Communication Received from Jewish Agency
Concerning Free Sterling Allocations
The matter of Free Sterling allocations after May 15th has several weeks ago been discussed between Mr. Reedmen and his associates and myself, and we arrived at conclusions which, I have reason to believe, were not very remote from each other. At that time it was planned that one of the members of the Commission would proceed to London, accompanied by various members of your Economic Staff, and these allocations were to be discussed there as a matter of urgency.
The voyage to London has for the time being been abandoned, and I understand that the matter of the Free Sterling allocations has remained in suspense. In the meantime the 15th May is drawing nearer, and it is a matter of pressing urgency for bankers and other responsible persons and bodies in Palestine to know what the position will be after that date. May I, therefore, draw your attention to this particular point and suggest that; whatever the Commission’s attitude may be on matters of a political or more, general nature, the British Delegation should be approached and the Commission’s specific proposals should be placed before them as a matter great urgency.
I am and rain at the Commission’s disposal for consultations.