Memorandum from Henry Morgenthau, Jr. and Edward Stettinius, Jr. to President Franklin D. Roosevelt, with Attachment

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C 0 P Y March 15, 1945 MEMORANDUM FOR THE PRESIDENT Subject: Foreign Economic Policy Board After discussing the establishment of the Foreign Economic Policy Board with you at noon today I again brought it to Ed Stettinius' attention. He and I feel that the public announce ment of the Board at this time may cause cer- tain confusion within the Administration and if Mr. Crowley is going to get out in April we might better wait until that time and then in consultation with you decide the ultimate disposition of the Foreign Economic Administra- tion. (signed) H.M. Jr. and ARCHIVES RECORDS NATIONAL AND E.S. Jr.