13
Y.-Machineryglog Continuing Consultation (paragraphs Haged385) of 662
We should seek agreement on the need for more frequent tripartite meetings of Ministers, with the corollary of the need for continuous discussion of these matters by an informal group of officials of the three countries, to be established on the basis proposed in paragraph 35.
VI.-Position of O.E.E.C. (paragraphs 36 and 37)
We should not seek to minimise the importance of the Marshall Plan or O.E.E.C., though we must make it clear that the Plan of itself cannot solve the problems which face us, We should stress that we will continue to play our full part in O.E.E.C. and seek to secure United States support for the view that these tripartite talks will enable us to play a more effective role in O.E.E.C. We should, on these grounds, resist any proposal for enlarging the tripartite talks by inclusion of O.E.E.C. countries.
VII. Position of the Commonwealth (paragraph 38)
Further Commonwealth participation in the new proposed special machinery would equally impair its effectiveness. It is essential, therefore, to keep the other members of the Commonwealth fully informed of policy and of the discussions in September and in future as they unfold. We should use existing channels of communication, including the Commonwealth Liaison Committee, to the maximum extent for this purpose. In particular, we ask for specific authority to give the other Commonwealth Governments, and the Commonwealth Liaison Committee, on which Canada is represented, the general outline of the policy which we pro- pose to follow in the Washington talks when it has been approved by Ministers.
APPENDIX A
SHORT-TERM MEASURES BY THE UNITED STATES AND CANADA (paragraphs 15-18)
United States
(a) Administration of E.R.P. in a flexible manner which will ease the strain on United Kingdom reserves in particular E.R.P. financing of Canadian wheat.
Resumption and intensification of stockpiling purchases.
(c) Revision of United States policy on drawings from the International
Monetary Fund.
More liberal use of the resources of the International Bank.
More liberal administration of United States tariff.
(f) Reduction of proportion of synthetic to natural rubber to statutory
minimum.
(g) Loans from Export-Import Bank.
Canada
(a) Active encouragement by Canada of United Kingdom and sterling area
imports, particularly as regards United Kingdom capital goods.
(b) Freer use of the Canadian credit.
Canadian stockpiling of certain strategic raw materials.
Co-operation in avoiding any liability on the United Kingdom to repay
Newfoundland's interest-free loan.
(e) Easement of the arrangements for repayment of the 1942 interest-free
loan.
(f) Co-operation in evolving a scheme designed to relieve the United Kingdom
of the heavy drain of emigrant remittances to Canada.