Office of the Historian

835.51/899: Telegram

The Secretary of State to the Ambassador in Argentina (Bliss)

Washington, April 7, 1933—5 p.m.

19. Your 30, April 4, 7 p.m., and your despatches 2001 and 2007.94 Do you believe that the proposed allotment of 33% of all available exchange to Great Britain represents a fair proportion for that country taking into consideration (a) Argentina’s purchases of British goods, (b) remittances to Great Britain of income from investments, et cetera, and (c) frozen credits?

Would the 33 percent include the service of the proposed loan of 10,000,000 pounds?

What percentage of exchange should be allotted to the United States if placed on a similar basis?

If this allotment is granted to the British do you consider it advisable to ask for an allotment for the United States, as set forth in the preceding paragraph?

Hull
  1. Despatches Nos. 2001 and 2007 not printed.↩