925. R. G. Hawtrey to Harrod , 16 August 1939 [a]

[Replies to 924 ]

Treasury Chambers, Whitehall, S. W. #

16 August 1939

Dear Harrod

Many thanks for the memorandum enclosed with your letter of the 14 th August. I had already read with interest the earlier memo that you sent to Stephens.

As I dare say you know, I have long held that the existing value of gold in terms of commodities is precarious.

Yours sincerely

R G Hawtrey

  1. a. ALS, one page, in HP IV-453.

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