File No. No. 763.72113/741½

The Ambassador in Brazil ( Morgan) to the Secretary of State

[Telegram]

At yesterday’s Cabinet meeting, an Executive decree was signed canceling the right of the Deutsch-Südamerikanische Bank and the Deutsche Ueberseeische Bank, their branches and agencies, to operate in Brazil.

A short time ago the third German bank, the Brazilische Bank for Deutschland, was denied permission to extend the period during which it could operate in Brazil.

Morgan