825.6374/1081
Memorandum by the Under Secretary of State (Castle) of a Conversation With the British Ambassador (Lindsay), January 5, 1933
The British Ambassador handed me the attached memorandum46 on the Cosach situation. He says that Mr. Chilton47 was very much worried because apparently the Chilean Government had intimated that in the dissolution of the Cosach they had the backing of British bankers. Mr. Chilton feels, as does the Ambassador, that the interests of American-British bankers are the same and that it would be most unfortunate if any idea got abroad that they were working at cross-purposes. Mr. Chilton, therefore, supplied the memorandum of the conversation between Señor Ross48 and some of the British bankers. The Ambassador said that he hoped this would make the situation clear.