811.512332 Shipping/20

The Director of Commercial and Consular Affairs in the Brazilian Ministry of Foreign Affairs ( Eulalio ) to the American Ambassador in Brazil ( Morgan )

[Translation]
NC/72

Mr. Ambassador: Acknowledging the receipt of your Note No. 1526, of August 21 of the present year, I have the honor to thank Your Excellency for your courtesy in communicating to this Department the decision of the United States of America, regarding the exemption from income tax of Brazilian citizens who derive profit exclusively from the operation of ships registered in Brazil with which decision this Ministry has just acquainted the Ministry of Finance.

Accept [etc.]

Jm. Eulalio