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Royall Tyler to Mildred Barnes Bliss and Robert Woods Bliss, July 14, 1931

Telegrama
14 Jul 31Tuesday.
Paris
Milrob
BAires.

Aide exterieur manquant ancient gouverneur banque emission recoit pleins pouvoirs questions echange et monetaires gouvernement inchange pour moment stop. Creerait monnaie interieure non echangeable genre tchervonitzThe tchervonitz or chervonitz was a Russian gold coin. reservant monnaie actuelle pour transactions exterieures stop. Abandon systeme capitaliste pour echapper paiements exterieurs stop. Extremistes droite enthousiastes attitude socialistes douteuse issue repercussions incalculable.“Outside help needed; ancient governor [of the] bank program receives full powers [on] exchange and monetary questions; [the] government is unchanged for the moment Stop. It would create [a] non-exchangeable domestic currency [of the] tchervonitz kind, reserving current money for external transactions Stop. Abandonment of capitalist system in order to escape external payments Stop. Rightist extremists [are] enthusiastic; [the] attitude [of the] Socialists [is a] doubtful outcome; incalculable repercussions.” See letter of July 18, 1931.