Correspondence Between Former President Herbert Hoover and President Harry S. Truman

70/6/47. 950-73 March 24, 1947 Dear Mr. President: I read with a lot of interest your Report No. Three - The Necessary Steps for Promotion of German Exports x198 and it is a most interesting document. x 275-A I do appreciate most highly your willingness to go into this matter and I also appreciate the thoroughness with which you have covered the ground. I am hoping we can work out the economic situation in x396 Germany so as to reestablish the European balance of trade. At Potsdam I suggested to the conference that X190 Potosdam the Rhine and Danube should be free for the transport of merchandise to all those countries that had riparian x173 bonference rights on them and I am sure that it is going to be x necessary to reestablish the economic balance in Europe before we can possibly reestablish the political balance. I think you have made a great contribution toward that end. Sincerely yours, HARRY S. TRUMAN Honorable Herbert Hoover XPP795 The Waldorf-Astoria Towers x 315 New York, New York