587. Memorandum of Discussion at the 462d Meeting of the National Security Council, Washington, October 6, 19601

[Here follows discussion of matters unrelated to Cuba.]

Mr. Dulles reported that the National Bank of Cuba sent word to all banks holding credit balances in favor of any Cuban banks to transfer them to the U.K. or to Canadian banks. About $9 million is involved. Cuba also sent instructions to the International Monetary Fund (IMF) on the disposition of gold held to the credit of the National Bank of Cuba. Mr. Anderson said that Cuba had asked the IMF to sell its gold on deposit in the U.S. to the Bank of England. Mr. Dulles said he assumed Cuba took this action because it was apprehensive that we were about to break off relations or freeze Cuban assets in the U.S.2

[Here follows discussion of matters unrelated to Cuba.]

Marion W. Boggs
  1. Source: Eisenhower Library, Whitman File, NSC Records. Top Secret. Prepared by Boggs.
  2. These remarks occurred during Dulles’ oral briefing on recent world developments, which constituted NSC Action No. 2318. (Department of State, S/SNSC (Miscellaneous) Files: Lot 66 D 95, Records of Action by the National Security Council)