-4- of other countries, and also discriminating against our commerce with her. I courteously replied on each occasion expressing the desire of this Government in every feasible manner and as early as feasible to enter upon satisfactory trade arrangements with all countries so disposed, and that Germany in this respect was placed in the same deferred class with England, Canada, and a majority of the nations of the world. Germany, during the past summer, repeated her trade agreement proposals as stated, but, while paying other countries both her debt and trade balances, she flouted our nationals and declined in any trade conversations that might take place to indicate with the slightest definiteness or detail or method any terms to which she might agree, either to pay our nationals or to cease discriminating against oum commerce under our commercial treaty with her. In the meantime reports constantly came to the Department to the effect that we would in any event be forced to sell Germany our cotton and perhaps some copper, lard, etc. The Department at the same time strongly believed, as it still does, that the reverse was true and that Germany would first be forced to buy at least 500,000 bales of cotton from the United States, and |