Telegram from Walter Bedell Smith to the Department of State

DECLASSIFIED E. O. 11652, Sec. 3(E) and 5(D) or (E) Dept. of State letter, Aug. 9, 1973 INCOMING TELEGRAM By NLT- HC , NARS 10-17-14-75 DEPARTMENT OF STATE-DIVISION OF COMMUNICATIONS AND RECORDS TELEGRAPH BRANCH A D Control 6365 Action: EUR Rec'd April 21, 1947 Info: 7:10 p.m. s/s UE FROM: Moscow A-H ESP TO % Secretary of State DC/R LOG NO de 1489, April 21, 10 p.m. ARCHIVES "INATIONAL RECORDS SERVICE" AND US URGENT to continued DELSEC 1454 FOR THE PRESIDENT, VANDENBERG, CONHALLY AHD ACHESON FROM MARSHALL Thirty-nintb CFM meeting, April 21 Bidault presiding, considered the report of the Four Power Commission appointed by the CFM in 1946 to study the financial arrangements for the Free Territory of Trieste created by the Italian Pesce Treaty. Bevin proposed: (1) That the report be transmitted to the United Nations Security Council, along with the commant of the Italian and Yugoglav Governments and suggestions that any CFM member cared to make; (2) that the CFM members agree to assist the Free Territory to obtsin adequate supplies of essential meteriels, equipment and ships which 1t requires; and (3) that the CFM recomend the acceptance by the Security Council of any request by the Governor of the Free Territory for external assistance up to $5,000,000 1a free exchange during 1947 in view of a possible exchange deficit during the first few months of the Territory's existence. Bevin pointed out that not only the US and France but also Italy and Yugoslavia agreed with the British that Trieste would need external assistanos in the beginning in order to organize its finances and economy. He asked Molotov to agres. Molotov refused to give a direct reply. He said the Commission's report could not be transmitted to the Security Council without an expression of the views of the GOAS INFORMATION COPY