835.5151/419: Telegram
The Consul General at Buenos Aires (Warren) to the Secretary of State
Buenos
Aires, April 15,
1935—5 p.m.
[Received April 15—4:30 p.m.]
[Received April 15—4:30 p.m.]
Referring to my telegram of April 14, noon. The increase in cost to importers without advance exchange permits according to the terms of the decree is computed as follows: the percent difference between the Banco Nación average rate for accepted bids for official exchange and its closing free selling rate on the previous day will be deducted from 20 percent. The percent difference will be applied as a surcharge on the c. i. f. value of imports.
Warren