Memorandum of Conversation with Secretary of State Dean Acheson and Foreign Minister of France Robert Schuman
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OCR Page 1 of 5253
CONFIRMATION COPY
274
: SERVICE" RECORDS OFFICE
ARCHIVES "NATIONAL AND
URGENT
Sept. 26, 1949
SECSTATE
WASHINGTON
FOR ACTING SECRETAFY AND MR. RUSK FROM SECRETARY
confes possible
NO. 1188, Sept 26, 1:30 P.M.
Mr. Schuman called on me at my request this morning at eleven o'clock end
stayed about one-half hour. I told him that I had two matters which I should
like to discus s with him.
The first related to the devaluation of the German mark. I said that,
since my talk with him on Friday afternoon, Mr. McCloy had been so constently
at work upon the matter that he had had no sleep for seventy-two hours. He
vag tsking a brosd and European vien of the matter. (Mr. Schuman interrupted
to say thet he knew lif. McCloy DO well thet he was sure that this sas the view
he vould take.) Mr. McCloy had succeeded in persuading the Germons to propose
the trenty percent devaluation and in persuading the British to
accept this devaluation. He had flown to Paris, where he now was, and had
been unable to get French agreement, because the French insisted as a condition
that the German coal price matter ahould be settled at the same time. I said
that Mr. NcCloy believed, as did our Government, that this was a separate matter
and should not be linked with the devaluation. As Mr. Schuman had learned from
Mr. Hoffman, Mr. Snyder, and me in Washington our Government was opposed to all
the dual prices - those proposed by the French and British, as well as those
Distr: Battle
DECLASSIFIED
Raynor
E. o. 11652, Sec. 3(E) and S(D) or (E)
Hickerson
mon DECRET
7-23-75
Dept. of State letter, Ang. 9,1973
By NLT- HC 2 NARS Date 4.2976
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