The Ambassador in Argentina (Weddell) to the Secretary of State
[Received 4:30 p.m.]
93. American Manufacturers Export Association New York cabled Dye summary of their plan for liquidation frozen funds here. Plan was shown unofficially to Minister of Finance by an American Bank official here and opinion of Minister of Finance was that plan as far as understood was not feasible. American Manufacturers Export Association advises they presented plan to Argentine Ambassador Washington by telegraph September 29 who replied saying he was instructed not to discuss exchange problems. Plan as outlined by cable not very clear but seems unworkable. American Manufacturers Export Association request answer by Friday morning. Their telegram unanswered from here.