462.00R296/4418

The Rumanian Minister ( Davila ) to the Acting Secretary of State

My Dear Mr. Secretary: I have the honor to communicate to you the reply of my Government to the proposal of the American Government:

“Appreciating the motives of solidarity which have inspired the proposal of President Hoover and hoping that the new policy of cooperation which will result from this gesture of the United States of America will have the happy effect of strengthening the peace and of bringing the nations closer together by solving the financial problems which constitute the grave consequences of the world crisis, the Roumanian Government adheres to the Hoover Proposal, greatly wishing that this proposal should have the most happy results. The Roumanian Government expresses its hope that the sacrifice to which it consents will not exceed certain limits, in order that the new Ministry may be able to achieve the financial consolidation for which it is striving.”

Accept [etc.]

Davila