The Acting Secretary of State to the Ambassador in Brazil (Gibson)
87. A United Press report and a special cable to the New York Times, both dated Bio, June 8, report that the Foreign Minister and the German Chargé d’Affaires exchanged notes on that date “sealing the one-year trade agreement between the Reichsbank and the Banco do Brasil” on a basis similar to that reported in your 137 , May 30, 3 p.m. The quotas mentioned in these press despatches are identical with those mentioned in your 137 , but the sales of German goods by categories are to be held to 1935 limits. The Department is receiving inquiries on the basis of these despatches and would appreciate your prompt comment.