651.5231/167: Telegram

The Secretary of State to the Ambassador in Spain (Bowers)

78. Your 81, December 28, 3 p.m.11 Please telegraph significant provisions of exchange agreement with France.12 Department informed confidentially that in addition to general arrangements provided for in published agreement, an unpublished exchange of notes provides that within 60 days from December 22 the Spanish Government will liquidate all blocked French transfers for which applications had been made up to that date and that all applications made after that date for francs in payment of imports from France or of interest, dividends, or other financial credits owing to French nationals will be granted immediately upon presentation. If you find that such an exchange of notes has in fact taken place telegraph as full a statement of the provisions thereof as you may be able to obtain.

  1. Foreign Relations, 1935, vol. ii, p. 738.
  2. Signed December 21, 1935; League of Nations Treaty Series, vol. clxvii, p. 65.