832.5151/139: Telegram

The Consul General at Rio de Janeiro (Lee) to the Secretary of State

According to an interview in a local newspaper Minister of Finance has declared that special exchange facilities cannot be granted for [Page 45] American exports to Brazil in spite of the fact that the United States purchases for cash half of all Brazilian exports. Portuguese phraseology used by Minister of Finance equivalent to saying that he has no intention of doing anything to relieve the disadvantage under which American trade with Brazil now operates.