment of vocational
school buildingsfor aircraft manufacture

1,270,000

Federal Security Agency,
Office of Education

6. New aircraft parts plant.

8,500,000

Federal Loan Agency, Defense Pub. No. 671, 5.
Plant Corp. (RFC subsidiary).

"

"

.

training.

(Consideration should be given to locating

this plant in Salt Lake City)

$44,500,000

"

If

4. Express military and naval harbor drive

"

"

of Reclamation

Emergency Fund for the President:

"

E1 Capitan Reservoir

Dept. of Interior - Bureau

"

7,700,000

#

3. Aqueduct from All-American Canal to

128

October 8, 1940

Lord Lothian was in today and I asked him to
take back the following message to Lord Beaverbrook.

I said to him that I was deeply touched by Lord Beaverbrook's message (copy attached hereto) and that while
I did not believe that I needed encouragement to be of

help to the British, still it was very nice to get it.
I sent him my warm regards.

Lord Lothian said, "I can certify that you do

not need any encouragement".

129

COPY

BRITISH EMBASSY,

WASHINGTON, D. C.

October 3rd 1940.

My dear Mr. Secretary,
Lord Beaverbrook has cabled asking
me to convey to you the following message from
him:

"It is with gratitude for your

understanding of our problems in
past and with confidence in your

goodwill for the future that Aircraft Ministry gives its pledge to
pilots
a
sufficient

battle
is
only publicwe
derive

ly
but
we come you

will
visit
us
and
our
lads the thanks we owe you."
acknowledge hope possible from of to the victory. to you. day flow owing carry your will of We receive This to them assistance aeroplanes cannot help pledge through when from

this on.

It gives me great pleasure to pass
Believe me,

Dear Mr. Secretary,

Very sincerely yours,
(Signed) Lothian

The Honourable

Henry Morgenthau, Jr.,
United States Treasury,
Washington, D. C.

Hours reply to be
per delivered in person in I am

ford withhead 10/8/20.

130
AGENTA FOR OCTOBER 9TH CONFERENCE

FACILITIES IMMEDIATELY NECESSARY FOR CONSOLIDATED AIRCRAFT PLANT AND SAN DIEGO

Description of Project
1. Low-cost housing for civilians employed
at Consolidated (6,000 units for married
non, 6,000 bachelors quarters. Land for
1,400 family units has been offered by
Consolidated to Navy Dept. and additional
adjacent land is available and may be

Estimated Cost
$23,500,000

Recommended Agency

Federal Works Agency, Public

Statutory Authority & Appropriation

Navy Department.

If PBA, H.R. 10412: if Navy, 2nd Supplemental National Defense Appropriation Act, 1941.

Federal Works Agency, Works

Emergency Relief Appropriation Act,

Federal Works Agency, Works

If WPA, same as above; if Navy, Pub.

Buildings Administration or

condemned.)

2. Sewerage:

(a) Sewage disposal plant & outfall at

530,000

Destroyer Base

(b) Intercepting trunk sewer.

Projects Administration

Fiscal year 1941, 11c ($25 million
fund)

1,500,000

Projects Administration or

No. 671, $8(b)

Navy Dept.

7,700,000

Dept. of Interior - Bureau

4. Express military and naval harbor drive

1,500,000

Federal Works Agency, Bureau
of Public Roads

5. Erection and equipment of vocational
school buildings for aircraft manufacture

1,270,000

Federal Security Agency,
Office of Education

8,500,000

Federal Loan Agency, Defense Pub. No. 671, $5.
Plant Corp. (RFC subsidiary).

Emergency Fund for the President;

Pub. No. 588, and Military Appropriation Act, 1941.

#

"

If

$44,500,000

.

this plant in Salt Lake City)

.

#

6. New aircraft parts plant.
(Consideration should be given to locating

#

training.

#

E1 Capitan Reservoir

of Reclamation

If

3. Aqueduct from All-American Canal to

131

TREASURY DEPARTMENT
INTER-OFFICE COMMUNICATION
DATE

TO

FROM

October 8, 1940

Secretary Morgenthau

E. H. Foley, Jr.

Pursuant to your instructions, I left Washington at 6:15 Thursday
afternoon, October 3, 1940, for San Diego, California, arriving there
at 9:00 o'clock Friday morning, October 4, 1940. At about 11:00 o'clock
on that day I attended a conference at the office of the President of
the Consolidated Aircraft Corporation at Lindbergh Field, San Diego, at
which (in addition to J. C. Buckley, C. L. Kades and myself representing the Treasury Department) the following were present:
Representing the Navy Department:

James V. Forrestal, Under Secretary of the Navy
Admiral A. B. Cook, Commander, Aircraft Scouting Force
Captains Ravenscroft, Murray and Zeigler
Commanders Pennoyer and Gingrich

Representing the War Department:
Colonel George Kenney

Lieutenant Colonel L. H. Smith
Majors A1. Lyon and E. R. McReynolds

Representing the British Purchasing Mission:
Mr. E. R. Fairey of Fairey Aeroplane Works, England
Mr. C. N. Gray
Air Commodore Mansell
Wing Commander Addams

Representing Consolidated Aircraft Corporation:

R. H. Fleet, President

C. A. Van Dusen, Vice President and Works Manager
I. M. Laddon, Vice President and Chief Engineer

D. G. Fleet, Assistant to the Manager

-2-

132

From information obtained at this conference and at subsequent
conversations, and on the basis of what I personally observed during

two days in San Diego, I wish to make the following points:

1. The national defense program is causing critical conditions
affecting the health, safety and welfare of persons engaged in
defense activities in the City of San Diego. The Federal Government
has an important and valuable stake in San Diego. The population of
San Diego will increase by 100,000 persons in the next year as the

direct result of the national defense program. The national defense
program presently amounts to about $30,300,000, including naval

public works costing $13,500,000, naval housing costing $4,200,000,
army public works costing $2,300,000 and aircraft plant expansion

costing $10,000,000. In addition, the backlog of orders from the
Navy, the Army, and the British for Consolidated planes aggregates
$300,000,000 and will require nearly 20,000 employees by June 1, 1941.

2. Approximately $23,500,000 should be allotted to the Public
Buildings Administration (or the Navy Department) for the construction

of housing facilities for employees of the Consolidated Aircraft Corporation plant and persons engaged in other defense activities.
3. Approximately $2,000,000 should be allotted to the Works
Progress Administration (or the Navy Department) for the construction
of a comprehensive system for the collection and disposal of sewerage
in San Diego.

- 2a -

133

40 Approximately $7,700,000 should be allotted to the Bureau
of Reclamation (or the Navy Department) for the construction of an
aqueduct from the All-American Canal to KL Capitan and San Vicente
reservoirs.

5. Consideration should also be given to undertaking other
needed projects in San Diego, such as constructing an express military
and naval harbor drive costing about $1,500,000 and expanding VOCA-

tional training for the aircraft industry through the erection and
equipment of new buildings costing about $1,250,000.

The basic assumptions which underlie these points are:

(a) That workers in defense industries have the right
to maintain a standard of living in decency and comfort,

with the opportunity of providing their families with safe
and sanitary dwellings, having adequate water and sewerage

facilities;
(b) That the existing emergency justifies immediate

Federal financial aid for projects serving primarily naval,
military and civilian personnel engaged in performing

naval, military or aircraft manufacturing functions and
(a) That the Federal Government will ultimately have
to provide for the comprehensive development of San Diego

as a new Federal city.
Attached hereto is a discussion of the reasons on which I have
based the foregoing suggestions.

in foley 2.

134
-3I.

THE NATIONAL DEFENSE PROGRAM IS CAUSING CRITICAL CONDITIONS
AFFECTING THE HEALTH, SAFETY, AND WELFARE OF PERSONS ENGAGED IN

DEFENSE ACTIVITIES IN SAN DIEGO.

A. The Federal Government has an important and valuable stake
in San Diego.

1. The City of San Diego, a municipal corporation of the State

of California, is the headquarters for the Eleventh Naval District
and the site of the largest naval operating base on the Pacific
coast. The naval base embraces a Naval Air Station, Marine Base,
Naval Fuel Depot, Naval Supply Depot, Destroyer Base, Naval Hospital
and Naval Training Station, a Coast Guard Base, and naval radio
stations.

2. San Diego is also the site of Fort Rosecrans, an important
military post, an Army Air Corps training school and supply depot.

3. San Diego is a center of aircraft manufacturing activities,
the plants of both the Consolidated Aircraft Corporation and the Ryan
Aeronautical Corporation being located there. Ryan manufactures train-

ing planes and conducts a training school for aircraft pilots.
Consolidated manufactures navy patrol bomber flying boats, twin-engine
army bombers and other types of military and naval airplanes.

135

-440 Property owned by the Federal Government in San Diego consti-

tutes about one-quarter of the City's assessed valuation of about
$200,000,000. Likewise, about one-quarter of the City's present population of 202,000 consists of Navy personnel, on active duty and retired.

B. The Federal Government is presently increasing its stake in
San Diego by carrying out a vast public works and aircraft plant expansion program there,

1. The Navy has undertaken a building program in San Diego which,

exclusive of a four million dollar low-cost housing program, amounts

to about $13,500,000. Included in this program are the following
described projects estimated to cost the following amounts:
Project

Destroyer Base: Cruiser graving dock, storehouses, shop buildings, etc.
Naval Air Station: Land and seaplane hangars,
gasoline storage tanks and piers
Marine Corps Base: Barracks, messing facili-

ties, dispensary, etc.

Naval Supply Depot: Pier and transient shed
Naval Training Station: Temporary barracks and
other buildings
Naval Fuel Depot: Diesel and fuel oil storage

facilities

Naval Hospital: Temporary ward buildings

Estimated Cost
$4,500,000
3,900,000
1,550,000
1,700,000

1,200,000
500,000
150,000

$13,500,000

2. The War Department has under way harbor improvements costing

$2,300,000, including dredging the seaplane basin opposite the Coast
Guard Base at a cost of about $300,000.

5-

3. The Consolidated Aircraft Corporation (which recently completed a plant expansion program costing $2,500,000) proposes to ex-

pend an additional $12,300,000 on the conctruction of (1) a new
separate parts plant estimated to cost $8,500,000, (2) new improve-

ments in its existing plant estimated to cost $3,800,000, including
$1,200,000 for machinery and $300,000 for a badly-needed supplemental
sprinkler system.

In this connection it was agreed at a conference on October 5 in
San Diego that Consolidated would accept the offer of the Reconstruction Finance Corporation of September 13, 1940, under which the new

airplane parts plant will be built by Consolidated on behalf of the
Defense Plant Corporation (a subsidiary of the RFC) which will hold

title to the plant and will lease the same to Consolidated. The site
of the plant (which had already been acquired by Consolidated) will
be deeded to the Defense Plant Corporation.

It is also contemplated that the Reconstruction Finance Corporation will lend Consolidated the $1,500,000 for the machinery and

sprinkler system in the existing plant, the remaining $2,300,000 will
be financed by Consolidated from its own funds.

C. San Diego's population is rapidly increasing as a direct result of the national defense program.
1. Navy personnel increased 10,400 from September 1, 1939 to

October 1, 1940, notwithstanding that part of the fleet ordinarily
based at San Diego has been absent since March 1940. During this

period enlisted personnel increased from 8,300 to 17,700, officer

137
6-

personnel from 500 to 750 and civilian personnel attached to the
Navy from 2,400 to 3,150.

2. Consolidated Aircraft Corporation personnel increased from
3,170 employees on December 29, 1939, to 11,702 employees on October

3, 1940. Consolidated will require an additional 7,000 employees by
May 31, 1941, bringing the total to 18,000. It has been estimated
that Consolidated will employ by 1942 more than 30,000 persons in
San Diego.

3. The City's total population increased more than one-third in
the decade from 1930 to 1940, there being 147,000 inhabitants according

to the 1930 census and 202,000 according to the 1940 census. It is

conservatively estimated that its population will increase an additional 50 per cent during 1941 to a total of 300,000, due preponderantly
to the national defense program.

II.
APPROXIMATELY $23,500,000 SHOULD BE ALLOTTED TO THE PUBLIC BUILDINGS ADMINISTRATION (OR THE NAVY DEPARTMENT) FOR THE CONSTRUCTION OF

HOUSING FACILITIES FOR CIVILIANS EMPLOYED AT CONSOLIDATED AND ENGAGED
IN OTHER DEFENSE ACTIVITIES.

A. There is an acute housing shortage in San Diego due to the
national defense program.

1. The housing vacancies are less than 2 per cent. These vacancies on the whole exist in dwellings renting from $70 per month upwards

which were formerly occupied by naval officers now with the fleet in
Hawaii.

138
-72. The families of workers at the Consolidated plant are forced
to live in abandoned street cars, auto trailers and shacks, without
proper sewage or toilet facilities.
3. The Federal Housing Administration has made several surveys

but has apparently been unable to obtain private capital to undertake
housing projects for labor.

4. The City Council has never created a local housing authority.

Even if it had done so, it is doubtful if such an authority would be
authorized under the State Housing Authorities Law to construct projects for persons engaged in defense industry because such persons receive wages enabling them to pay normal rents without being subsidized.
An amendment to the state law which would have permitted local housing

authorities to engage in such projects was defeated at a recent special

session of the Legislature of California called by the Governor partly
for the purpose of passing such an amendment.

B. The Navy Department's housing project will only slightly alleviate the shortage of safe and sanitary dwellings.
1. The Navy Department is about to begin construction of 1,200

housing units in San Diego, half for married enlisted men and half for

married civilians attached to naval activities. Money for this project has been made available from the fund established by @ 201 of the
Second Supplemental National Defense Appropriation Act, 1941. In ad-

dition, a project of 1,650 units has been approved for a later program

when funds are available. Neither of these projects, however, will be
sufficient to take care of civilians to be employed at the Consolidated
Aircraft Company.

139
-8-

2. It is essential that at least 6,000 units for married civil=
ians and 6,000 units for bachelor civilians to be employed by the Con-

solidated Aircraft company be built as quickly as possible. It is
estimated that a housing unit for a married person would cost not to
exceed $3,000 (including land which in the past has been obtained in
San Diego for an average of $500 per unit) and could be leased at a
rental of about $15 per month.

The units for bachelor civilians would consist of semi-permanent
barracks similar to bachelor quarters at existing naval bases and would
probably not cost more than $425 per person housed.

3. It is essential that a joint resolution appropriating $150,000,000
to carry out the provisions of H.R. 10412 (which authorizes the expendi-

ture of $150,000,000 for the construction of housing facilities for persons engaged in national defense activities and their families) be
enacted at the earliest possible date.

4. In this connection, it was settled at a conference on October 5,
1940 in San Diego that a wholly-owned subsidiary of Consolidated Air-

craft Corporation (called Frontier Enterprises, Inc.) would offer in
writing to sell two parcels of land to the Navy for housing purposes at
a total price of $97,625, the County appraised value being $134,650 and
the assessed value being $67,325. These parcels would be sufficient to
provide land sufficient for 1,400 married employees of Consolidated, and,

in addition, 1,000 enlisted married Navy personnel. Additional land
near the parcels mentioned for housing workers employed at Consolidated

can be obtained within walking distance of the plant by condemning land

owned by a private flying service.

-9-

140

III.
APPROXIMATELY $2,000,000 SHOULD BE ALLOTTED TO THE WORKS PROJECTS
ADMINISTRATION (OR THE NAVY DEPARTMENT) FOR THE CONSTRUCTION OF A SYSTEM

FOR THE COLLECTION AND DISPOSAL OF SEWAGE IN SAN DIEGO.

A. The pollution of San Diego Bay is a serious menace to health.
1. Sewage is now dumped into San Diego Bay from nine outfall sewers.

The density of pollution in the Bay is startling. If an epidemic is to
be avoided, immediate correction of this condition is imperative. Not
only is the health of civilians engaged in defense industries imperiled,
but the pollution is hazardous to Navy personnel stationed on vessels in
the harbor as well as those stationed ashore.

2. The anticipated increase in the City's population will, of course,
accentuate the gravity of this problem.
B. The proposed WPA sewage disposal plant should be supplemented by

an intercepting sewer system.

1. Among projects certified as necessary for the national defense
to the Works Projects Administration by the Secretary of War and the

Secretary of the Navy is the construction of an outfall sewer at the
Destroyer Base estimated to cost $108,000 and the construction of a
sewage disposal and treatment plant estimated to cost $430,000. In addition, a modern and adequate sewage collection system costing about

$1,500,000 is needed. Such an intercepting sewer would begin at the
Naval Reservation on the west side of San Diego Bay and would run past

the Naval Training Station, the Marine Base, the Consolidated plant, the
Naval District Headquarters to the Destroyer Base on the east side of
the Bay where the proposed treatment plant will be located.

141
-10-

2. WPA would seem to be the logical agency to construct this
project. However, in the last month more than 700 persons have been

dropped from WPA relief rolls because of their ability to secure private
employment and there remain only 1,400 men on relief of which about

100 are skilled mechanics. It will be necessary to use these men in
order to carry out other WPA projects (which have also been certified
as necessary for national defense) costing in the aggregate the sum of

$3,270,000. These projects consist of the following:
Description

Improvements to the Lindbergh airport
Naval Operating Base: repairs & improvements
Naval Reserve Armory

Amount

$1,400,000
900,000
210,000
100,000
40,000
90,000

Improvements to fire alarm system
Naval Fuel Depot: road improvements
Water line from Chestertown to Camp Elliott
Construction of sewage disposal plant & sewer outfall530,000
near the Destroyer Base (referred to above)
$3,270,000

3. Unless it is desirable to give the intercepting sewer project
priority over one or more of the other national defense projects, either
(1) WPA might be permitted to bring relief labor (if available) from some
nearby locality or (2) the Navy Department might be permitted to construct
the sewer by ordinary contract procedure under the supervision of the

Public Works Officer of the Eleventh Naval District as a national defense

emergency facility since it will service military and neval establishments
and defense industries.

142
-11IV.

APPROXIMATELY $7,700,000 SHOULD BE ALLOTTED TO THE BUREAU OF
RECLAMATION (OR THE NAVY DEPARTMENT) FOR THE CONSTRUCTION OF AN
AQUEDUCT FROM THE ALL-AMERICAN CANAL TO EL CAPITAN AND SAN VICENTE
RESERVOIRS.

A. The water supply of San Diego is not adequate for the contemplated
expansion of Naval and Aircraft Manufacturing Activities.

1. The net yield of water obtainable by the City from the presently
developed surface supply is 26.6 million gallons daily. The inhabitants

of the City and the naval, military, and aircraft manufacturing establishments are using 25 million gallons of water daily at present. The anticipated expansion of the City and the rate of population growth has been
pointed out above.

B. The City has planned to supply water required for only a normal
increase in population.

1. On November 5, 1940, the voters will be asked to authorise a
bond issue of $3,000,000 which, together with an additional $550,000 now

on hand, will be used for the construction of an additional reservoir on
the San Vicente Creek, a tributary to the San Diego River. They will also
be asked to authorise the expenditure of $1,300,000 for extensions and
improvements to the water distribution system. However, the new reservoir,

when filled to capacity, will only add approximately 5 million gallons per

day to the City's supply. It is estimated that a million gallons of
water per day is required for each 8,000 persons added to the population.
2. To construct the works necessary to obtain an additional

143
12

25 million gallons of water per day, a pipe line can be constructed from
the All-American Canal to EL Capitan Reservoir at an estimated cost of
$7,700,000.

3. The City has rights from the State of California and from the
United States, in accordance with the Boulder Dam Project Act, enabling

it to obtain 100 million gallons per day of water from the Colorado
River. The Bureau of Reclamation has completed the main All-American

Canal, and is now constructing the Coachella branch of the All-American

Canal on the east side of the Imperial Valley. It is anticipated that
the Bureau of Reclamation will soon start construction of the west mesa
pumping lateral.

4. In 1937 a board of consulting engineers recommended the con-

struction of such a conduit from the west end of the All-American Canal

to the City's EL Capitan Reservoir, in order to protect the City's allocation of Colorado River water and to supplement the local sources of
supply when required by the growth of the City. On October 1, 1940 the
Commandant of the Eleventh Naval District recommended that an allocation

of $7,700,000 be made to construct this pipe line, stating that any undue

delay in the provision of funds for this very vital improvement might
result in seriously jeopardising the progress of national defense projects
in San Diego, especially if a severe drought such as was experienced in

this vicinity several years ago, should reoccur.
C. The aqueduct project might be made self-liquidating,

1. It is suggested that the cost of construction could be reimbursed
to the Bureau of Reclamation over a reasonable period of years by means of

a lease of the aqueduct from the Bureau to the City under which the City

- 13 -

144

would pay an agreed annual rental sufficient to amortize the cost over

the lease period. In order to avoid having the lease constitute the
incurring of indebtedness by the City (which would require a municipal

election to authorize its execution) the lease could grant the City an
option to cancel.

2. In this connection, it might be noted that part of the Moffat
Water Tunnel Project for the City of Denver, Colorado, was built on a
lease basis by the Public Works Administration, and a state prison for
Georgia was also built by PWA on a lease basis of the character suggested.
V.

CONSIDERATION SHOULD ALSO BE GIVEN TO (A) CONSTRUCTING AN EXPRESS
MILITARY AND NAVAL HARBOR DRIVE CONNECTING THE VARIOUS NAVAL AND MILITARY
ESTABLISHMENTS AROUND SAN DIEGO BAY, AND (B) EXPANDING EXISTING VOCATIONAL

TRAINING FACILITIES FOR THE AIRCRAFT INDUSTRY.

A. The Bureau of Public Roads has been cooperating with the Army

and the Navy in planning and aiding in the construction of strategic
military highways and access roads. It is understood that a report on
an access road to Fort Rosecrans on the peninsula at the western side of
San Diego Bay has been submitted by the Bureau of Public Roads to the

War Department. In addition, however, it has been urged that the
various naval establishments around the Bay should be linked by a two-

hundred foot drive with a view to increasing the mobility of naval and
marine units from one part of the Naval Base to another. The project is
estimated to cost $1,500,000. A survey to determine the necessity and
feasibility of the road would be made by the Bureau of Public Roads upon
request of the Secretary of the Navy.

145

- 14 B. The present vocational courses include aircraft sheet metal,

aircraft welding, machine shop practice, tool making, bench metal work,
blue print reading, shop mathematics, aeronautical terms and ground

school flight training in connection with the Civil Aeronautics Authority's program.

According to the City Superintendent of Schools, more than 1,000

students were placed in the aircraft industry in the first six months
of 1940. Consolidated hires 60 students a week upon their graduation

from a Kansas aircraft industrial school.
Over $250,000 has been appropriated by the Board of Education of

San Diego for the fiscal year 1940-41 for this purpose.
On June 11, 1940 the Superintendent of Schools applied to Commis-

sioner Studebaker of the Office of Education for a grant of about
$700,000 to expand the present vocational school system of San Diego.
Of this sum about $550,000 was for the construction and equipment of
new shop buildings, the balance being for emergency supplies and salar-

ies of additional instructors.
In view of the proposed construction of a new parts plant for Con-

solidated, it is now estimated by City officials that approximately
$1,270,000 is required to meet the needs of national defense training,

this sum being arrived at as follows:
Equipment

Machine Shop (100 stations)

Aeronautics (riveting, welding, etc.)

Ship Building

Pattern Making

Experimental Laboratory
Miscellaneous Shop Equipment

Total

$100,000.00
65,000.00
15,000.00
5,000.00
15,000.00
50,000.00

$250,000.00

146
-15-

Total Equipment forward

Land (additional)

250,000.00
50,000.00

Building (four story - Market and Union)
250 x 100 x 4 - 100,000 sq.ft.

450,000.00

Building (four story - present vacant lot

300,000.00

plus building site directly north

165 x 100 x 4 - 74,000)
Elevators

20,000.00
$1,070,000.00

1 Story Factory Type (50,000 (Aero) )
Equipment for above

150,000.00
50,000.00

$1,270,000.00

147

October s. 1940
Files
Mr.

After consulting Under Secretary Bell on Mr. Pincent's seneranism of October 7.

I telephoned Mr. Pinsent yesterday. I told his that practically all of the British
and Canadian banks which have branches in the areas where this Government has ar-

ranged with the British for naval bases have now been is to see us is the Treasury

or have written, with the view to obtaining our accounts. I explained to Mr. Pinsent
that 11 is the Treasury Department which decides what banks shall be the depositories

for Government funds to be disbursed is the areas under reference. Since there are

American branch banks in those areas, we will accountly utilise the British and
Casadian banks. Furthermore, I agreed that the normal procedure would be for the
treasury to purchase through the Federal Reserve Bank at New York any sterling which

the treasury sight require. This would meet the British request that sterling be
procured through a recognised channel. Pinsent was giad to have this information and
pleased to cable 11 to his Government.

Amp

148

October 8, 1940.

MEMORANDUM

There was a meeting in Secretary Hull's office at 3 p.m., October 8,
which lasted for three-quarters of an hour and was attended by the following:
Messrs. Hull, Berle, Grady, Feis and Pasvolsky of the State Department;
Solicitor General Biddle, and Messrs. Morgenthau, Bell, Foley, Cochran, White,
Pehle and Bernstein of the Treasury. The subject of discussion was the
question of extending the area of foreign exchange controls raised in
Secretary Hull's letter of October 2, 1940, to the Treasury. Several hours
before the meeting the Treasury had forwarded to the State Department a
nemonandum of a suggested agenda for the discussion which had been prepared

by Mr. White and reviewed by the group in Mr. Bell's office on the morning
of October 2.

In response to a question from Secretary Hull, Mr. Grady stated that the
problem was one of controlling movements of funds, particularly European funds

and he felt that exchange control should be employed only as a last resort in
dealing with the problem. Secretary Morgenthau referred to the memorandum
that the Treasury had submitted indicating the alternatives and the problems

that might arise in connection therewith and stated that the Treasury had the
machinery for handling the matter but that the policy was for the State

Department to decide and that when the State Department decided the policy

the Treasury, so long as it had the machinery, would carry out the policy.

Mr. Berle stated that in June the Departments had discussed general
exchange control but it was decided that the time was not then ripe for such
action but that the matter should be studied further. Now that the JapaneseAxis Pact has been announced, the time has arrived to review the question.
He stated that there were three problems:
1. Use of the funds by Germany for propaganda purposes
and subversive activities.

2. Control of the funds to protect the domestic economy.
3. Control as a weapon of defense.

Berle also stated that the public reaction should be taken into account
in view of the Far Eastern situation.
Thereupon the discussion took place as to certain figures included in the
aforementioned memorandum, particularly the figures relating to Swiss balances.
Mr. Biddle then stated that he believes that Germany is operating through
Switzerland and Swiss accounts and that he felt that German assets should be
blocked. He said such action would be justified and would eliminate inconsistencies in our present freezing policies.
In response to a question by Solicitor General Biddle, Secretary

149
-2-

Morgenthau stated that under the mechanism of the freezing control, it was
possible to unfreeze in such a manner as to help countries in accordance
with Government policies. Biddle then went on to state that he was anxious
to know how Germany was using money here and expressed the hope to be able

to obtain information with regard to this matter. The possibility of
getting this information by reports without application of freezing control
was thereupon discussed. Mr. Feis thought that it might be valuable to get
reports even though freezing control was not invoked.

Pasvolsky stated that if we wanted to prevent German funds from going
to South America, it would be necessary to apply more stringent control to
South American money transfers than would be imposed in the case of the

other countries. He also raised the question as to the legal basis for

preventing Germany from using its funds if the funds actually belonged to
Germany as distinguished from the cases now under our freezing control
where the possibility exists of money being used by an invader.
Secretary Hull and Grady then discussed the question of obtaining more
information before any action was taken. Thereupon Secretary Hull suggested
that a committee of the Departments be designated to consider the matter
further and report to the two Departments. Secretary Morgenthau agreed to
this and stated that Mr. Bell would head the Treasury Committee and for
Secretary Hull to communicate with Mr. Bell whenever he wished the committee

to meet. Mr. Biddle stated that he did not think it was necessary for the

Department of Justice to be represented on such committee.

150

SUGGESTED AGENDA FOR DISCUSSION ON QUESTION OF
EXTENDING THE AREA OF FOREIGN EXCHANGE
CONTROLS RAISED IN SEGRETARY HULL'S

LETTER OF OCTOBER 2. 1940

I. Some of the unit areas to which our exchange control
can be extended:

(a) All the "aggressor" nations
(b) All remaining countries in continental Europe
(excluding British Empire and possibly
Russia)

(e) Continental Europe plus Asia
(d) The world except American republies

(e) The world (including transactions of every
character and of every country)

(There are appended tables of some data pertinent to
the discussion. The data on earmarked gold and our-

rent balances are confidential.)

The advantages and disadvantages of extending foreign

exchange controls are in part similar to those son-

sidered when the question of freezing Scandinavian,
Dutch, etc. balances was discussed. There are, however, additional factors and many of the old considerations are of growing importance as the area
of control is extended.

II. The chief disadvantages to be considered are:
(a) Possible retaliation against American assets
abroad. Americans have balances and investments
in foreign countries and imposition of control
on transactions with those areas may make 18
more difficult to withdraw funds from those
areas.

(b) Less of trade. If extended to include Germany,
Italy and Japan, and if licenses are to be
granted sparingly, our trade with those countries would probably cease. Whether or not this

See C #18 for tables attached
10/8/40 - For meeting in State Dept.

151

-2would be se depends, of course, upon the policy

we would pursue is granting licenses. IS is
to be noted that our direct trade with Germany
and Italy is now negligible because of the
British blockade.

(e) Burdens on foreign trade and finance. Our

foreign trade and international financial

transactions would be burdened with delays,
annoyances, and additional expense. American
banks and concerns engaging in international

transactions of any character will be put to
some additional expense because of the additional paper work, etc. involved.
(d) Added gost to the taxpayer. The administrative
cost to the government will increase as the
areas to be controlled are extended. If the
whole world is placed under control, the cost
of administration might well be several times
the cost of current controls.
(e) Government interference with private business.
Extension of exchange controls would be regarded
in many quarters as an extension of government
interference with private enterprise, and hence

as a step toward "Totalitarianism".
(f) Possibility of non-economic reprisals. Areas
subjected to restrictive measures on their movement of dollar funds may be thereby stimulated
to adopt a more unfriendly attitude toward the
United States. In the case of certain countries
18 may precipitate further aggression of
belligerence.

(g) Might hara our Good Neighbor Polier. If applied
to Latin American countries the restrictions
may make more difficult promotion of our Good
Neighbor policy.

(h) Violation of liberal trade policies. If the

control is extended it must be recognised that
we will engage in discriminatory practices
which constitute a violation of a commercial
policy we have been hitherto pursuing.

152

-3 -

Division of Monetary
Research

III Advantages to be weighed against the disadvantages
(a) Foreign exchange control an instrument of
national defense. The measure should be regarded primarily as e weapen of national dofense and not as a means of obtaining

commercial gain If this be so, the adain-

istrative costs and the burden and annoyance
to American business assume a smaller importance.

(b) Provides an additional bargaining instrument.
By the use of general and special licenses and
by flexibility of controls it is possible to
accord favorable treatment to selected coun-

tries and thereby facilitate closer relationships with these countries.

(e) Would make present policy less inconsistent.
Extension of control to the aggressor nations
might remove the criticism that our present

policy is inconsistent.

(d) The administration of extended controls does
not create insu erable administrative problems.
The essential machinery is already operating

and would merely need to be enlarged However,
the policy making aspect would be considerably
complicated. The policy making aspects would
involve a such wider range of consideration

and greater lisison with interested departments and agencies.

IV. The public reaction to an extension of controls is
very important and must be carefully evaluated.

Attachments

HDW:Ien

10/8/40

Append I
Table 1

Assets of Selected Foreign Countries in the United States

(In millions of dollars)
:

: Governments :Other funds: in other :Holdings of: Direct : Other
: and Central : in Second : Federal : U. S. :investmentssinvestmentes

Spain

0

Portugal
Total

-

-

-

129.6

5.2

22.0

67.0

51.0

275.1

276.1
60.1

2.0
1.1

647.0

74.0

25.0

1,396.3
269.6
49.9
4.8
41.2

0

12.1
56.3

1

3.5

0

0

1940

29.0
22.0

176.7
160.7
12.1

0

1

:

Rumenia

of

Items

55.0
12.0

197.5
47.7
6.7

-

Jugoslavia

as of

16.0
6.0

.4

0

Hungray

1940

10.8
25.4
93.4

Japan

Greese

:

1

0

Sweden

as of

Oct. 2, Reserve Banks:District on: on : Dec. 31. Dec. 31, $ Des. 31,
1940
1 on Oct. 2, : Sept. 25. : Sept. 18, 1939 : 1939
1939

Italy

Switzerland

Total

earmark : Beaks in : Federal : Reserve :Securities :ia the U.S. the U.S.: Known

sim U. S. on: N.Y. Federal: Reserve : Districts : as of

.3
.01

Total

:

:

on

1940

Germany

#

$

Funds

:

Gold

Country

Deposits of :

.8
.9

31.1 D

4.8 D

4.2

4.0
0

70.5

.2

390.8

357.9

24.9 D
11.3 D
10.2 D
27.0 D
445.5

111.9
66.3
96.9

71.6
10,2
97.7
3.1

647.0

74.0

Treasury Department, Division of Monetary Research.

25.0

1,943.3

October 7. 1940.

Where no figures are given, the datum either is too old to be reliable or unsvallable.
D - Deposits only.

5
HEALTHBA

10/7/40

155

Appoalix I
same 3

Assets of Foreign fountries in the Writed States,
as of Various Dates ea which Controls were Instituted

(In millions of dollars)
off

1

Bullies ;Governmented Other
I

Currency

Central

Investments:

United
States

Banking

I

and

and

1940

8,

in the

Total

Securities: United

Funds

1 States

Banks

8, 1940

other

a

22

4

31

16

s

20

23

65

19

13

-

32

14

299

189

14

676

6

428

734

33

1,552

264

197

354

89

1,464

9

4

13

1,135

302

1,064

1

0,1940

140

47

2

17

173

1940

leads

1

.

351

1940

560

17. 1940

Esthenia

Umania

-

10, 19th

tal

1

1,327

Less Debits
75

6

129

11

0.4

47

480

196

Fethenia and Mthesata

a

1,468

63

1,401

-

27

3,627

360

October 7. 19%

Evision of Menetary Research.
than $900,000.

of 10/7/40

3,987

159

Total

Tabulated Debite
(Incomplete)

ands

27

1

o

Table

Assets of United States in Foreign Countries

(In millions of dollars)

#

Country

#

###

#

#

United States Short-Term
2 Dollar Bonis
Claims on Foreignors
as of
Steend Federal # or Other Fed. 8

#

Direct

#

Investments #
Abroad 1

#

#

Total

###
###

#

Mar Debts
Due

United States

###

#
#

:

$

Bis. ns of Dist. 9/25/40 Only, Res. 1/33/40 Diet as & # Dse. 31. 1939

⑉

#

Germany

Italy

Japan

Total
Switzerland
Sveden
Greece

Hungary
Rumania

Yugoslavia
Spain

Portugal
Total

233.5
70.2
46.7

452.2
146.3
202.9

3.161.4
2,026.9

2.9

173.2
73.0
111.8

20.5

358.6

350.4

801.4

5,188.3

71.9
2.0
2.4

-

8.6
25.5
8.5
9.3
44.0
3.2
80.5
5.7

10.6
25.1
23.3
9.3
48.4
35.7
80.5
5.7

185.3

241.6

26.0
2.4
41.5

17.5
.1

-

.2

-

-

14.8

-

-

-

-

-

-

4.4

-

.2

4.4
32.5
-

51.7

-

34.8
2.4
65.8
61.9
-

-

164.9

October 7. 1940.

Treasury Department, division of Monotary Research.
1

These figures are is of December 31, 1936. These are the latest figures available and probably represent
a minimum, due to Imability to withdraw earnings from many countries.

Appendis 43
Table 2

Assets of United States in Foreign Countries

(In millions of dollars)
Investments
Abroad 1/

:

-

-

War Debts

122

Das

128

United States

###

:

-

Total

:

:

23.3

Thailand

1.2

-

-

Tuskey
China

10.1
10.7
13.2

-

-

***
:

I

tiles. Dist. Only: Res. Dist., as: Des. 31. 1939
of 9/18/40
: as of 9/25/40 :

Direct

:

# Dollar Bonds
as of
: Second Federal: of Other Fed. :

U.S.S.R.

111

:

United States Short-Ferm
Claims on Foreignars

399.9

13.7
90.6
1.0

10.1
24.4
128.3
1.0

-

-

Total

23.3

1.2

34.0

105.3

163.8

399-9

United Kingles

16.8
26.7
3.1

3.0
2.1

-

474.1

495.9

5.00.5

1,414.3

1,951.6

3,394.7

.4

-

-

3.5

-

-

B.W.I. and Bermala

-

-

-

-

-

British Malaya
Palestine

-

-

-

29.7
23.7

29.7
23.7

-

.1

-

-

.1

-

-

96.0

111.0

207.0

-

-

-

-

-

-

8.3
55.1

&3
55.1

2,653.5

4,218.0

Ganada

Mong Kong

British India
Instrults

British South Africa
Days and AngleAgyptian Sales

Valor of South Africa
Total

-

-

48.6

-

-

5.5

1,510.4

Department. Division of Monstary Research

-

-

-

-

5,651.5

Ostebas 7. 1945.

1/ Those figures are as of December 31. 1936. These are the latest figures available and probably represent
a minimum, due to inability to withdraw earnings from many countries.

30/10/40

158
Appentix XXX

United States trais with Japan, Germany and Italy,
during the first 8 months of 1940

(In millions of dollars)
January-June

July

August

1940

1940

1940

106.9
66.5

15.4
13.4

25.2
13.3

.2

-

3.8

.2

United States exports
United States imports
Germany

United States exports
United States imports
Italy

52.1
22.3

United States experts
United States imports

.02
.8

2

.02
.2

United States Trade with Japan by Leading Commodities,

the first six months of 1940

(In millions of dollars)
U.S. Imports

U.S. Imports
All commedities
Raw cotton

Petrolean and products
Metal-working machinery

Irea and steel earn
Copper, refined

Steel ingete, billets
and slabs

106.9
25.5
16.3
15.5
7.6
7.4

Decidiates
10/10/40

Raw silk

Grabmeat, sause and paste

China, persolsin and
earthemorre

Cotton cloth, bleached
Tea

4.5

Irea asi steel bare and
reds

All commidities

3.4

66.5
41.3
2.5

1.5
1.0
.5

159
TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE October 8. 1940
TO

FROM

Secretary Morgenthau
Mr. Cochran

STRICTLY CONFIDENTIAL
Official sales of British-owned dollar securities under the vesting order
effective February 19:

September 30
October

1
2

3
L

No. of Shares

$ Proceeds of

Sold

Shares Sold

Nominal Value
of Bonds Sold

300

82,532
228,750
266,251
122,048
225,437
16,523

89,000
32,000
171,000
19,000
8,000
16,000

51,289
17,361
104,723
8,396
3,518
9,027

26,184

941,541

335,000

194,314

1,556,503

53,876,560

4,699,000

3,747,718

1,582,687

54,818,101

5,034,000

3,942,032

5,321
5,925
7,895
3,599
3,144

$ Proceeds of
Bonds Sold

5

Sales from

February 22 to
September 28

TOTAL FEBRUARY

22 TO OCTOBER 5

Mr. Pinsent reported sales of non-vested securities for the week ended
September 28 totaled $500,000.

K.M.P.

160

PLAIN

London

Dated October 8, 1940
MHO

RECEIVED 8th 1:10 p.m.

Secretary of State,
Washington.

3340, Eighth.

For Treasury from Butterworth.

1. With reference to my 3291, October 2, 6 p.m.

the British Treasury states it has, after previously
advising La Paz, imposed a clearing on Bolivia as the
only means of accElerating progress. As soon as the
arrangement is concluded with PERU the Bank of England's

representative will go from Lima to La Paz.
2. A committee appointed by the British Treasury
is now reconsidering the question of an insurance scheme
to COVER air-raid damage to property.
KENNEDY

CSB

161
PARAPHRASE OF TELEGRAM RECEIVED

FROM: American Consulate, Dakar, French West Africa
DATE: October 8, 1940, 3 p.m.

NO.: 19
I refer to telegram of October 6, noon, No. 17
from the Consulate.

I have been informed by Stefan Michalski, who

introduced himself as a Director of the Bank of Poland, that
Poland owns 56,920 kilos of the gold which is now in
French West Africa. The gold was loaded on the vessel
VICTOR SCHOLCHER at Brest, and instead of being taken

to the United States was brought here.
WASSON.

EA:LWW

162

October 8, 1940

To:

The Secretary

From:

Mr. Young

Attached herewith is a brief comparison of the British
type Martin bomber 187-B and the United States type bomber

B-26A. This comparison was furnished to me by the British
Purchasing Commission.

FY

British
193

Martin 187-B

Martin B26A

Engine

2 Wright 2600-A5B-5

2 P & W R-1800-5

BHP

1400 BHP at 10,000 ft.

1500 BHP at 14,000 ft.

Normal weight
Crow

Top speed

Fixei guns in wings
Flexible guns in nose*

21,050 lbs.
4

336 MPH at 12,500 ft.

4 x 0.3

Fixed guns in fuselage firing aft

4 x 0.3

Flaxible guns firing above fuselage
Flexible gune firing below fuselage

2 x 0.3

Flexible gun in tail

Normal bomb load (total)
Overload bomb load (total)
Maxirum range with normal load
Maximum range with no bomb load

Guns in upper non-retractable
power-operated turret
Guns in rear bomb bay

* Provision made for additional
2 x 0.3 flexible guns in nose
10-8-40

2 I 0.3
1,000 lbs.
2,000 1bs.

about 1,350 miles
about 1,400 miles

28,340 1bs.
5

313 MPH at about 16,000 ft.
1 x 0.3
1 x 0.5

1 x 0.3
2,000 lbs.
4,000 lbs.
about 1,000 miles
about 3,000 miles
2 x 0.5
2 x 0.3
Firing forward.
Sockets for mounting 1 x 0.3
gun at each side window.

164
October s, 1940

Dear General strongs

I appreciate your kindness in
making available to me your several n

ports on your trip to England. X have
read then most carefully and found then

intensely interesting.

Yours sincerely,
(Signed) H. Morgenthan. Jr.

Brig. Gen. George v. Strong, U.S.A.,

Bar Department General Staff,
Var Plans Division,
Washington, D. c.

Personal on envelope

165
October s, 1940

- General strongs
I appreciate your kindness in

making available to - your coveral m
ports on your trip to England. I have
read then most carefully and found then
intensely interesting.

Yours sincerely,
(Signed) H. Morgenthau, Jr.

mig. Gon. George v. Strong, U.S.A.,
- Department General Staff,

- Plane Division,
machington, D. 0.

166
October e, 1940

Personal on
envelope
Dear General stronge

I appreciate your kindness in
making available to me your several 70-

ports on your trip to England. I have
read them most carefully and found them

intensely interesting.

Yours sincerely,
(Signed) H. Morgenthau, Jr.

Brig. Gen. George v. Strong, U.S.A.,

War Department General Staff,
Var Plans Division,
Washington, D. C.

(Signed) H. Morgenthan.or.

x

f

WAR DEPARTMENT
WAR DEPARTMENT GENERAL STAFF

w/m

WAR PLANS DIVISION

167

WASHINGTON

September 28, 1940.

Mr. Henry Morgenthau,

Secretary of the Treasury,
Washington, D. C.

Dear Mr. Secretary:

In connection with our conversation of Wednesday night, en-

closed are copies of reports submitted to the President and
Secretary of War on my trip to

Respectfully yours,

GEO. V. STRONG,

Brigadier General, U. S. Army.

SECRET
168
Memerandum for The President

Subject: Preliminary Report of Generale Strong and Remons.

1. General Ramons, Commanding ONQ Air Force, and General Strong,

Assistant Chief of Staff, War Plans Division, who left for England
on August 6 as War Department observers, have returned to Washington

and have submitted their report, the essential features of which are
ammarised as follows:

a. British morale is high. Both Government and
public are confident, perhaps over confident, that they
can defeat decisively any attempts at invasion by Axis

Powers. They display an equal confidence in their ultimate
vistory.

b. Internally England is united behind Churchill.

Externally the situation is fluid. The Chief British com
corns aside from invasion of England are the Mediterranean,

the Near East and the Far East. They regard it as to their
best interests that the American Navy remain in the Pacific.

so Industrially the situation is not bad at the
present. British policy is to utilise to the utmost the
material resources of the Empire and of the United States.

Production, particularly in aircraft is increasing, but
their factories are very vulnerable to attack and have
suffered some damage since September To Production of

armosest is not se satisfactory due largely to shortage of
machine tools. Until September 7 industrial production had

been hampered but little by air raids, after that date it
decreased markedly in some lines, dropping for instance 60%

in the Ford factory. The British do not know their full
combined requirements for minitions, nor do they know their

own actual or potential production capabilities. They have

SECRET

SECRET
nothing comparable to OUT Industrial Mobilination Plan, nor
have they the data on which to base mail a please Their

- from - in on a bests. They
desire w to assure as - expense their material require-

wate. If they use the facilities time established they
will pay if possible, if not then we must foot the bill.

s. The financial outlook is dubious if not distimotly bad. On September 2 Lord Beaverbrook, with the

consurrence of the Prime Minister, stated that their gold
supply, including the French gold, the amount and legal
status of which is debatable, amounted to & 750,000,000.

This statement, as pointed out at the time by the American
Ambassador is not consistent with Treasury statements.

2. The shipping situation is sorious, doe to short.
age of destroyers, flying-boats and light creft with which
to meet the apparently increasing submarine manace, which is

resulting in leases of tennage that will be crippling if
not promptly controlled.

L The military situation is fair insofer as the
British Ieles are conserned. If invesion be delayed until
after October 15 the situation will improve decidedly dur-

ing the winter. The look of fully trained treops and month, and the diversion of troops to the Near East has

spread defensive mass dangerously thin. The most vulnerable
areas, whole less would be very serious are Egypt and

Cibralter. The British are hopeful that they can be moceesfully defended.

& The air stimation is not too bods The Fighter
Command has done magnificent work, but as you has not food

SECRET

169

SECRET
170

- then 29% of - air strength. The Subher Communi
has

has and is making many profitable sorties into Germany and

Italy. The actual operating strength of the Reyel Air
Force is weak and lessee have been heavy but quality, marals

and confidence remain high. The production of trained

combat exems, including pilote, is the bottle neek with

the Reyal Air Force new and will be for - time.
h. The neval situation is unfavorable at the
present tim, due to lack of destroyers and the relative
weekness of the Naval air arm. Lessee in neval material,
due to submarines and bombing, have been heavy but have

not affected morale nor apparently the contact efficiency

of the Flest. The problem of safeguarding the shipping

lanes has not been selved in spite of the fast that the
Royal Navy has express confidence in its ability to mintain control of the mass.
1. The present defensive phase existing since
Dunkird has been essentially an air war, the Army and

Navy playing subordinate roles. Coordination of the three

are is effected by mitual cooperation. Just how this
cooperation would work in the face of a combined German

land, sea and air attack is problematical. How it will
work in combined operations in an offensive in an overseas

theater is questionable in view of British failures in
Money Belgium and France.

1. The outstanding leasons of the war for appear to be as follows:

SECRET

SECRET
171
(1) our air pregian must be redically revieed.
Overration aviation as a type mas be sampped.

n I frastim under maders battle conditions.
In the place must be a fast light bumber, well amount,

expoble of carrying - attack bomb Load and fitted

with I for aerial photography and writing equip
ment. The firepewer of parents and bombers mist

be increased. Bonb buys mut be provided for h

diing the - number of boube of all sisee
that the airplane can carry.

(2) Antisinstaff give, heavy and light, must

be provided for all bases, airfields, vital installstime and mobile ochums. Such - must be
capable of heriental five against ground targete.
Ground machine - must be furnished with adapters

for antistretall fire.
(3) A high proportion of engineer troops must

be available for repairs to reads, Landing fields,

for moting denolitions, for construction of w
fense work and for making andi-tent obstation.

(4) Dependable militale improvement of entires - be furnished all echalone.
(5) More effective contined training between
air, ground and neval foress must be established as
a rockine matter.

(6) More vigorous physical and disciplinary
training must be given both condenioned and enlisted

personal. A state of high plyndeal training is
consential to modern operations.

SECRET

SECRE
172

(n) A high degree of testimal indectrication

of officers and officers and a
correspondingly local decontrolimation of responsi-

bility for adoptimete accountary 2a strongly in
diested.

(8) There is a marked need for more effective

and rapid radio commission in oods.
(9) A marked increase in anti-tank defensive
power in Divisions is necessary.
k. On September 7 Mr. Churchill asked these officers

to convey to you the following statement of his urgent needs
(1) Expediting the mainfacture and shipment of

machine tools already under order, it being vital

to British production that those tools, particularly
capstans and millers, be furnished with the least
practicable delay.
(2) Flying-boats (Smadish contract) which are

essential for combating the present submire In addition Mr. Churchill desires 50 PHX is over and
above these that are on order, They are needed at
once.

(3) Meter torpedo boats, Twenty of these are
urgently nooded for policing the Channel in the event
of an attempted German invasion, in order to combat
the Genesa B-oats.

(4) Rifies. Mr. Charchill stated that he feels
the urgent need of every rifle that we can spare ever
and above the 275,000 Lee-infields (evidently refuring

to the 250,000 - being shipped) which

SECRET

173
had - been shipped by September 2.

(5) Anything thes can be - to expodite
the manfasture and delivery of airplanne on contract would be a diskinct contribution
to moking the serious abortage of combat please
which now exists.

(6) 16" Coast Defense guns. Mrs Charchill
expressed himself as urgently desiring two (2)
coast defense guns of a range of approximately
45,000 yards for counter battery work against
the German big gan installations opposite Dever.

(7) As many pilote, trained by the Army

or Havy, as will velundeer. Mr. Churchill stated
that he would provide any Anay or Mary pilot on
a leave of absence status for a few months, a
wonderful training by giving then actual combat
experience.

1. On September 16 during a farewell call on Lord
Beaverbrook, the latter stated he was much concerned over

the extertionate action of the Skinson airplane people in
delaying prospective delivery of 100 0-74 Shinoon planes
unless an increased price of 85,000 per plano were paid.
Lord Beaverbreek desires priority on 100 of these planes
now being delivered to the United States Government.

Lord Beaverbrook is also very andious to not at once from

the United States Deversant 12 "Flying Fortresses" to
use in long range bonbing operations against Germany and

Italy during the coming winter. He intinated that canverections had already taken place with the President on

this subject. In addition, Lord Beaverbrook desires that

-

SECRET
the release of be expodited.
2. A complete copy of the report of those officers will be

available is desired, in a day or -

Secretary of Ware

NOTE FOR RECORD

Delivered by hand by A.C. of B.O UPD to Chief of staff

for signature of See. of Ware 9/23/40.

SECRET

174

175

CONI
WAR DEPARTMENT
WPD 4368

War Department General Staff
War Plans Division

WPD
GVS

Washington

September 25, 1940

MEMORANDUM FOR THE CHIKF OF STAFF:

Subject: Observations in England.
1. In compliance with orders from the Secretary of War, dated
August 3, the undersigned proceeded on August 6 from Washington, D.C.,
to New York, and embarked on August 7 on the S. S. BRITANNIC to the

British Isles, arriving in Liverpool on August 15. Confidential in-

structions furnished the undersigned were carried out until September 18, on which date they departed by Imperial Airways for Lisbon,
Portugal. Arrived in New York on September 20 and returned to Washington.
2. The personnel of the American Embassy made the necessary ar-

rangements so that the undersigned had the opportunity to talk with the
King, the Prime Minister, the War Cabinet, practically all members of the
Government and with the Chiefs of Staff, the Vice Chiefs and the personnel of the High Command of the Army, Navy and Air Forces, to visit military, naval and air commands, airplane factories, defense works, training
establishments and so forth. Every question asked was fully answered, or
arrangements made to procure the necessary information except in regard

to procurement of munitions in the United States for which they apparently have no long range plan. All concerned were perfectly frank and apparently no effort was made to conceal anything or to put their best
foot forward. The Government and the High Command realise fully that
they are facing the most desperate orisis that the British Empire has

ever net. They are perfectly frank in their statements that they are

dependent upon us for means that they cannot produce themselves. They

are supremely confident of winning out in the end. They are going about

their job ooolly, calmly, and a bit grimly, with a firm determination
that if they cannot win out they will go on fighting to the bitter end

and then go down with the flag flying.

3. Morale is high. The undersigne discussed conditions with
government officials, Military, Naval and Air Force personnel of all

ranks and ratings, civilians, farmers, business men, policemen, waiters,

and taxicab drivers. They were all a unit behind Mr. Churchill, and
are confident, perhaps over-confident, that they can defeat decisively
any attempts at invasion by Axis powers. There was no flag waving.
There was no hysteria, but there was manifestly a grim determination
cheerfully to go on and see the show through, thoroughly convinced of

their ultimate victory. We talked to no children, but a little tyke

of about 2-1/2 years of age, sitting in his pran in Hyde Park, wearing a

tin hat and playing with a gas mask, seemed as cheerful as his elders.
This cheerfulness, a trifle grim and somewhat forced, appears almost
universal; how long-continued bombing of the character to which London
has been subjected since September 7, will affect the British, remains

to be seen. The internal situation, as has just been indicated, is
relatively stabilised. Externally, the situation is fluid due to the
fact that it is as yet impossible to determine how the Spanish will

jump and how the Balkan situation will develop. It is assumed that
sooner or later the Axis powers will move into both Spain and Portugal.
This action, when taken, is likely to have serious effect upon American

-1-

CONFIDENTIAL 176
communications to Europe, unless our present neutrality proclamations
are changed in accordance with new developments. The chief British
concerns, aside from the present danger of invasion of England, in or
der of priority are the Mediterranean, the Near East, and the Far East.

The British, insofar as the future is concerned, are visualising not
only the present war but subsequent operations on the Empire basis

rather than on the British Isles basis. It is to be noted, however,

that the first Sea Lord of the Admirality on two occasions stated that
be deemed it to their best interests that the American Navy remain
in the Pacific.

4. Industrially, the situation is not bad at present. The British, however, apparently have not fully realised and discounted the
possible effect of long continued bombing upôn industrial production.
Last Friday, the plant manager of the Ford factory in Britain informed
the American Ambassador that Ford production had dropped 60 per cent
since September 7, as the result of the intense bombing raids over
England. We were unable to check the effect on other industrial con-

cerns. The British policy, at present, is to utilize to the utmost
the material resources of the Empire and of the United States. Pro-

duction, particularly in al reraft, is increasing but their factories

are extremely vulnerable to air attack. The bombing of the Wellington

factory, south of London, on September 10, decreased the production of
Wellington bombing planes by 30 per cent for an estimated period of
one month. These figures were given by the plant manager and are merely
an estimate. The production of armanent is not satisfactory, due
largely to the shortage of machine tools. Until September 7, when intense air raids began, industrial production had been hampered but little
by air raids, after that date it decreased markedly in some lines as
witnessed by the statement of the manager of the Ford plant. It is to
be noted and seriously considered that the British do not know their
full combined requirements for materiel, nor do they know definitely
their own actual or potential production capacity. Their procurement
from us has been and is on a hand-to-nouth basis. They desire us to
assure, at our expense, their material requirements. If they use the

facilities thus established they will pay if possible, if not then we
must foot the bill. This statement is made as the result of two conferences with Sir Walter Layton, who arrived in this country yesterday
to act as the Chief Economic Adviser of the British Purchasing Commission, and who undoubtedly will see the President. Sir Walter Layton

is an economist of note. He knows little or nothing about military
procurement or about military supply. His attitude is typically British and his primary concern is British procurement.

5. The financial outlook is dubious if not definitely bad. On
September 2, Lord Beaverbrook, with the concurrence of the Prime Minis-

ter, stated to the undersigned that the British gold supply, including

the French gold (the amount and legal status of which is debatable)
amounted to 750,000,000 Founds. This statement, as pointed out at the
time by the American Ambassador, is not consistent with Treasury statements. Lord Beaverbrook insisted that his statement was correct.

6. The shipping situation is serious due to shortage of destroyers, flying boats, and light craft with which to meet the apparently
increasing submarine manace. This is resulting in the loss of tonnage

that will be crippling if not controlled. The British, publicly, are

not admitting the very serious losses that are constantly occurring.
Details of this will be furnished the Navy Department by Admiral Ghormley.

CONFIDENTIAL

177

% The military situation is fair se for as the British Islan

are

consurned If invasion be delayed until after October 15, the

situation should improve decidedly during the winter. The lack of

rilly trained troops, the Inck of adequate ammunt, and the diversion

of troops to the Near East has spread defensive morne in the British

Isias dangerously thin. Outside of the British Islee the most vulnerable

areas whose loss would be very serious are Egypt, which of course would

involve the Sues Canal, and Oibralter, which would involve the lose of
the control of the Western Mediterranson. The British are hopeful,

however, that both can be successfully defended.

8. The air situation is not too bad. The Fighter Command has
done magnificent work but as yet has not faced more than 25 per cent
of Oerman air strength. The Bember Command has, and is making, many

profitable sorties into Germany and Italy. The actual operating
strength of the Royal Air Force is weak and losses have been very
heavy, but quality of personnel and material, morale, and confidence
remains high. The production of trained combat crows is the bottleneck with the R.A.F. now and will be for some time to come.

9. The naval situation is unfavorable at present, due to lack

of destroyers and the relative weakness of the naval air arm. Losses
in naval material, due to submarines and bombings, have been heavy
but have not affected morale, nor apparently the combat efficiency of
the Fleet. The problem of safeguarding shipping lanes has not been
solved in spite of the fast that the Royal Navy has suprese confidence

in its ability to maintain the control of the seas.

10. The present defensive phase, existing since Dankisk, has been
essentially an air war, the Army and the Navy for the time being playing
subordinate rolls, Coordination of the three Arms is effected by autual
cooperation. Just how this cooperation would work in the face of a
combined Oarman land, sea and air attack is problematical. How it will
work in combined operations in an offensive overseas theater is questionable
in view of the finsee in Norway and in Belgium.

11. It should be noted throughout this report that our observa-

tions were made of conditions existing in a very special situation, that
is a defensive phase of a war being waged essentially on British soil,
and what appear to be obvious lessons under these conditions may not

be applicable to their full extent under offensive conditions in a

theater outside of Great Britain. This matter has been daily considered

in this report, and the report itself is limited to what appear to be

)

conditions and developments which may be of value to us and are not of
a special character or limited application. We saw much from which we

can learn lessons. We - much that is mastisfastory and certainly
should be avoided as far as our development is concerned. This report

will deal primarily with the positive matters that appear to have an
application either to our material, or to our training, or to our
tactical handling of the various arms. In many respects, the British
are far ahead of us in certain specific lines. In other respects they
are years behind us. This report will endeavor to avoid criticism and
indus emphasis on the obvious mistakes the British have made but which

have little or no application to our physical conditions. It has been
customary in the past for many American officers to disparage the

efforts of the British, especially in their technical progress, and

in that of the Germans. our
are
a difficult and doing it so as
particularly can the be British comparison doing with job well, In and opinion and far
judged from reports on captured German military equipment
from personal observation of certain of this equipment, especially in
aviation, the British are well ahead of the Germans.

CONFIDENTIAL

-3-

A

CONFIDENTIAL
12. In connection with the trips outside of London, to which
reference is made hereafter, the officers detailed to escort us made

effort to show us everything we desired to see. These trips

included every invariably stops for inspection of damage caused by bombs of

different types dropped in the course of air raids, and we were allowed

free access to all barred or prohibited areas. As illustrative of the

courtesies that were extended to us, at Plymouth our guide over the

rater" which is under repair after the fight with the "Graf Spee" off

Montevideo, was the Chief Engineer who served on the "Eletter" during

this fight. For our visit at the Bomber Command they flow in from
other stations, all types of ships that are actually used in the Dember
Command or which they anticipate using. These included the new Stirling
four-engine bomber which is superior in bomb capacity and armanent to
our B-17's. At Croydon, Kenley and Marston, we saw the effects of bombing very shortly after the raids were over, And before many of the delayed action bombs had been exploded. While every effort was made to
afford us reasonable protection, we were not coddled or wet nursed.
To were allowed out in the open to see air fights overhead, the only
restriction being that we were strongly advised to wear tin hats.

13. The following paragraphs record the results of our obser-

vations and are accompanied with recommendations pertinent thereto.

In this connection it should be noted that the personnel in the office

of the Military Attache have reported in detail on many subjects on
which we asked questions. It is to be regretted that the outstanding
work that has been done in this office apparently has not been given
the widespread dissemination in the War Department that its intrinsic
merit deserves. This applies in particular to the superior work which

has been done by Major R. R. Studier who is freely acknowledged to be
an outstanding authority on armament and ordnance material. Apparently
the reports and recommendations which have been submitted by Major
Studier have not been given the weight and consideration which they

deserve. In regard to aircraft armanent in particular it is believed

that it would be the part of wisdom to order Major Studier back to the
United States for a period of about three months in order that our aircraft armanent program may be gotten on its feet and the lessons of the
present war be properly considered and incorporated in our own rearnnent program.

14. As stated in the first cablegram sent to you, this place,
under present conditions, is a gold mine of information, and the undersigned would be lax in their duty if they did not point out the wisdom
of taking immediate advantage of the experience over here, and urge that
due consideration be given to the progress that has been made by the
British in the development of weapons, and in the change in tactical
doctrine impressed upon them by the bitter lessons of this war, in
order that we may not find ourselves, either as the result of ignorance
or of smug self-complacency, in the same boat that the British found
themselves a year ago. Development is proceeding so rapidly, tactics
are being so altered, the interplay and the interdependence of the old
arms is becoming so vital and the cooperation and utilisation of new
arms is attaining such importance that we must, in self defense, keep closefully abreast of these recent developments. To do so, we must be

ly in touch with the multifarious questions which are being solved,

and solved satisfactorily, over there. To that and, the Military At-

tache there, in order to do his job must have more space, more personnel,

and more funds, and this applies particularly to highly skilled technicians in the Air Corps, in Ordnance, in the Signal Corps, in the

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Armored Corps, in the Engineers, and in Industrial Mobilisation. In

addition, highly competent officers of infantry and field artillery
should be kept in Great Britain constantly to keep abreast of the
must developments in training and in the technique of employment.

15. The following detailed observations are submitted under the
heads indicated at the beginning of each paragraph in an endeavor to
present a general picture covering the subject which may be of some
use to the interested agencies in the War Department. They are based
primarily either upon personal observation or upon conversation with
high ranking officers whose activities have been influenced thereby,
16. AIR MATERIEL.

The modern British aviation equipment is excellently
designed to meet the problems they had in mind at the time such design was approved. It has proven to be superior in most every respect
to the German equipment that has so far been used in the battle of

Britain. British fighters are fast, mansuverable, and relatively easy

to fly. They have been successfully largely because of their superior
offensive fire power. All have self-sealing tanks and armor for the
pilot. The British are adding more guns to, and increasing calibers

on, their fighters as rapidly as they can, consistent with delivery

requirements. Armor is being added, for example on glycel tanks,
where experience proves the necessity. The additional weight is be-

ing cared for by installing engines of greater power. In spite of

added weight, performances of the same types appear to be going up
rather than down. British bombers are characterised by very large
bomb bays. The British believe in and apply the fundamental principle
that bomb and fuel loads should be interchangeable to the maximum
practical degree. The British require a reasonable minimum of speed
but consider speed to be secondary. British bombers are well protected
by armor and defensive machine guns. They have developed two excellent
types of power turrets and are using them as shown by the Halifax and the

Stirling, their new four-engined bombers. The British are producing

four-engined bombers in order to secure increased ranges and bomb loads.

Some of the details we observed with respect to British
aviation equipment follow:

(1) The British have a very high opinion of the North
American trainers and Lookheed Hudsons.
a.

Fighter aircraft to be successful, other things

being equal, must have more offensive fire power than that of the enemy.
The only effective fire up to the present time has been at very short
range and the effect for the few seconds available must be very great

if the hostile airplanes are to be shot down. In this connection, and

because of the armor now being put on the German airplanes, the British
have accepted the policy of arming their fighters with as many cannon
as can be carried and still retain the required performance. Service

test installations are now being made in British fighter airplanes as
follows: In a Spitfire two-20 - and four-303 machine guns; in other
Spitfires six-50 calibre machine guns; in a Hurricane four-20 - cannon. We had an opportunity of seeing the Typhoon type of airplane,
equipped with the Sabre engine, which had (mounted on it 12-303 machine
guns. We also had an opportunity to see the Beaufighter, which will
have mounted on it four-20 - cannon and six-50 calibre machine guns.
There is no doubt that such of the success that the British have had
over the Germans is due to the superior fire power of the British

+

fighter.

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A. In all the large Members we examined we found the
familage emb-bays to be divided into three sections
this allows many more of the maller types of bombs to be carried and,

what is of great importance, allows sub-bay does to be very light and
11. The pilots state that the healding action of those board bay Sours
when opened is practically nil. The for-engined Skirling and Halifax
bombors have not only enormous bomb-bays in the funilage but also one in

the wing on each side of the fundlage. In the Skirling the wing bomb

bay doors are drawn up into the bomb-bay. This airplane has enough Boab
bay space to carry 24-500 pound bombs.

2. It should be noted that the Minister of Aircraft
Production is very andious to secure 100 of the Stinson type for work

with the artillery. It is understood that those airplanes will be
manned by artillery officers.

d. We had an opportunity to speak with a number of
fighter commanders and pilots and their complaint invariably was that

they require more ammition. The Spitfire for example has eight 303

machine guns and 15 seconds of fire. On several occasions to date,

fighters have had to land three times in order to replenish their

ammition.

g. It was noted that all guns and cannon on airplanes
are provided with heaters. It also was noted that in order to make
successful photographic reconnaissances, cameras had been mounted in

Spitfires. We saw some of the photographs taken at altitudes in excess
of 30,000 feet and they were excellent.

L. Both Spitfires and Harricanes are being ferried

considerable distances because they have been provided with auxiliary

fuel tanks. It is most essential that our pursuit planes be equipped so

that they too can be flown greater distances for ferrying purposes.

The British Fighter Comand appear to think highly
of the De Wilds explosive incendiary bullet. It is understood that

report has been made of this bullet and that a sample has been sent to
the United States.

h. It was the opinion of several officers of the Fighter

Command with whom we talked that the ordinary explosive bullet with the
instantaneous fuse is of little value because no penetration is secured.

They seen to think that a bullet of the tum-dum type which will tear a
large hole in the airplane structure would be of greater value.
1.

Inquiries showed that fire-control developments

for defensive and fighter gunfire are still in the experimental stage.
1. We had an opportunity to see on a map the location
of all searchlights in the Searchlight Command. We were astounded at
the very large number of searchlights now in operation. From a quick
examination of this map it appeared that almost the entire country was
checkered with searchlights, with distances between lights varying from
3,500 to 6,000 yards; certainly this was true of the London area and that
part of England south of London.

k. We also learned that the British had developed an

air-to-at detector and that it is in limited use at the present time.
The Commander-in-Chief Fighter Command stated to - that he thought it

was the answer to night interception. This device is now installed in
two-eeater fighters because of its weight, the necessity of having one

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- to devote most of his time to watching the spostroscopes and because
of the brightness of the light. This device new weight somewhere between
150 and 200 pounds and has a maximum range of 6,000 yards and a minimm

range of from 800 to 450 feet. IS is being redesigned to weigh about
half its present weight, or less than 100 pounds, to combine the two
spectroscopes into one and to dim the light points. when this is accom-

plished this device will be installed in single-coater fighters.

This device is used in connection with their ground-control systems
the Fighter Command knows where the hostile airplane is and by directional radio tracks the fighter. The Fighter Command directs the fighter

to the near vicinity of the hostile bomber, the fighter then with the
use of his air-to-air detector makes interception. This device is of
tremendous importance.

1. We learned that the British had developed and are
using an airplane-to-ship detector which can locate a ship the sise of a
cruiser as far away as approximately 50 miles. This device is also of
tremendous importance because it simplified the problem of reconnaissance

and the problem of interception by our bombers of surface craft. The
Coastal Command pilots actually use this device to home on coastal points.

a. The British have found the definite necessity for
de-ising equipment; they have been equipping many of the Hampden bombers

with de-icing equipment and will shortly equip the Wellingtons. It is
expected the fighters must content themselves with alinger rings and
protection for the control hinges.

a. There is no doubt of the value of the self-sealing
gasoline and oil tanks - these are demanded by all. The British are
now armoring the glyeol tanks to avoid fires.

o. The British fighters now adjust their fire to
cross at 250 yards.

On some of the reflector-sights used by the fighters
there are etched rings which give to the sight range-finding properties.
p.

g. The matter of identification of aircraft is of the
utmost importance. The Military Attaches have submitted reports on the
methods used in England. The pip-squeak radio signal or some other means

of radio identification is essential. The fighters have a pyrotechnic

projector in the tail of the ship, fired electrically from a switch in
the cockpit. This is used to signal to the anti-aircraft artillery their
identity if picked up by the searchlights or fired on and to inform the

anti-aircraft artillery that the fighter is ready to attack. Such an
instantaneous visual signal is absolutely necessary.

Interceptor fighters are very closely controlled
ground, and their location is determined by the use of directional
r.

from

the

radio tuned to the pip-squeak signal.

E. It is the usual thing for the British to install
loui-speaker systems that cover the whole airdrens except the officers'

quarters.

1. The self-starters of the airplanes are not used to
start the fighter enginess instead, batteries mounted on carts are used

for the purpose.

.

The following is a brief description of the Stirling

bomber. Performance figures were given us by the pilot of the ship, and
my not be accurate. It has four Heroules enginee and weighs in the
neighborhood of 64,000 pounds. It has an extremely long familage, which

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gives it the appearance of a gragon fly. Its operating eruising
around 220 miles per hour, and its most economical cruising speed is
185 giles per hour. IS has a range at most economical speed speed of about

2500 miles. IS has a very long bomb-bay in the fasilage divided about
three sections. It also has a bomb-bay on each side of the fusilage. into
IS can carry 24 - 500-pound bombs, on short-range missions.

Y. The data on the Handley Page "Halifax" four-engine
bonber are in the hands of the Chief of Air Gorps.
No The British have had several accidents by running
into their own barrage balloons. To avoid this they have developed a
radio device similar to our marker beacon which indicated when there is

a balloon in the near vicinity.

x. The British have developed a glide-bombing sight,

and the Bomber Comand considersnit absolutely essential to effective
operations.

x. They have in their Intelligence Room a projector

which enables a photograph or a map to be projected on a screen. The
may or photograph is laid horisontally in the machine. Such a thing

is of great value in pointing out to the combat crews details in con-

nection with their mission and the objective.

1. It was learned that the French had, when collapse came, a four-engined Stratosphere Farman Bomber. This bomber
performed many missions over Berlin and Italy. It was manned with a
Naval combat crew. It is probably now in the hands of the Germans.

M. A jacket made out of water-proof cloth was observed. This jacket had as an integral part of it, water wings and

provision for the parachute harness. Two straps with hooks protruded
from the jacket near the breasts and two others from near the seat.
This would permit a belly type or seat type parachute to be attached
to the harness by the very simple and quick operation of attaching two

hooks. The officer who wore it said it was very satisfactory and we

have asked the Military Attache to purchase one and send it to the
United States.

bb. We were told that clay-pigeon shooting with shot

guns mounted in at rplane turrets using a ake-shift fusilage was a
very good form of flexible gunnery training.

We had an opportunity to see some high altitude
so.
combats and the condensation formed behind the fighters. art times

this condensation causes a fighter to be picked out by anti-aircraft
and hostile fighters. It is desirable that some means be devised to
do away with this condensation.

It was also learned that some of the German divebombers have an automatic pull-out arrangement which performs the open-

ation on a fixed radius so as to avoid undue strain on the structure.
The British are now interesting themselves in the
construction of gliders. as. The Chief of the Operation Planning Division
stated that they expected to have gliders which will carry off 40 men. the

They fully appreciate that a far greater load can be taken in the
ground by an airplane dragging a glider than can be carried

airplane itself. They have a project, in order to get off with large

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leads, of loading the airplane with the maximum load of boube, and a

limited amount of fuel, and loading a glider with sufficient gasoline

to N11 the tanks of the bomber. When they are both in the air, the
glider pilot takes his position somewhat above the airplane and allows

the gasoline to flow from the glider tanks into the airplane tanks.
ff. It is noted that German Airplanes have been constructed so that quick engine changes can be made. It is estimated
that on a Messerschmitt 109 an engine change can be made in 40 sinutes.

It is a great weakness in aircraft manufactured in the United States,

and we are going to lose an immense amount of flying time unless our
aircraft are built so that enginee can be changed in the minimum of time.

EE. The British are using ammunition belts that are
more flexible than ours. We will have to have them for installation
in four-gun turrets.

hh. The camera guns on the British fighters are of
great value in checking the training of their pilots and in pointing out

mistakes. We must mount them on our fighters as soon as possible.

11. The British have made a very satisfactory mounting
of the 20-- cannon in the Hawker Hurricane. The success of this installation can be attributed to the belt feed obtained from the French, drum
feed cannot be as satisfactory. Each gun in the Hawker Hurricane will

have 100 rounds in a belt.

11. The Freser Mash hydraulic turret and the Boulton

Paul electric-hydraulic turret both appear to be very satisfactory. The

hydraulic turret is superior as far as case of handling is concerned,
but is more vulnerable than the electric-hydraulic turret.

kk. The British have developed a hydrostatic mine of
the type recommended by the GHQ Air Force. The Military Attache has

been promised full details of this and they will be forwarded shortly.

11. It is understood that the British are equipping a
squadron of torplanes for Mediterranean service. Colonel Hunter will

visit this squadron if it exists and determine the data on it.

- The British have had great success with night
bombing and we tried to find out the real reason. It was not until we
had an opportunity to examine the British bomb sight that we learned the
reason. In our bomb sights the bombardier must look at the objective
through a periscope containing half a dosen lenses. This cuts down the

light by about 50 per cent. The light is still further out down when
the cross hairs are illuminated. The result has been that we have had

very little success with night bombing. The British, on the other hand,
have incorporated the reflector principle in their bomb sight. Their
bombardier looks directly at the objective through a piece of non-glare

ground glass; on this glass is reflected the cross hairs. The result
is that practically all of the light on the target reaches the eye of

the bombardier. It is recommended that our bomb sights be modified so
that this device can be used for night bombing.

m. We had the opportunity to examine the three types
of the Lotfe bomb sight used by the Germans. The latest model is better
arranged and more compact than the other two and has incorporated in it

an adaptation of the pendulum principle in order to get directional stability. The principle of the German bomb sight is exactly the same as

that of the British. The material division is familiar with this principle.

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99. We also had the opportunity to - Conson and
British cameras for vertical work. Both use the head.spherical lone
added apparently performs the same work as our miss-leases. The two
General concres, and they are the only - they use, are both balky

ml heavy. The British on the other hand, is very Might and
compost, much more so than our multi-leas canaras. If the

less will do the job that our multi-leases do than it is recomended
that the material division study the possibilities of using such a
less. The civilian in charge of the canate laboratory stated that
there was no indication that the Germane - taking color to infrared pictures or that they were further in advence in photography than
the British.

PR. A number of German types of airplane were exemined
during this trip to England. One is standok by the lack of defensive
fire power, the small bomb capacity, and the lack of working space given

to the crew. It is very evident that the Germans have secrificed offen-

give fire power in order to secure speed. The damage done by the Germans
in England has been very mall considering the very large number of
bombers used and the reason for it is that their bombers and the fusing
of their bombs are not satisfactory. They have done only a fraction of
the damage that they could have done had they been equipped with the
British types of bombardment airplanes.
17. AIR FORCE PERSONNEL.

The Royal Air Force is self-contained insofar as personnel
is concerned; even the medical officers wear Royal Air Force uniform with

special insignia. We were informed that the infentry and artillery now
engaged in protecting air stations will shortly be transferred to the

Royal Air Force in order to assure homogencity, avoid complications and
to improve morals.

We were struck by the alert young man in comand of the
combat units of the Royal Air Force. We found that the Royal Air Force
has two fundamental policies with respect to this
A. To place in commond mm young enough to load their

unite in action and stand the physical strain of continuous air operations.
b. To give commanders the rank that their position calls
for. Rapid promotion in the Royal Air Force is achieved by the following
means:

(1) Accelerated war service promotion. This
applies to officers up to and including Squadron Leaders.

In time of war a grade corresponding to First Lieutenant

may be reached in one year. The grade corresponding to
Captain may be reached in about two years.

(2) Selective temporary promotion, to Squadrun Leader and above. Each position, whether command or staff,

is given a grade and the right man is selected to fill the job.
When for any reason he is transferred from the job he love his

temporary grade, - that provision is made that if an officer

holds a temporary grade for a certain period of time, varying with
the grade, he retains his temporary rank for the duration of the
ward should he be retired he is retired with his temporary rank.

(3) A ruthless policy of retirement and discharge. Regular officers are retired on an age in grade policy.
Should they in the montime be found mantisfactory in any n
spect they are immediately put on a pension. This policy does
not work such a hardship as it might seen as most of them who

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wish to are immediately given positions in the Air Ministry, at
25 per cent increase in their pension. In this connection it
is interesting to note that the nine of the Regular Officers
a

Corps in the Royal Mr Force La should the - da 4th was before

the war - about 1500. The British did not, after the last war,

take any large number of officers of about the sees age into the
regular Air Force, and as a result have not the very serious problem

sonfronting our Air Force. The British at the present time are take
ing into their regular establishment very few new officers each

year in order to cover the attrition rate and to provide a hope to

the many temporary officers who desire permanent commissions. Nature

ally the officers who go into the regular establishment are very
carefully selected. The advantages of such a policy are obvious.
We questioned the effect on morale of the entire policy and the
ANSWOR was uniform and to the effect that it did not harm morale
because every officer when he came into the service know exactly

what to expect,

It is interesting to note that approximately 10,000 young
women are now a part of the Royal Air Force. They fill all kinds of
positions and do many jobs far better than can be done by mon. It is
said that they help morale and that no sex problems of any moment have

been encountered.

Before the war it was the policy that all officers of the
Royal Air Force be pilots excepts

Officers assigned to the equipment branch.
Medical officers.

e. Chaplains.
Since the beginning of the war there has been organised an administrative

and special duty service and the officers in this service are non-pilots
and also temporary officers.

It is the policy of the Air Ministry to give the fighting
units the officers they want) in 8 ther words the combat units have first
choice of officers rather than last, as we have in our Air Corps.

It is noteworthy that every step is taken to relieve Combat

Commanders from administrative matters. The only exception in the Royal
Air Force is the Station Commander who is charged with the administration

of the station and the operation of the squadrone on that station. This
Station Commander, however, is given a very high ranking officer to handle
administrative work. However, it has become perfectly evident that the
Station Commander who is charged with the defense of this airdrone, the
administration of the station, a considerable amount of training, and
the operation of the combat units at the station, has entirely too much
to do. A change, no doubt, will be made.
In the Air Foree the Higher Command has indestrinated
personnel with the idea that periodic leave of absence is a vested right
and that they are privileged to take this leave of absence when they
feel the occasion for it, and they do grant leave of absence when we
would not think of it.
No had unusual opportunities to check on the morale of
the British armed forces. We found them to have extremely high morals

and to be full of confidence. They recognize the situation and the very
difficult tasks before them but they are supremely confident that they
will be able to most them.

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We also learned that the policy is to assign to all
Army and Royal Air Force units immediately they take the field a 15 per
cent initial replacement in mm. This means that these units are, when

they take their position in the line at full strength and not below
strength by reason of sickness, leaves of absence, and so forth.
18. AIR FORCE SUPPLY

One officer in the Royal Air Force is responsible for
all supply. A tactical commander secures his supplies from one source
rather than from many as we have to in our Army, The Air Marshal charged
with the responsibility
(2 of supply procures his supplies from three sources)

(1) From the Ministry of Supply of those things used

in common by all arms and services, such as amountion.

(2) From the Ministry of Aircraft Production for all

aircraft and aviation material.

(3) From the Trade.
These supplies are then turned over to what is called the Maintenance
Command, which is charged with the distribution and maintenance of them.
For this purpose the Maintenance Command has a number of repair depots
and universal storage depots. The Maintenance Command is charged with

the distribution of all supplies except rations. Rations are supplied

by the army system of supply. All supply as far as tactical commanders
are concerned is practically automatic. It must be said that such a systen for the supply of Air Force units is immeasurably superior to that
of our own; the saving in administrative work alone is enormous.
19. AIR RAIDS

During the time we spent in England, the island has been
subjected to a large number of air raids. Some of them were made in considerable force. Most of them prior to August 26 were made during daylight. Since then, however, there have been many night raids. Weather

conditions have been excellent. Visibility and ceiling have been -

limited for a great portion of the time. A large number of bombs, both
high explosive and incendiary, have been dropped. In most cases the
German bomber formations have been intercepted by British fighters and

have suffered severe losses. Practically all bombing raids during daylight hours have been accompanied by strong pursuit protection, and the
loss of their pursuit protection has been heavy. The reasons why the
Germans have suffered such severe relative losses are easy to determine.

They are (1) the comparatively large volume of fire that can be delivered
from British fighters; (2) the very poor rear hemisphere gun defense
of the German bombers; (3) the employment by the Germans of diver

bombing tactics; (4) the use by the Germans of large inflexible formations,

and (5) poor air discipline. The British operational officers with

whom we have discussed this situation state that as a rule the Germans,

as individuals, especially pilots, are very well trained. A criticism
that they have to offer on the German training is that they believe

they have not been sufficiently trained in navigating at night.
While the military results of these raids have been comparatively small, the best military minds in England are endeavoring to
determine the purpose of the raids. The best probable answer is that it

is a combination of harrassment, training, attrition of British fighters
and material destruction, particularly of those installations which might
contribute to the success of the British air effort.
20. AIR TACTICS.

It is the general opinion among fighter pilots that because
of the difference in maneuverability the two-engined fighter is not a
Batch for the Migile-engined fighter in individual combat. As a result

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usual arrangement is to have the too-engined fighters work with
the single-emgined fighters. One mothed of a combined attack is to

to the two-angined fighters got below the hostile formation, and

have single-ergined fighters get above. In analysing methods of attack
the # should be appreciated that the Defiant cannot fire below the horiscotal while flying level.
The British have found by experience that the six-ship
formation of bombers is the largost that can bemnouvered satisfactorily
and they consider maneuverability of a formation to be of great import

mos. They are also of the opinion that it is large enough to take

full advantage of cooperative fire. Their present method is to employ

as a rule six-ship formations for daylight attacks, although formations
of three Hienhaim do make frequent attacks against the German air

installations just across the Channel. The British feel that the sixship formation, if the bembers have sufficient defensive guns and a
reasonable amount of protective armor, can reach its objective during
daylight hours without serious lesses. The British, however, are now
using their heavy bombers mostly during the hours of darkness they

are securing fair results and by night operations are reducing their

lesses. At the present time they have not enough equipment or enough
trained combat crows to take unnecessary risks. In this connection

it should be appreciated that the objectives selected by the British
are selected for their morale as well as for their physical value.
It was noted that both the Germans and the British

take full advantage of cloud cover in their air operations.
The British make a careful study of the objectives they
plan to attack. As a rule, they have, for obvious reasons, been
attacking gasoline storage tanks, gasoline producing plants, large
railway concentrations, numitions factories, German shipping, assembled
lots of small boats which might be used for invasion, hostile airdromes

and other well selected targets. They do not attack anything but mili-

tary objectives. Each combat crew always is given two areas, each of
which contains a primary and a secondary objective. The two areas are
given because of the impossibility of forecasting very far ahead the

weather conditions. They are instructed that if they cannot attack any
of these objectives because of weather or other conditions to bring
their bombs home.

We have greatly exaggerated the value of air attacks on
airdrones occupied by an alert air force. The damage done to British

airdreas has not been serious nor was it worth the cost. The best
examples to date are Malta and Stavanger.
21. BOMBS.

The British in addition to the general purpose bomb have

a and an armor-piercing bomb. When questioned as to
the value of the armor-piercing bomb the statement was made that they
have not had enough experience against German warships to determine its
value. The Naval Air Attache in London had an opportunity to examine
many British shipe that have been damaged by aircraft blabe. Ho reports

that be has arrived at the following conclusions; That the mining effect
of the Berial bomb has been greatly exaggerated; that the fragmentation
effect of a bomb striking the water and exploding near the surface does
real damage and has been greatly minimised in the past; that hits on the
deck with practically instantaneous fuses do agrees amount of damage.
Ris general conclusion is that the most valuable boab against ships is
a bomb which will carry the maximum amount of explosive, which will
have a case thick enough to provide substantial fragments, and which
has a fune with a delay of from one-sightieth to one-hundredth of a

second. It is also to be noted that such a bomb would be ideal for the
attack of structures, the roofs of which san be penetrated by this type

of bomb.

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It is highly probable that in total destruction incondiary bombs have been responsible for greater losses than have high

explosive bombs. This in spite of the fact that most of the construs-

tion in England is of mascury. Against wooden construction, such as
we have in this country, incendiary bombs used in accordance with the
German tactics would undoubtedly have a terrific effect.
22. COMMAND POSTS.

We had opportunity to visit several operation and control

rooms. They ranged from the Cabinet Operation Room down to a station
operating room. They occupy a large amount of space and require a
large mount of personnel. However, they do present to a commander a
clear and simple picture of the situation at any moment and, in a
modern war where time is of the essence, we feel that the creation of
suitable command posts, including operation rooms, in the United States
in time of peace is necessary. Many are under ground. The design,
construction and organisation of these command posts have covered a period

of years. There is much that we can learn from them. The Military

Attache has made detailed reports of some of them, such as the very
complicated one of the Fighter Comand. The secret of the success of
the operations is rapid, reliable and accurate channels of commu-

cations. The British have installed a very elaborate system of -

nications, consisting of the telephone, the teletypewriter and the
radio. This system of communications must have been extremely expen-

sive and required years, but it is the franework upon which the de-

fenses of Britain are built. If England successfully resists an invasion it will be because of this communication system. The fact that
an airplane can be picked up by a radio watchman and its position,

direction of flight, and so forth reported to a fighter station in a

matter of seconds is illustrative of the care with which this system
has been designed and of its value.

23. The following are brief comments on the Fighter Command, the
Bomber Command, the Constal Command, the Balloon Command, the Antisircraft
Command, the Searchlight Command, the Air Raids Precaution Service, the

Observer Corps. Full details of these organisations have been reported
by the Military Attache.
a. Fighter Command. The following tabulation shows

the fighter strength of the Royal Air Force in England at the present
time in squadrons:

Spitfire - 33

Hurricane - 19

Blenheim - 8
Defiant - 2
Gladiator - 2
of the above 3 are included in the operational training units and 1 in
the non-operating units. The British squadron strength in fighters
is as follows:

12 in the first line or ready for
operations.
6 in immediate reserve.

4 in command reserve. The use of this last
four is restricted to emergencies or
approval by group commander.

In England all purely defensive means against air
attacks are, as they should be, under one command, the Fighter Command.

This organisation is a model for us to follow. It is beautifully organised
and operates most effectively. In the Continental United States it is

believed that four Fighter Commands should be organised in our four great
strategic areas.

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b.

Bember Command. On the 27th of August a visit was
paid to the Bomber Command, which consists of the following:
36 operational equadrons
6 non-operational squadrons
11 Operational Training Units.

It is to be noted that the Operational Training Units are used to the

utmost for training crows for the operational equadrons. The output of
the operational training units which are not immediately needed for
operational aquadrons, are put in reserve squadrons where full operational
training is maintained until such time as replacements are required for

the operational units. The operational units are divided up into five
groups each of which have the same equipment throughout, each group

consisting of from four to eleven operational squadrons. The number of
groups shortly will be increased to six.
It is to be noted that there was a marked shortage
serviceable equipment in some squadrons of the operational forces, one
squadron being reduced to two serviceable planes. Others had as high as

of

seventeen serviceable planes. It is doubtful whether in the latter part
of August the Bomber Command could actually operate as many as 300

bombing planes. According to Lord Beaverbrook this situation will be
very greatly improved in the near future.

e. Coastal Comand. The primary functions of the

Coastal Comand are the air protection of convoys along the coast of

Great Britain, and the operation of patrols to determine the location

of enery surface and submarine forces and their attack when practicable,
to furnish the necessary seaward reconniissance for the defense of Britain
and the check on the location and operation of British surface and sub-

marine forces. It is intimately connected with the Navy, with the Fighter

Command, and to a certain extent with the Bomber Command. Outside of its
min functions of providing warning against invasion, escorting convoys
and locating and attacking enemy submarines, and certain miscellaneous
duties in connection with minefields and photography, its squadrons are
used for attacks against hostile ports and shipping.

d. Balloon Command. Under the Fighter Command comes
Balloon Command. This Command handles all barrage balloons in England
except a small number that are being experimented with by the Navy in
connection with the protection of convoys against dive bombing. The number
the

of balloons, their ltitude and the hours for change from one altitude

to another are determined primarily by Fighter Command requirements with
a constant flow of information from the Balloon Command Headquarters to
the Bomber Command, the Coastal Command, and the Navy. It seemed to be

the consensus that the barrage balloon system acted as a very useful
deterrent against low altitude bombing operations in those places protected
by a balloon barrage. In the bombing operations on August 16 at Kenley,
it was noted that all bombs dropped were at least half a mile south of
the southern line of barrage balloons protecting South London. Similarly,
during the rather intensive raiding during the period August 21 to August
30, fully 90 per cent of the bombs were dropped east and north of the

balloon barrage protecting London. It is to be noted that barrage balloons

do not offer an immunity from bombing, particularly high altitude bombing,

but they do not constitute a very marked deterrent against low altitude or

dive bombing. We recommended that $5,000,000 be made available immediately

for the development and test of barrage balloons, cables, carriers, and

accessories.

We observed a large number of barrage balloons
around the important cities. The maximum altitude to which these balloons
can go at present is about 6,000 feet. The Comsander-in-Chief, Bomber
Command, informed us that the German barrage balloons can go up as high

as 14,000 feet but use lighter cables. One of the officers at the

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Fighter Command informed us that the British would probably do the same

thing. In this connection we had an opportunity to see the installation
of the cable outters on Hampden bombers. We were informed that this cable

outter, while not as satisfactory as it should be does actually out

balloon cables and does contribute a great deal to the morale and safety
of bombing crows which must attack German installations protected by
barrage balloons when weather conditions require low altitude bombing.
They have and still do make such attacks and have out a number of balloon
barrage cables. The Hampden bomber that we saw had six of these, three
on each wing. It was stated that although they weight quite a good deal

and project in front of the leading edge five or six inches they do
not materially affect the performance of the airplane. One worry they
have in this connection is that the present type of cable cutter cannot
be used in conjunction with the boot type of de-icer.

2. ANTI-ATRCRAFT COMMAND. The Anti-aircraft Command
has headquarters adjoining the Fighter Command Headquarters and is under

the operational control of the Fighter Command. It consists of six

regiments which are part of the army artillary. The Commanding General

of the Anti-aircraft Artillery Comand, General Pile, advocates 40 per

cent of heavy gins and 60 per cent of light guns or automatic weapons

such as the 40 - and the 37 - or the .50 caliber machine gun, in each
tactical unit. General Pile expressed himself quite exphatically that
in his opinion, the .30 caliber machine gun was utterly useless for
anti-aircraft work for the reason that it had neither the hitting power
nor the rate of fire that is necessary.
&. SEARCHLIGHT COMMAND. The Searchlight Command,

which consists of many thousands of searchlights, is under the operational
control of the Anti-aircraft Command.
g. AIR RAID PRECRUTION SERVICE. The Air Raid Pre-

caution Service is beautifully organised and is performing a most valuable

service. It is under the operational control of the Fighter Command.

Its organisation has been reported on by the Military Attache. We should
adopt it to our requirements without delay as the creation and equipping
of a force of the sise we require will take many months.
h. OBSERVER CORPS. The Observer Corps is also well

organised and is performing a most useful service. It is under the
control of the Fighter Command and is a model for us to follow. It is further
discussed on page 21
24. ARMY COMMANDS.

All Army Forces in England are grouped for operations
under the Commander-in-Chief, Home Forces. The Home Forces are divided

into a number of comands, of which the only ones visited were the

Southern Command and the Eastern Command. The Southern Command oon-

sisted of the 7th Corps and the 12th Corps. The Commanding General of
the 7th Corps was General McNaughton, a Canadian who had a fine record

in the last war and who has developed as very such of a leader in the
present war. He has very decided ideas as to organisation and equip-

next which have been more or less in conflict with the ideas of the

War Ministry but which have received the concurrence of most Commanders

of ground forces. General McNaughton expressed himself quite esphatically

that as the result of his experience in the last war and in the present

war, the Corps should consist of the minimum of three divisions, each
with the strength of about 15,000, and each infantry brigade should have

four battalions instead of three. He insists that all replecements must
come into divisions fully trained in an infentry training center and
fed in from holding battalions in which they have been trained in
battalion operations. This insistance on receiving fully trained mm
rather than attempting to train them in divisions was found to be

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general throughout England. It is generally accepted that a division

cannot carry on basic training for replacements and at the same time
keep up the standard that has been found necessary for the efficient

performance of field duties. The brief visit paid to the Canadian
Corps indicates a very high state of efficiency on the part of both
officers and mm. The latter are well set up, clean, intelligent, and
apparently know their job thoroughly. They are working hard and show

the results of such work. A better appearing body of - would be hard

to find any place. The Canadian Corps have developed a system of
adapters shereby all machine give and light automatic weapons are given

adapters so that they can be used for either horisontal or vertical
fire. Working bearings of these adapters were obtained and given to

the Military Attache with instructions that they be furnished 0-2.

This system of having all automatic weapons capable of antiaircraft
fire has put a very definite stop to the German dive-bombing tactics
insofar as EngLand is concerned. Other matters noted in this visit
to the 7th Corps will be found under paragraphs headed Engineers and
Anti-tank defense.

The 12th Corps, under command of Lieutenant General Thorne,
is charged with the defense of southeast England, and we were given the
opportunity to make a tour with General Thorne over his area and examine
the defense system prepared to meet a possible invasion. The tour
covered the general area of Tumbridge Wells, Canterbury, Sheerness,
Margate, Ranagate, Dover, Deal, Dungeness and Winchelsea. The entire
area is covered by three lines, consisting of a beach defense, a corps
line with highly organised strong points, and a G.H.Q. line, the neces-

sary switch lines being laid out. The area is well grided, with nodal

points strongly organised for defense, and in these defensive features

concealment is strongly emphasised. It is to be noted that the original

work frantically put in immediately after Dunkirk, contained many inproperly sited strong points and works, which have been left as they
were, very largely as bait, because they certainly must show up well in
aerial photographs. The outstanding feature of this defense system
which is based essentially on holding beach defenses, consists in having
highly mobile, fully motorised reserves available under O.H.Q. Corps
and Divisions, to be thrown immediately into any sector attacked. The
system being very much the same as our normal fire protection system

in cities, with a prompt shifting of apparatus from one station to

another in the event of a fire. While the 12th Corps has an enormous
front and at present an inadequate member of divisions, it has at its
disposal the troops of the 7th Corps in the event of an emergency.

It is understood that a number of additional divisions will be put in
the 12th Corps by the middle of October. It is to be noted that the

Commanding Generals of both the 7th and the 12th Corps are quite insistent

upon maintaining noter transportation so that their reserves are fully

motorised and can be thrown from one station to another in a minimum of

time. At every modal point and at practically every read intersection

obstacles and road blooks have been established so that they can quickly

be put into effect. It is further to be noted that the Local Defense

Volunteers in such regions and districts which go to make up the Southern
Command are at the disposal of Corps Commanders in the event of an
emergency, thus freeing combat personnel to-a very high degree for service

in connection with the beach defenses or on the divisional defense lines.

For the organisation of the defenses in this area the engineers of the

7th Corps were used for two months and a half in addition to the engineers
of the 12th Corps.

25. ARMORED DIVISIONS.

Both the First and Second Armored Divisions were visited
and in both of them demonstrations were put on to show their tactics.

While the visit to the First Armored Division, with its demonstration,
might have been staged for our benefit, the demonstration in the Second

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Arnored Division was at a surprise visit in company with the Secretary
of State for War, Mr. Eden, and obviously was unannounced to the Divigiou Commander prior to the arrival of Mr. Eden. Generally speaking,
these Armored Divisions are divided into four corps. The scouting force
consists of light "wheeled" tanks which correspond to our scout cara
but which have neither the speed, arsament, nor manouverability of our
accut cars. They are accompanied by a large number of motorcycles,
most of which are armed with towny guns. The machine gun carriers
which form an integral part of the scout force brigado each have one

Boye gun for horisontal fire, but the rate of fire was cifticised as

inadaquate to meet requirements. Both the machine gun carriers and the

scous cora have very limited areas-country ability It is to be noted,

however, that all .30 caliber machine guns were capable of vertical as
well as horisontal fire. The preference was very generally expressed

for .50 caliber machine guns in place of the .30 caliber.

The striking force of the Armored Division consists of
one brigade armed primarily with cruisor tanks which have been reported
upon by the Military Attache, and which seem to be an eminently satisfactory vehicle, although two or three tank commanders who served in
France believe that they should be more heavily armored, particularly
around the engine.

The third brigade of the Armored Division which is
the support force, donsists of only two battalions of infantry. The need

of a third battalion, more heavily armed in machine guns, anti-tank guns
and mortars was indicated. The Division Headquarters under which are
grouped the engineers, the signal troops, the supply echelon and the

artillery, appeared to be quite as mobile as the other brigades, but a
marked preference was expressed for the 25-pounder gun of which they had
only one battalion, as against the 18-pounder gun of which they had two
battalions and with which they had been armed in France. Greater flext-

bility, greater fire power and higher trajectory of the 25-pounder were
apparently the chief factors leading to the preference for this gun.

In regard to tank tactics, on four separate training

problems it was noted that the light tanks and the cruiser tanks both
operated as platoon units, usually separated by a distance varying from
400 to a thousand yards, with platoon formation in schelon either to

right or left, and with a platoon mission of breaking through the objectivo and then immediately circling back, either by platoon or individual

tanks, to mop up anti-tank weapons that had been located during the
advance. Smoke was employed in practically all attacks. It was noted that
the radio equipment was built into a tank and not makeshift devices subsequently installed. Radio communication means seemed to be eminently satisfactory. Tank commanders were almost a unit in expressing an opinion that

the armor on light tanks should not be less than 50 millimeters in thick-

ness and on medium tanks not less than 70 millimeters in thickness.
26. TRAINING CENTERS.

Officers. A visit was paid to the officers' training center

at Sandhurst. This course consists of four months and is supposed to be
adequate to indoctrinate newly appointed officers for the performance
of their duties as platoon commanders. The instruction except insofar as

driving of motor vehicles, that is motorcycle, passenger car and truck
which is compulsory for all officers below the grade of brigadier general,
was entirely theoretical, was done by antiquated methods except insofar
as the use of the sand table for minor tactica was concerned, and appeared

to be utterly devoid of any useful results insofar as training a platoon
leader is concerned. It was the most inefficient and the most useless
thing that was seen in England.

Infantry Training Center. A detailed inspection was made
of the activities of the Infantry Training Center run by the Depot Battalion of the Queen's Royal Rifles at Guildord. The course consists of
sixteen weeks intensive training in which each individual receives an
extremely thorough and apparently an extremely efficient training in the

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both as one

the automatic rifle, the .30 caliber machine gun, the Boye anti-tank
rifle, infantry mortar, and in hand and rifle grenades. The amounts of

have been upon

weapons, ammunition, gun, the sub-caliber reported and by service the Military fired Attache. in each The of greatest these

exphasis is placed on physical training and on hardening the recruits.
work on the average of from eight to twelve hours a day, which includes
They minimum of four hours'nigh operations per week. The man were clean,
&

alert, apparently in magnificent physical shape and showed clearly, parti-

cularly the advanced platoons, the result of their intensive training.
Actual instruction in each particular subject was given either by a noncommissioned officer, a retired officer, or a civilian who was an expert
in his own particular line. They were all up on their toes and worked
with the greatest enthusiasm and push. The course was devoted entirely

to training, all administrative, supply, fatigue and guard work was done

by permanent personnel, none of it by the trainees. This course and
schedules pertaining thereto have been furnished by the Military Attache.
Serious consideration should be given to this system in the United States

for the reason that it produces astonishing results in a very short time.
The sen turned out are trained soldiers and not recruits.
Engineers. The Commanding General of the 7th Corps stated

very forcibly that his own experience in France indicated the vital neces-

sity of increased strength in engineers which he deems essential for road
blocks, for exploding bombs, for making road repairs and for demolitions.
He is now working to a strength in the Candidan Corps of 5,859 engineers
for a two division Corps, and 6,759 engineers for a three division Corps.
This gives an engineer strength of approximately 14.6 per cent.
An inspection was made of the Engineer Training Center at
Cambridge. The outstanding feature of this inspection was an exhibition

of the construction of four types of a tubular steel bridge known as the
Inglis Bridge. The normal type is a two-way bridge, capable of handling

34 tons on a 90-foot span. Other types are variations of this basic type

but are made out of standard links of tubular steel and are capable of

extremely rapid construction. On one test, with four gangs of apprexi-

sately 16 man each working on the bridge, it progressed at a rate of

approximately 7-1/2 feet per minute. The material is simple, it is easy
to produce and appears to be most effective. A full report, as to cost,

production problems, weight, transportation loads, etc., should be
required of the Military Attache in London.
27. BEACH DEFENSES.

In the defense of England, the British Army is committed
to the principle of meeting the enemy at the beach and there defeating

it. To this end, at every practicable landing beach in England there

has been constructed obstacles of concrete, of railroad iron and of
barbed wire, all covered with machine gun fire which have to be surmounted before an enemy could get a too hold. Back of these beaches but

still within field of fire of small arms, are machine gun nests and in some
cases concrete strong points that would make a landing an extremely costly
effort. In the Southern Command, at varying distances back of the beach,

are a series of strong points to serve as centers of resistance until mobile
forces held on the Division or G.H.Q. lines in rear can be brought up to
reinforce the local defenders and drive the attempted landing back into
the sea. The types of obstacles, some of which are new in character,

appear to be very well suited for the particular type of terrain which is
found on these beaches. They are designed tormeet a local situation and
in consequence will not be described in detail. These beach defenses
represent an immense amount of intelligent engineering effort and form an
accomplishment that is worthy of very high praise.
28. ANTI-TANK DEFENSE.

The British, in preparation for the defense of England
against landing attacks, have devoted considerable attention to anti-tank
defense. They have provided obstacles on all important roads which are

designed to delay an advancing force and subject it to anti-tank gun fire.

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In addition to anti-tank guns that are specifically assigned to particular
localities for anti-tank defense, each British battalion is now working
toward 12 anti-tank guns per battalion. Where possible, British desire
the 47 - anti-tank gun which they consider the lightest gun capable of
anti-tank defense. The present British anti-tank gun is considered unsatisfactory on account of lack of hitting power and on account of excessive
weight. British Line Officers claim that a maximum traverse of 30 degrees

is all that is ever required, and a 360 degree traverse for anti-tank guns

is an absurdity. They do desire and in some cases have an adapter to

permit the use of the anti-tank gun for anti-aircraft fire. It is very

questionable whether any effective results can be obtained by this system.
The Engineers of the Canadian Divisions have devised a tank
defense system which is apparently remarkably effective. It has been
put into effect throughout the area covered by the 7th and 12th Corps
and is worthy of serious consideration. The engineers are very well
equipped with various types of machines such as concrete mixers, post
hole diggers, road machines, bull-dosers, cranes, well-drilling machines,

etc. In digging a tank trap, a well-drilling machine forces a 50-foot,

2-1/2 inch pipe diagonally into the ground at an angel of about one on

five to one on eight, depending upon the soil. These pipes are put in overlapping at about 15 foot intervals. When in, they are filled with
explosives at the rate of about 2-1/2 pounds per lineal foot of pipe.

They are then tamped with water and exploded. The result is a ditch
about 12 feet in depth and about 20 feet in width with very spongy soil

at the sides and bottom. Actual tests show that this is far more

effective than the hand or machine dug ditch with reveted sides because

& track vehicle getting in the ditch, churning up the spongy soil,
buries itself and is unable to get out. This system, devised by Canadian engineers, is very much more rapid than the construction of the
conventional form of tank trap.
29. ANTI-AIRCRAFT DEFENSE.

Great attention has been paid by the British to the
subject of anti-aircraft defense and they have made very considerable

progress in this respect. Every important industrial installation,

every air field, and every important command post is given some measure

of anti-aircraft defense. This consists, generally speaking, of about
40 per cent heavy guns and about 60 per cent light. The British are

leaning very strongly to the 3.7 and the 4.7 anti-aircraft gun in order
to get bursts at high altitudes. They are definitely of the opinion
that the 3-inch anti-aircraft gun is so ineffective that no more should

be procured. As to lighter weapons they look upon the .30 caliber
machine gun as extremely ineffective except against very low flying
bombers. They very strongly favor the .50 caliber machine gun with is a

high rate of fire, approximately 1,000 per minute. The 20 - gun

very favorably considered and is reported to be extremely effective
against low flying aircraft. The 40 mm gun has done a great deal of

damage against low flying aircraft but its rate of fire is held to be
totally inadequate. Searchlights were very extensively used in con-

nection with antiaircraft defense at night up until September 11,
thereafter it was very unusual to see a searchlight at all, and the in
consensus seemed to be that searchlights did more harm than good that

guiding an enemy to an objective and illuminating a target so

antiaircraft guns could fire on the target. After September 11

antiaircraft guns were used effectively without searchlights by means

of the R.D.F. instruments which will be referred to in the succeeding
paragraph. About this time the British devised the system of an
aerial barrage by means of antiaircraft fire. This barrage was apparently more successful in interferring with bombing attacks. In this

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connection, British practice indicates a marked trend toward six and

right pm batteries instead of four gun batteries. We also learned that

the lack of antisircraft equipment in Normay prevented the British from
completing the airdrenss they hoped to occupy. This to one reason for
the failure of that undertaking.

Observer Corps. In connection with antiaircraft defense,
the Observer Corps plays an important part as all reports coming in from
the Observer Corps to the Fighter Commend are also relayed to the Antiaircraft Command. The Observer Corps consists of volunteers not of military
age who offer the country very thoroughly in much the same manner as our

observers for the anti-aircraft command, but who are provided with a separate telephone net insofar as information centers are concerned. Lines

into the information centers usually are normal civilian lines which are
employed either by individual observers or by groups of such observers.
from information centers into section headquarters and to the commands,
are run direct lines which do not go through any civil board. The observers work in four hour shifts and are now paid on the basis of twenty hours
service per week. Telephones are alletted on the basis of one telephone
for each post of three observers. The system appears to work with remarkable efficiency in day time, very few unobserved planes getting in. The
work of the observers of course is supplemented by the radio direction (4.4)
finders which function under the antisircraft Command. The long distance

R.D.F. stations only provide information to seaward. After the hostile
airplanes cross the shore line they are tracked by the Observer Corps.
30. RADIO DIRECTION FINDERS.

The Chief of Staff was informed by cable as to our observations upon the British R.D.F. system. The undersigned saw in opera-

tion the O.L. set, the C.H. set and the C.H.L. set. Due to shortage of
time we did not see the fourth set, that is the air-to-air set which
appears to be vital to our G.H.Q. Air Force. We have been given to
understand that complete data on these four sats are in the hands of the

Chief Signal officer. It is to be noted, however, that the G.L. set for

compartness, for lightness, and for efficiency is markedly superior to
our short-range detector. The C.H. set, which corresponds to our longrange detector, appears to be more efficient except in the matter of tubes.

Its operation is simple and highly effective. The C.H.L. set, which is

primarily for coast defense purposes and functions to cover a sea area,

appears to be extremely defficient. In all three sats the oscilloscope
appears to be much more flexible, much clearer of definition and much
easier on the eyes of the observer than our own type. If steps have
not already been taken to this and, it is urgently recommended that a
competent Signal Corps officer be sent to England with the primary duty

of observing not only the operation of these sets but studying their
construction in order that we acy have the benefit of British experience.
In this connection, the British type of aerial appears to be far simpler
and such more effective than our own type. It is also to be noted that
the radio watchman give approximate numbers and altitudes.
31. COMMUNICATIONS.

As has been indicated heretofore the British place great

weight upon signal communications. In most cases they have two or three
means of communication so that no matter what happens to one they can
always be in touch with other headquarters and with abbertinate elements
in each command. The British loan very strongly to the telephone, usually
by neens of separate wires that do not go through civil writchboards.
This is supplemented by rather extensive use of teletype machines, as many
as 50 being in one headquarters, and in addition to these two means a

large member of radio sets are provided, and incidentally the British radio
sote, from a military standpoint, are distinctly superior to our own in
range, in weight and in portability. In this connection, the sats must

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designed and built into the machine and not added afternants as an
be additional gudget. This results in much better reception than is the
case for instance in our tasks and accust care in the United States.
32. THE STRATEGICAL STUDATION

The strategical consept of the war and the general terms

of plans for the future conduct of the war were discussed in detail with

the Chiefs of Staff of the three armed services and with the Vice Chiefs
of staff of the three services. This was supplemented by detailed digo
cuscions with the War Plans officers of the Army and the Reyal Air Foree.
Certain documentation that was furnished us in this respect was given
with the distinct understanding that it would not be embodied in any

report but was solely for the information of the Chief of Staff and the

President, and that after the papers had been presented separately to
the Chief of Staff and the President they must be destroyed. The under
signed gave our assurances to this effect.
On September 2, Mr. Churchill asked the undersigned to
convey to the President the following statement of his urgent needs
(1) Expediting the manufacture and shipment of machine

tools already under order, it being vital to British production
that these tools, particularly capstans and millers, be furnished
with the least practicable delay.
(2) Flying boats (Spedish contract) which are essential
to combating the present submarine menace. In addition to those,
Mr. Churchill desires 50 PBY's over and above those that are now
on order. They are needed at once

(3) Motor torpedo boats. Twenty of those are urgently
needed for policing the channel in the event of an attempted German
invasion in order to combat the German E-boats.

(4) Rifles. Mr. Churchill stated that he feels the
urgent need for every possible rifle that we can spare over and
above the 275,000 Lee-Enfields which had not been shipped by that
date.

(5) Anything that can be done to expedite the manufas-

ture and delivery of airplanes now on contract would be a distinct
contribution to meeting the serious shortage of combat planes which

now exists.

(6) 16-inch C.D. guns. Mr. Churchill expressed himself
as urgently desiring two (2) coast defense guns of a range of approx
instely 45,000 yards for counter battery work against the German
big gun installations opposite Bever.

(7) As many pilete, trained by the Army and Navy, as will
volunteer. Mrs Churchill stated that he would provide any Army or
Navy pilot, on a leave of absence status for a few months, a wonderful training by giving them actual combat experience.

On September 16, in the course of a farewell call, Lord Beaver

break stated that he desired the President to know that he was very much
concerned over the action of the Stinson aviation people on the order for
100 0-74 light observation airplanes. On July 6 the British Government
requested a diversion of 100 planos ordered by the United States Army in
order that they might receive the first hundred manufactured to most their

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requirements. On August 14, the best date the British Government could
obtain from the Stinson factory, ran from January 10 to May 24, 1941.
Later the January 10th delivery date was arbitrarily changed by the fas-

tory to August 1941, thus setting back balance of the deliveries. At
the same time the British Purchasing Conclusion was told by the Stinson

fastory that deliveries could start on those airplanes in March 1942
provided the British Government pay $5,000 more per plane. Lord
Beaverbrook looks upon this price increase and juggling of dates as

extertion and states further that the delivery dates proposed are
not in relation to the extertion prices asked. Lord Beaverbreak
desires the intervention of this Government in effecting a realleen
tion of this type of aircraft which would serve British Government
requirements.

At this meeting Lord Beaverbrook requested further
that 32 B-17 Beeing bombers be placed at the disposition of the
British Government at once in order that long-range bembing of
Germany may continue through the winter. He intimated that comversations had already taken place with the President on this

subject. Lord Beaverbreek further requested that at the earliest

possible date six complete turbo superchargers, with spares, be

turned over to Great Britain for tests, it being proposed to put

two on a two-engine bomber, two on a fighter, and two on other

type of aircraft that was not designated. The Ministry of Air
craft Production desires that these superchargers be released at

the earliest practicable date. These requests of Mr. Churchill and

Lord Beaverbrook are submitted for transmission to the President
in accordance with their request.
33. CONCLUSIONS.

a. Insefar as the defense of England is concerned, it
has been for some months, is now, and probably will be for some time

to come, an air war. It is very probable that we too will be con-

fronted with a similar air war phase in the event that we become
engaged in war. The lessen from this war, as far as we are concerned,
is that we must build up the striking component of our Air Force as
quickly as possible.

A. We both have the very definite feeling that seener
or later the United States will be drawn into this war. A study
should be initiated immediately as to how we best can build up our

air striking force and our air defense force in the shortest practicable time. The acquisition by the United States of bases inIt this

hemisphere has made a very definite change in our situation.
may mean a revision of our requirements and to this end it is
recomended that the Air Board be reconvened to make this study and
to make recommendations as to how to build up an adequate Air Force in
the shortest possible time.
go

During this tour we had an opportunity to examine,
as few people have, the preparations that a great nation has made

for war that involves national existence. In addition, we had a

chance to get a perspective of our own War Department and to make

- 23 -

CONFIDENTIAL

CONFIDENTIAL

a comparison with that of the British. It is quite obvious that
the British in some respects are markedly more advanted than we
are. Our cumbersome procedure is the War Department is too well
known to bear comment. We approciate that no changes can be

made at this late hour which will upset current planning and

operations, but it is believed that the simplification of administration, precurement and planning is highly desirable.

1. The outstanding lessons of the war for us appear to
be as follows:

(1) Our air program must be radically revised.
Observation aviation as a type must be scrapped. It

cannot function under modern battle conditions. In its
place must be a fast, well-armed light bonder, capable
of carrying an adequate bemb lead and fitted with means
for aerial photography and de-ising equipment. The fire
power of our pursuit and bombers must be increased. Bemb
bays must be provided for handling the maximum number of

bombs of all sises that an airplane can carry.

(2) Antiaireraft guns, heavy and light, must
be provided for all bases, air fields, vital installations and mobile column. Such armement must be capable

of horisental fire against ground targets. Ground machine

guns must be furnished adapters for anti-aircraft fire.
(3) A higher proportion of engineer troops must
be made available for mobile forces for repairs to land-

ing fields and roads, for executing demolitions, for the

construction of defense works, and for making anti-tank
obstacles.

(4) Dependable multiple means of communications
must be furnished all echelons.

(5) More effective combined training between
air, ground and naval forces must be established as a
routine matter.

(6) More rigerous physical and disciplinary
training must be given both commissioned and enlisted

personnel. A high state of physical training is necessary for modern operations.

- 24 -

CONFIDENTIAL

198

CONFIDENTIAL

(7) A high degree of tactical indoctrination
of

officers, and . correspondingly increased local docen-

tralisation of responsibility for subordinate commandere

is strongly indicated.

(8) There is a marked need for more effective
and rapid radio communication in code.

(9) A marked increase in anti-tank defensive
power in Divisions is necessary.

(10) The quantity, equipment and method of util=
isation of communication troops meet be thoroughly revised
and expanded.

(11) The using service rather than a supply agency
must have final determination of types and specifications
of equipment to be used by that service. The determination
of those matters by a supply agency is unsound.

GEO. V. STRONG,

DELOS C. KM

Major General,
Commanding G. H. Q. Air Force.

Brigadier General,

Assistant Chief of Staff.

-25-

CONFIDENTIAL

199

200

OCT 8' 1940

My dear Mr. President:

As a result of the trip which Ed Foley took to San Diego

this past week-end with representatives of the Army and Navy,

and the British Purchasing Mission, I am convinced that it is
imperative that H. R. 10412, which would provide $150,000,000
for the construction of housing for persons engaged in national
defense activities and their families, be enacted at the
earliest possible date.

For example, to illustrate the need, approximately $23,500,000

is required to provide adequate housing facilities for civilians

who will be employed at the Consolidated Aircraft Corporation
plant in San Diego. This sum will enable dwelling units to be
constructed for 6,000 families and for 6,000 bachelor employees
according to estimates made by the Federal Housing Administration.
I understand that Congressman Lanham, Chairman of the
House Committee on Public Buildings and Grounds, is handling the

appropriation as well as the bill and you may wish to speak to
him and the leaders concerning this matter.

Faithfully yours,
(Signed) H. Morgenthau, J1

Secretary of the Treasury

The President
The White House

00 to Mr. Thompson
CLK:LJBat
10-8-40

By Messenger 11:30

To Gen. Watson

201

OCT 8 1940

By dear Mr. President:

I have just learned that the House early this
afternoon adopted the conference report on H.R. 10412,

the national defense housing bill, I wrote you about this

morning. This completes legislative action on the bill.
The House this afternoon also passed and sent to the

Senate a joint resolution appropriating the $150,000,000
authorised by N.B. 10612.

I have been advised that the Senate intends to
complete action on the appropriation before adjournment
this afternoon.

Faithfully yours,

(Signed) H. Morganthan, Jr.

The President,
The White House.

File to Mr. Thompson

By Messenger 4 55

LJB:EHF Jr.ivls - 10/8/40

202

OCT 8' 1940

By dear Mr. President:

I have just learned that the House early this
afternoon adopted the conference report on H.R. 10412,

the national defense housing bill, I wrote you about this
morning. This completes legislative action on the bill.
The House this afternoon also passed and sent to the
Senate a joint resolution appropriating the $150,000,000
authorised by H.R. 10412.

I have been advised that the Senate intends to
complete action on the appropriation before adjournment

this afternoon.

Faithfully yours,
(higned) H. Morgenthau, Jr.

The President,
The White House.

By Messenger

LJB:EHF Jr.ivls - 10/8/40

203

TREASURY DEPARTMENT
INTER-OFFICE COMMUNICATION
DATE October 8, 1940

TO Secretary Morgenthan
FROM E. H. Foley, Jr.

For your information
I have just been informed that the Senate this afternoon
appropriated $150,000,000 to carry out the purposes of the National

Defense Housing Bill for civilian employees. This completes legislative action on the bill and the appropriation. Both measures are now
going to the President for signature.

F.N.7h.

204

October 8, 1940.
MEMORAN DUM

TO: Secretary Morgenthau
FROM: Mr. Gaston

was

You had as your guest at lunch today Mr. Charles Hewitt, Jr.,
the young man whom Edgar Ansel Mowrer mentioned when he called on
you several weeks ago.

Hewitt lived in Munich for some seven years and for about two
years worked under Mowrer as a correspondent of the Chicago Daily
News. His home is in North Tonawanda, a surburb of Buffalo, where

his family runs a newspaper. Since his return from Germany Hewitt
has been interested in developing on his own account evidence of
German "Fifth Column" work in the United States. He told us at
luncheon today that because of the excellent letters he presented to
Bavarians from Dr. Jacob Gould Schurmann and others he had very good
access to persons of many ranks in Bavaria, including men who later
became important Nazis. He thought also that his appearance counted

in his favor, as he is of the blond type that might be considered

German.

His particular object today was to interest you in the possibilities of this Government's making use of the ability and experience
of Albert Grzesinski, who has been in this country since 1937 when

Messersmith cooperated in accomplishing his entry from Canada. This
man was the officer in charge of the demobilisation of the German
army after the last World War, was later successively Chief of the
Prussian Police, Chief of Police of Berlin (in which capacity he visited
the United States on the first voyage of the dirigible Von Hindenburg)
and Controller of the Political Police of Germany from 1923 until

Hitler's access to power in 1933. Hewitt said that G at one time
signed an order for the deportation of Hitler as an undesirable alien
(his nationality was then Austrian) but this order was not executed
because of the timorous character of Chancellor Bruning. Hewitt says
he has been in frequent contact with G, who has extensive files, including dossiers of many important characters and would be of unique
value in assisting our Government because of his knowledge of the
manner in which the various German organizations operate. He had

called G to the attention of the F.B.I., but the only result was that

F.B.I. men at various times had called on G to ask information on

specific cases and individuals. He cited several instances of what

205

-2seemed to him the failure of the F.B.I. to operate effectively on
this problem and said, citing instances, that the German representatives were cynically bold in their operations in this country. While

he didn't think G had a list of German under-cover men in Government
Departments and key industries, he thought that G could be of unique

value in compiling such a list. He said the F.B.I. didn't have

adequate records even on what is publicly known of German operations
in this country.

In conversation with Hewitt afterward he assented vigorously
to a suggestion that G could very profitably be put to work at going
over the records of the McCormack-Dickstein inquiry of several years
ago, which he thought highly important, the Dies Committee hearings,
the files of German language newspapers and other material, and in
suggesting a plan of action to combat the Fifth Column menace in
this country.

As to G's source of income, he told me that he believed G had
some capital and income from his writings, which include a book

called "Inside Germany." He is very confident of G's reliability

and his thorough-going antagonism to the present German regime. He

said G fully intended to become an American citizen, had taken all
the necessary steps and would be an American citizen in about another

year and a half. C's wife, he said, is of English descent and
her name was Daisy Torrance.

Since leaving Germany in 1933 and up until he came to this
country in 1937 G was a member of the Comite Consultatif, attached
to the French Home Ministry, which had charg' of the entry of refugees

into France and their supervision while in Fr. ice. He thought generally that this Government was failing to make use of its most important
asset for counter-espionage, which was the knowledge of the methods
of German espionage possessed by Germans in the United States who are

thoroughly hostile to the Nazi Government.

of

You explained to Hewitt that such a matter as the utilization

G's services was outside the sphere of the Treasury Department but

that within twenty-four hours you thought you would be able to of name work

the who would exercise general direction over this sort would

and man that you thought it would be Francis Biddle. You said you
let him know.

The following addresses are for the record:
Charles Hewitt, Jr.,
Albert Grzesinski,
146 West 79th Street,
New York City.

Telephone: Trafalgar 7-8464

146 East End Avenue,
Telephone: Regent 4-6992

In Washington - c/o John M. Billings,
Dupont 4411.

(Hewitt thinks he made an error in giving you G's New York address.)

206

October 8g 1960.

TO: Secretary Morgenthan
FROM: Mr. Gaston

You had as your guest at lunch today Mr. Charles Hewitt, Jr.,

the young
whom
Edgar Insel Mowrer mentioned when he called on
you
severalman
weeks
age.

Hewitt lived in Munich for some seven years and for about two
years worked under Mourer as a correspondent of the Chicago Daily
News. His home is in North Tonoranda, a surburb of Buffalo, where
his family runa a newspaper. Since his return from Germany Hewitt
has been interested in developing on his our account evidence of
German "Fifth Column work in the United States. He told us at
Incheon today that because of the excellent letters he presented to
Beverians from Dr. Jacob Could Schurmann and others he had very good

- to persons of many ranks in Bavaria, including non who later

became important Masis. He thought also that his appearance counted

in his favor, as he is of the blood type that might be considered

German.

His particular object today was to interest you in the possiMilition of this Government's making use of the ability and experience
of Albert Graminski, abo has been in this country since 1937 when
corporated
inofaccomplishing
his from This
in
charge
the
demobilisation
- was the officer entry of Canada. the German
any after the last World War, was later successively Chief of the

Pressian Police, Chief of Police of Berlin (in which capacity he visited

- the first of the Hindenburg)

theStates
Political
Police
of1923
from
and the Controllerof
United
veyage Germany
dirigible
Von until

Hitler's - to passer in 1933. Howitt said that G at one time

signed - order for the deportation of Hitler as an undesirable alien

- then but this order was not
items
character
of Chancellor
Howitt says
because
be
(dda
nationality
of
the
Austrian)
Bruning.
executed
las been in contact with who has extensive in-

of may storestore and would he of unions
value sinding
dussiers frequent
0, files,
assistingin
- Government
because ofimportant
his knowledge
of the

- in which the various Green organisations operate. He had
called a to the attention of the F.B.I., but the only result was that
P.B.I. - as various time had called on G to ask information on
specific - and individuals. He cited several instances of what

207
2-

seemed to him the failure of the F.B.I. to operate effectively -

this problem and said, eiting instances, that the Getunn represents

tives were anically bold in their operations in this country. While
he didn't think 0 had a list of Gersen under-cover - in Government
Departments and key industries, be thought that G could be of unique

value in compiling such a list. He said the F.B.I. didn't have

adequate records even on what is publicly known of German operations

in this country.

In conversation with Hewitt afterward he assented vigorously
to a suggestion that G could very profitably be put to work at going
over the records of the MeCormack-Dickatein inquiry of several years
ago, which he thought highly important, the Dies Consittee hearings,
the files of German language newspapers and other material, and in
suggesting a plan of action to combat the Fifth Column senace in
this country.

As to G's source of income, he told me that he believed G had
some capital and income from his writings, which include a book

called "Inside Germany." He is very confident of G's reliability

and his thorough-going antagonism to the present German regine. He
said 0 fully intended to become an American citimen, had taken all
the necessary steps and would be an American citisen in about another

year and a half. G's wife, he said, is of English descent and
her name was Daisy Terrance.

Since learing Germany in 1933 and ap until be came to this
country in 1937 G was a member of the Contite Consultatif, attached
to the French Home Ministry, which had charge of the entry of refugees

into France and their supervision while in France. He thought generally that this Government was failing to make use of its most important
asset for counter-espionage, which was the knowledge of the methods
of German espionage possessed by Germans in the United States who are

thoroughly hostile to the Hasi Government.

You explained to Hewitt that such a matter as the utilisation

G's services was outside the sphere of the Treasury Department but
that within twenty-four hours you thought you would be able to name
the man who would exercise general direction over this sort of work
and that you thought it would be Francis Biddle. You said you would

of

let him know.

The following addresses are for the records
Charles Heuitt, Jr.,
Albert Orsesinsid,
146 West 79th Street,
New York City.

Telephone: Trafalger 7-8464

146 East End Avenue,
Telephones Bagent 4-6992

In Washington - a/a John a. Billings,
Depost 4433.

(Hewitt thinks he made - error in giving you O's New York address.)

208

October 8, 1940.

EMORANDUM

COIFIDENTIAL - TO BE DESTROYED

TO: Secretary Morgenthau
FROM: Mr. Gaston

mg

Hewitt talked more freely and with much less hesitation

when he was in my office, confirming my impression of him. I
noted that he bites his finger nails, which is added evidence.
I think though that it might be a good idea to check further with
Edgar Mowrer about him, which I hope to do.

209

October 9, 1940
10:30 a.m.

RE BABY BONDS

Present:

Mr. Bell

Mr. Haas

Mr. Sloan
Mr. Broughton
Mr. Bryan

H.M.Jr:

How much does this booklet cost?

Bryan:

This costs less than a cent apiece.

H.M.Jr:

How many are you getting out?

Bryan:

We would ordinarily use around 500,000.

H.M.Jr:

$500,000?

Bryan:

Oh no, that 18 $50,000.

H.M.Jr:

You mean you get that out for a cent and

Bryan:

oh yes, we do it for a cent and a half.
The cost, Mr. Secretary, is in the preparation

a half?

and then we are using lithography and we are

doing beautiful things at very small cost.

Sloan:

There has never been one yet that has cost

over a cent and a half.

Bryan:

And for every eight assemblies we send out,
we sell $250 worth of bonds.

H.M.Jr:

You credit everything that comes in, don't you?

Bryan:

Sure.

210

2

-

H.M.Jr:

I wonder what if you didn't send anything out?

Bryan:

Well, even --

Bell:
Sloan:

If you stop advertising, your sales go down.
You are not figuring poet office sales, are
you?

Bryan:

Yes. But I will say this, it costs us less
than - it costs about one sixth of one percent
from a mail order standpoint. It costs us
less than half of one percent including the
postage, Mr. Secretary; charged to us as if

H.M.Jr:

we were a commercial organization.
Where is Jefferson?

Bryan:

Well, that 18 just --

H.M.Jr:

Where do you come from, Maine?

Bryan:

Tennessee.

H.M.Jr:

What? I don't believe it. If you are going

to have three people, why not stick Jefferson

in there?
Bryen:

H.M.Jr:

Bryan:

Bell:

Yes, Mr. Secretary, I quite agree with you.
That was just a suggestion for the artist.
Just as soon as you give them Civil Service
status, they go -I think that would be a nice thing.
I was just explaining that we have in mind

E portrait later for Treasury bills of the

denominational basis and we thought probably
Ogden Mills should go on there, because he

was the originator of Treasury bills, but

we went back and picked out Carlyle.
H.M.Jr:

Well, stick old Jefferson in there.

Bryan:

I shall, sir.

211

-3Bell:
H.M.Jr:

How do you like that idea, Mr. Secretary?
Good.

Bryan:

I think it is 80 much better than the other

H.M.Jr:

That is all right.

Bryan:

H.M.Jr:

Bell:
H.M.Jr:

Bell:

idea.

I am sorry I made a bust on the portrait.
If you had got away with that, I never could
have gotten it explained to the President.
Now, Dan, you have got until eleven 'clock.
You cut me out an hour, I see.
Yes. You just tell me what you want, and I
will say yes.
Well, this is the conference on the question

AS to whether we should change the rate on
United States Savings Bonds and if we are
going to change, we ought to know now because

it takes about six weeks to two months to
make the changes and get everything out into

the hands of 16,000 postmasters. We have had
some discussion among ourselves end we have a

table here to show the various rates, if you
want to look at them, but I think this group

feels that we should make no change at the
present time, just go ahead, but that when
we go to Congress and get a change in our debt

limitation, which we certainly will have to do,

we will also get a change of a $10,000 limitation
on savings bonds and put it into your hands as
a discretion, and then we make that limitation,
say, $3,000 instead of $10,000 and maybe at the
same time put out another issue that will
appeal to the larger fellow and the trust
estates and make it a lower rate.

H.M.Jr:

Why do you want to cut them down to three?

Bell:

Well, we think that gets the small investor
and the fellow that we are trying to encourage

212

to save, and how many would you (Sloan) say

Sloan:

that would take care of, in your group now?
Well, we figure there are only about 3% of

the number of people who buy these bonds who

buy more than $5,000 in any one year.
H.M.Jr:
Sloan:

Only 3%

Yes, sir. About 97% of them are people in number of people that buy less than $5,000.

H.M.Jr:

Buy less than $5,000?

Sloan:

Yes, sir.

Bryan:

No, more than $5,000.

Sloen:

And of our regular purchase plan people, 96%
of those people buy less than $1,000 a year.

Bryan:

$37.50 & month.

H.M.Jr:

Now, wait a minute, I'm all mixed up. 97% of
the people buy $5,000 or less?

Sloan:

H.M.Jr:

That is right.
Is that right?

Sloan:

Yes, sir.

H.M.Jr:

97% of the people buy $5,000 or less?
Yes, sir.

Sloan:

H.M.Jr:

In numbers?

Sloan:

Yes, sir.

H.M.Jr:

What is this --

Sloan:

Bell:
Sloan:

96%
of the people who buy on our regular purchase
plan --

That is a monthly basis.

......

buy leas than $1,000 a year.

213

-5Broughton: That is worth considering.
H.M.Jr:

Yes. So you would cut it down to $5,000?

Sloan:

What we understood was that we would get full

freedom of action so that you could change it
decided that you wanted to hold it down to a
figure below what it has been running, if the
sales got away from us again, we could cut it

at any time at will, but that if it was still

down to $3,000 in any one year and you can
limit it to a total maybe of 30 after January 1
of next year.

H.M.Jr:

One reason why I am willing to stall on the
thing is that this National Defense Program
is really getting going, and you don't know
what it is going to do to the money market

and it might be the height of stupidity to

do it just now. What do you think, George?
Heart:

I agree with you. I think, Mr. Secretary,
that the type of investor you need in here
is not the general market type of investor.

You have to compete with building and loan
associations and even banks give preference

to small deposits, higher interest rates,
the Mutual Savings Bank. So I think the
way to meet this situation 18 not to cut the
rate at this time. I agree with you that you
don't know what the future rate is going to
be, but out the amount and then you have not
only the Defense Program going into R high

level of business activity, you want to do
everything you can to keep the Government
securities out of banks so that they will not

increase deposits any more, 80 Dan's suggestion
about putting out another series and maybe have

a top on that of $25,000 or $50,000 there, but

price it more nearly the market, 18 all right.

Bell:

That is something we have plenty of time to
consider and have it ready if we get the

legislation.
Okay, let her ride. What else do you want?

214

-6Bell:

H.M.J.:

Well, the other thing I had was a despository

matter.

What the hell 1 A that? Oh

that you have been talking about. Are these

men in on that?

Broughton:

No, they are not in on that.
Then we are going to leave it as it is?

Bell:

Yes.

H.M.Jr:

And don't forget Jefferson.

Bryan:

I shall not.

Bell:

215

October 9, 1940
11:00 a.m.

RE FREEZING

Present:

Mr. Pehle
Mr. Chamberlain

H.M.Jr:

What have you gentlemen got?

Pehle:

Mr. Fosdick of the Rockefeller Foundation
was down and left with us a long letter which
they received from their people in France
which again describes conditions. It quotes

from a diary that their man over there is

keeping and they promised to keep sending us
those things.
Chamberlain:

I think it is very interesting.

Pehle:

He also left with us a copy of the agreement
which the Rockefeller people have with the
French authorities. They are dealing with
the French authorities in Paris, who are the
technical people, and they tell me they have
talked to Atherton in State and other people
over there who encourage them to deal with
the technical people and stay away from the

political side. They have this very general

agreement with the technical people for the

216

-2setting up of public health services and

assisting the French in combating epidemics,
a copy of which is here.
Dr. Fosdick mentioned that we gave them a
license several months ago covering about a

quarter of a million dollars which they were
going to use throughout Europe in surveying

the public health field. They have used but
a small portion of that. The time, however,
is running out and they wanted to be sure it

was to be renewed and I told him we would

consider it promptly. It won't run out for

a couple of weeks yet, but they want to be
able to plan, of course, what they are going
to do and I assume there has been no change.

H.M.Jr:

I don't know of any change.

Pehle:

One the number of pending cases, there are now
six hundred seventy-nine, which is about

current. I think that is about what we would
expect to have in.

Chamberlain: It is very good.
New York had over six hundred cases yesterday,

just New York alone. You see, there are still
a lot of cases coming in. I wanted to mention
to you about Rumania which we didn't discuss

yesterday at the State Department. You recall

we wrote them a letter and asked them whether

they wanted to extend the freezing control.

Have we heard from them?
H.M.Jr:

Here is a letter from the Secretary of State.
This is an answer - I will let you gentlemen
read it.
"Proposed Circular Telegram

"To all Diplomatic and Consular officers in

217
-3Belgium, Denmark, France, Luxemburg, Nether-

lands, Norway, and to Consular officers at

Leopoldville, Algiers, Saigon, Tahiti, Tunis,

Cayenne, Martinique, St. Pierre-Miquelon,
Dakar, Batavia, Curacao, Medan, and Surabaya."

Pehle:

I think I know what that is. It is a minor
matter. It involves State Department officials' accounts.

H.M.Jr:

Will you take care of it?

Pehle:

Yes, sir.

H.M.Jr:

Try to get it out within twenty-four hours.

Pehle:

Right.

About Rumania, we wrote them a letter and they
wrote back and wanted to know how much money

was involved, and we told them. Then we haven't
heard. We have had a number of people call
us up and say, "Have you blocked Rumania yet?"

and so forth, and the only question is, should

we let the State Department know or should we

let it rest?

H.M.Jr:

Have we brought it to their attention?

Pehle:

Yes, we have.

H.M.Jr:

I would let them decide.

Chamberlain:

It isn't very important. It is a question of
principle more than anything else.

H.M.Jr:

How long ago did we nudge them?

Pehle:

We wrote them about ten days ago. They replied and wanted to know what the amount was
and we promptly told them the amount, so it
is pending there and has been for about a week,
I should say.

218

-4H.M.Jr:

I think I would let it go.

Chamberlain: The question of Japan arises, of course, Mr.
Secretary, blocking Japan. Mr. Pehle discussed

it for a few moments, and I think that is a
question of very high politics. The only
point we made was that if Japan is into it,

we should block at least the occupied part of
China. Mr. Pehle raised the question as to
whether we would block all China. He said he
understood
have
it done.the Chinese were quite willing to
H.M.Jr:

I think if we did Japan, we ought to do the

whole works.
Pehle:

That is the thing that would hurt.

Chamberlain: I think we ought to take it up with the Chinese
Ambassador.

H.M.Jr:

Yes, but I think until we know pretty much what

we are going to do, I don't think we ought to
even hint about it.
Chamberlain: I.think so too. That is what we felt. We
just wanted to mention the importance of

blocking all China or at least certainly all

occupied China in the event of a-H.M.Jr:

Am I not right that the Chinese have sort of
asked us to do this?

Pehle:

Yes, sometime ago.

Chamberlain: Hinted.
Pehle:

I thought you would be interested to know that
the Aluminum Company of America is spending

about eight hundred fifty thousand dollars to
build a new bauxite plant. That is Vienna.
That has been cleared with the defense and fits

219

-5into their program on bauxite. Of course,
they have a mine down there. This will tend
to speed up production down there in the refining process in Dutch Guiana. When the

French Ambassador was in here I understood

he mentioned something in a very glib fashion
about the French fleet at Alexandria.
We now have a letter from Alphand in which he
says that they want an immediate release of
one hundred thousand dollars and a hundred
thousand per month thereafter for the maintenance of the French fleet demobilized at

Alexandria. These expenses fall entirely
under the control of the British authorities,
and they want to take it out of their blocked
account here. We have prepared a letter to
State asking for their views.

H.M.Jr:

Let me see. Mr. Welles sent me a memorandum

he wrote of his conversation with the French
Ambassador.

"Blocked French funds in the United States
The Ambassador then inquired whether I had been

informed by the President of his conversation
with the Ambassador with regard to the request

for the unblocking of French funds in this

country so as to permit the French Embassy
here to pay from these funds the expenses
of French diplomatic and consular establishments
in the Western Hemisphere and in certain

countries of Europe, and also to utilize

$1,500,000 for the purchase of beef in
Argentina to be used in feeding French prisoners of war in Germany and in French occupied
territory. The Ambassador also asked whether
I had any information concerning his recent
conversation on this subject with the Secretary of the Treasury.

220
6

"I replied that while the President had

spoken to me concerning certain features of
his interview with the Ambassador, the
President had not spoken with me concerning

the question of blocked funds.

"The Ambassador thereupon stated that he had

outlined the situation to the President and that
as he was leaving, the President had said "I
hope you will work out satisfactorily the question of your diplomatic and consular establish-

ments on the American continent".

"I said to the Ambassador that I had spoken
only this morning with the Secretary of the
Treasury on the telephone and that I was afraid
the Ambassador had misunderstood the President,

since I was informed by the Secretary of the

Treasury that the President had made no commit-

ment in that regard whatever. I then went on

to say that I would have to inform the Ambassador

that he could expect no relaxation by this

Government of the blocking of French funds in
so far as the suggested purchase of beef by

France for the relief of French prisoners of
war was concerned. I said that under the
accepted rules of international law and in
accordance with various international agree-

ments, the German government was obligated to

undertake the proper feeding and care of the

prisoners of war under its control. I stated

that there seemed in the judgment of this
Government no justification whatever for the

purchase by the French Government of large

quantities of beef to be used in the feeding
of prisoners of war, thus relieving the German
Government of its valid obligations in this
regard and making it easier for the German
Government to feed its own troops and its own

civilian population. I said that with regard
to the facilitation of funds for the payment

of diplomatic and consular establishments of

221
7-

France in the Western Hemisphere, I could at

this time give him no definite reply. I said
that all I could add in this regard was that
questions of this character could undoubtedly
be more readily solved if the French Govern-

ment showed a more friendly and cooperative

spirit in its dealings with the United States

and that I trusted that the reply made by

France as communicated to me this morning by
the French Ambassador with regard to French
colonies in the Americas would seem to the

high officials of this Government as an indication of such desire on the part of the Vichy
Government to cooperate to our mutual advantage.
"The Ambassador then launched into a very long

and exceedingly vehement tirade. He stated

that the refusal of this Government at this
juncture to release funds for the payment of

French diplomatic and consular missions in the
American continent was tantamount to a desire

on the part of the United States to liquidate
such establishments and as proof that this

Government did not regard the Vichy Government

as a sovereign government. He said that our
French funds in the United
for the

to relieve the

of war was a proof Govern-

refusal prisoners States supplies to to be permit used situation purchase that of this of French food

ment had no humanitarian interest in the fate
of these unfortunate individuals and that our
action in this regard would be equivalent to
a sentence of death for them."

Chamberlain: You have seen Mr. Berle's memorandum on that?
H.M.Jr:

No, I don't think I have.

Chamberlain: On the French purchase.
H.M.Jr:

No.

222
8Pehle:

Mr. Cochran had it. It came up after the
thing had been presented, ⑉ understand
it, at Cabinet, or at the same time, and

Berle sent a memorandum over that Davis had
presented to him saying that we had examined
the prison camps in Germany, and we found there

was plenty of food and the conditions were
not what the French said they were and
practically saying the French were giving us

a false story.

Chamberlain: We made the point, Mr. Secretary, that these
prisons should be used for work.
H.M.Jr:

There is nothing on that. I just would refer

Pehle:

That is a proposed letter just asking the

it - what is that?

Secretary's views.

H.M.Jr:

That is that.

Pehle:

Are we going to be in a position to take any
action on the various French things that are

here or should we just sit tight?

H.M.Jr:

Sit tight. The President said, "Now--"

Pehle:

I am not turning them down. We have a number
of cases where--

H.M.Jr:

Oh, I don't think I would turn them down. I
just think I would do nothing.

Chamberlain: I think so. If we do nothing, it practically

amounts to temporarily turning them down, and
we have great doubt as to what is going out
of South America, anyway.

H.M.Jr:

Have we?

Chamberlain: They reported to us on one large purchase,

223

-9you remember, after we objected. We said we
wanted to know what they were using the money

for. They said they had been able to cancel

a contract and provide for a forfeit of ten
percent of the amount of the original contract, so that you can see from that, Mr.

Secretary, that this is not just a straight

business transaction.
Pehle:

The other thing, we have an application here
to use some French funds in Federal Reserve.
This amount is two hundred forty thousand

dollars which they say they want to use to
cover imports of clothing, haberdashery,
and spare parts for their sugar refinery,

all in Martinique.

H.M.Jr:

Well, I certainly would write also to
Mr. Hull on that because that is part of the
French deal, Martinique.

Pehle:

That is all I have.

Chamberlain: That is all.
H.M.Jr:

Fine.

Chamberlain:

I see you are getting close to the question
of an extension of this.

H.M.Jr:

Yes, I am watching it. It is always nice to
see you.

Chamberlain:

It is always nice to see you.

224
THE UNDER SECRETARY OF STATE
WASHINGTON

October 8, 1940

Personal and

Confidential

Dear Henry:

In the belief that it will be of interest to
you, I am enclosing for your personal and confidential information a memorandum of my conversation with the French Ambassador yesterday.
Believe me

Yours very sincerely

Enclosure.

The Honorable

Henry Morgenthau, Jr.,

Secretary of the Treasury.