Draft Telegram to Georgy Chicherin, May 5 or 6, 1922

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Be sure to make a break and quickly over the new allied memorandum,[1] because we shall allow no concession to the owners, and a better opportunity will not be found. Delays weaken us. With the German treaty in hand, we shall now never abandon a long-term effort to stand only on its basis. Start a highly circumspect flirtation with Italy separately.

  1. A reference to the memorandum of the Allied countries of May 2, 1922, presented to the Soviet delegation at the conference on May 3.