835.5151/289
The Ambassador in Argentina ( Weddell ) to the Secretary of State
[Received April 23.]
Sir: With reference to the Department’s instruction No. 64 of March 27, 1934,10 requesting the Embassy to have informal inquiry made of the Argentine exchange authorities as to when action might be expected on the application for exchange of Messrs. E. Waterman & Company of New York, I have the honor to report that Dr. Dye, the Commercial Attaché, after first consulting the representative of the firm named in Buenos Aires, and learning from him that his company had not yet received any exchange for any of its pending drafts, discussed the matter with the head of the Exchange Control Commission who advised him that the Commission held that the exportation of grapes to the United States was included in the commodities for which the exchange derived from the sale thereof could be sold in the “free market”. The head of the Commission promised Dr. Dye to review the correspondence with Messrs. E. Waterman & Company, but stated that he could not say whether any further decision would be given, or if so, when it would be rendered. He added that the application of this firm would have to await its turn.
Dr. Dye has informed the representative of Messrs. E. Waterman & Company of the results of his interview with the Exchange Commission. The company’s representative expects to take up the matter with the Commission on April 16.
From his interview with the Commission Dr. Dye’s general impression is that the attitude of the Exchange authorities has not changed and that they are as non-committal as ever with regard to the exchange applications of importers of American goods.
Respectfully yours,
- Not printed.↩