FRANKLIN DELANO ROOSEVELT LIBRARY

File containing material from US Secretary of Treasury, Henry J. Morgenthau on French currency problems, includes: requests from French Committee of National Liberation and Jean Monnet for printing of additional amounts of individual franc notes. - Information on French concerns that cent rate too high, press for international stabilisation fund. - Meeting of Treasury Dept. and French Ambassadors, including Monnet, regarding need to build confidence among the French public for the franc. - Letter from Pierre Mendès-France to Morgenthau regarding Comité's decision to extend the N. African rate of exchange to continental France as a provisional measure upon the Allied landing in France. - Discussions on rate of exchange, Mendès-France did not want a permanent rate fixed till after liberation, and need for an international accord to provide framework within which final adjustment could successfully be undertaken. - Memo to Morgenthau from Mr. White of the Treasury Dept. regarding taxation of war profits and confiscation of collaborationist wealth by French Committee. - Memo from Morgenthau to President Roosevelt regarding printing of additional French currency to implement anti-inflatinalry programme in France, letter to Mendès-France regarding terms and conditions upon which the franc notes to be used by the French civilian authorities upon liberation. - Memo for President summarising proposed lend-lease arrangements. Letter to Monnet from Leo Crowley, regarding need for immediate procurement of civilian supplies for metropolitan France. - Text of discussion on French lend-lease arrangements, Monnet states that it would be difficult to explain why France was treated differently than Britain or Russia in terms of lend-lease. - Information on delays in forming terms of lend-lease for France, and leaking of information that France promised Master agreement, promises that Morgenthau was unaware of, highlighted lack of unity between State and Treasury Depts. - Internal memo to Morgenthau from White concerning clash of opinion between Ministers Mendès-France and René Pleven on financial policies to be followed in France. - Report on meeting between Morgenthau, White and Monnet, where Monnet spoke of importance of consumating the negotiations on lend-lease and to present the arrangements to the French people in such a way as would promote good relations between the two countries, Morgenthau convinced it was better to discuss terms of lend-lease before and agreements signed l

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The originals are held in various Archives in Europe and in the USA

CEM/JMAS

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