Memorandum from Secretary of State George Marshall to President Harry S. Truman, with Attachment

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SECRET DECLASSIFIED E.O. 11652, Sec. 3(E) and 5(D) or (E) Dept. of State letter, Aug. 10, 1972 BYNITHE NARS Date 6.23.75 DEPARTMENT OF STATE WASHINGTON August 1, 1947 MEMORANDUM FOR THE PRESIDENT For your information there is transmitted herewith a communication from the British Embassy stating that the British Government has decided that they must on financial and manpower grounds withdraw British troops from Greece and reduce those in Italy to the 5,000 provided for by Article 5 of Annex VII of the Italian Treaty. Indications of this decision of the British Gov- ernment have likewise appeared in yesterday's newspaper reports from London. To the extent that this proposed action is based on financial grounds, it can be considered in the light of my separate memorandum to you concerning the impending British dollar crisis. RECORDS Enc losure : Copy of communication from British Embassy, dated July 30, 1947. SECRET