File No. 832.61333/147.

The American Ambassador to the Secretary of State.

[Telegram—Paraphrase.]

A copy of the following telegram received this morning was handed me to-day by the Minister for Foreign Affairs:

São Paulo, February 27th.

I had no complete details regarding the sales of valorization stocks in New York. I know and declare that sales were made to eighty roasters resident in thirty-three cities of twenty American States. I am going to telegraph to the Committee asking for further details.

This telegram was signed by the Secretary of the Treasury of the State of São Paulo.

Morgan.