611.5231/1023: Telegram
The Ambassador in Spain (Bowers) to the Secretary of State
[Received September 7—11:20 a.m.]
57. Department’s telegram No. 54, September 3, 5 p.m. Saw Sub-Secretary and renewed protest against exclusion United States from exchange insurance offered four other nations. Aguinaga assured me he would at once take the matter up with the proper authorities. To obtain insurance a premium of one percent of the amount involved must be paid (see Commercial Attaché’s special weekly financial report number 20 for the week ending August 10th17). Importers from four nations in question have argued that if Government is willing to insure exchange there is no necessity for them to avail themselves of Government’s offer involving payment premium. I was informed by the British Commercial Attaché this morning that not one British firm has asked for exchange insurance. Thus our non-inclusion offer has not prejudiced our trade in the slightest. With reference to my telegram number 55, August 27 [17], 1 p.m., Sub-Secretary explains Calderón’s silence by saying that the original instructions did not get off for a few days after I understood they were to be sent and that Calderón asked for amplifications and further light on the instructions which have now been sent.
- Not found in Department files.↩