187 Beasley to Evatt
Cablegram 127 (extracts)  [TORONTO] , 8 June 1944, 4.46 p.m.
MOST IMMEDIATE MOST SECRET AND PERSONAL
For Evatt from Beasley.
1. Have made close enquiries at this end regarding the Monetary Conference and find that the purpose is to keep the discussions on a technical level.  As far as I can ascertain representation will be confined to officials as this course will enable the Government to review the Conference decisions impartially.
The United States Treasury had arranged for preliminary discussions to commence on June 15th, but the United Kingdom could not attend on account of the invasion and these discussions were consequently postponed until June 24th. It is still uncertain whether the United Kingdom will be present.
Apparently the United States Treasury wish to have the main theories canvassed before the actual Conference begins and further, to try and confine representation to technical advisers.
As far as I can judge there appears to be a doubt whether either of the two large countries intend to reach firm decisions. Frankly the report  forwarded savours of a form of preliminary window dressing for the big event in the United States at the end of the year.
Having regard to all the circumstances as I see them here, I feel it would be very unwise to be represented on the Ministerial level as it appears that no other Country intends to do so. I really think we should allow the technical experts to continue their discussions or if at a later stage this approach is thought unnecessary, an observer could be sent along. Two points appear to concern us.
(a) The quota in the exchange pool.
(b) The margin to be provided in special circumstances beyond the quota.
These two issues I understand have been discussed in London  but no finality has been reached and I am doubtful if London is any further advanced. In the light of all the information here I feel I should continue with my plan to reach home about the middle of July as I will then be able to assist you with the referendum campaign.
3. Will be in Ottawa tomorrow. Best wishes, all well.