835.51B861/102: Telegram

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

112. Your 158, July 30, 4 p.m. The Foreign Bondholders Protective Council advises that it has not withdrawn its complaint of discrimination. It states that the consumption tax of the Province of Buenos Aires was specifically pledged to the service of dollar bonds and that under the proposed conversion of the external debt of the Province this source of revenue would be pledged first to the service of sterling bonds and dollar bonds subordinated to a second charge on the receipts from this tax.

If your further investigation discloses that dollar issues of the Province are being discriminated against, you are authorized to take up the matter with the Foreign Office and request that this discrimination be removed.