121.5767/1: Telegram

The Secretary of State to the Minister in Iran (Dreyfus)

380. John W. Gunter, appointed Financial Attaché at Ankara, left United States by air this week. Before going to Ankara he will proceed to Tehran to investigate certain phases of Iranian financial situation [Page 591] with respect to request for a loan from United States. Gunter has been instructed to call on you upon his arrival and to work with you, and you should present him to Millspaugh and other appropriate officials of Iranian Government. Please facilitate his work with advice and all appropriate assistance. Gunter is not authorized to make commitments on behalf of this Government, but it is expected that his reports will greatly assist Treasury in taking such action as it may find to be feasible to assist Iran.

For your information, this Government is continuing its studies on Iranian loan problem and is preparing a tentative plan of action which will be checked, in part, against information supplied by Gunter.

Hull