Office of the Historian

835.5151/317

The Ambassador in Argentina (Weddell) to the Secretary of State

No. 310
Buenos Aires, June 8, 1934.
[Received June 18.]

Sir: With reference to my despatch No. 283 of May 18, 1934, concerning blocked peso balances, I have to report that no further developments have occurred. The Commercial Attaché, Dr. Dye, is awaiting further information from the Minister of Finance concerning the Government’s recent declaration of intention to offer to convert the frozen balances of other nationalities, besides the Italian, into a five year loan.

Respectfully yours,

For the Ambassador:
Raymond E. Cox

First Secretary of Embassy