835.5151/302a: Telegram
The Secretary of State to the Ambassador in Argentina (Weddell)
Washington, May 11,
1934—noon.
48. Reference Press Commerce Report No. 36. Cable any additional details and briefly your opinion of latest Argentine proposal re blocked funds. Do you think any action by this Government is desirable? Also estimate amount of American blocked funds which would be affected by the proposal.
Is reported opposition of American and other Chambers of Commerce in Buenos Aires a result of belief that they can eventually obtain a more favorable arrangement? If so, how soon and on what basis?
Hull