This was principally to keep the British happy.
 
     
 
 
It seems to Dr. Pasvolsky and myself, however, that there is now a   
sufficient concurrence in possibilities so that the Secretary of State will   
have to determine the line which this Government is to take in any further   
negotiations. Presumably the Secretary will wish to talk to the President   
about it, and will also wish to have his views worked out with the Secretary   
of the Treasury.
 
     
 
 
Likewise, the future procedure should be determined. The Secretary of   
the Treasury would like to call a purely "Treasury" conference. It would   
seem more appropriate to have the Secretary of State call a conference on   
monetary stabilization under the auspices of the Department, -probably   
having the Secretary of the Treasury as Chief of the Delegation -- or some   
other appropriate recognition of the paramount technical position of the   
Treasury in the subject. If this form works out, appropriate instructions   
would no doubt be issued by the President; the Secretary of State would then   
consult with the Secretary of the Treasury and when the time was ripe, call   
such a conference.
 
 
 
A.A.B., Jr.