825.5151/358: Telegram

The Ambassador in Chile ( Philip ) to the Secretary of State

105. Department’s telegram No. 73, October 12, 8 p.m. I handed memorandum to Foreign Minister today as instructed. He expressed optimism regarding future commercial relations with the United States and, while confirming the quota figures for automobiles already reported by me, he said confidentially that he believes this Government will eventually increase the quota allotment of the United States.

The Embassy has been assured by the President of the Exchange Control Commission that the quotas for motor vehicles reported in [Page 358] my despatch No. 357,50 enclosure 1 paragraph 3, are definitive. No quotas for radios have been announced yet.

Gold deposits in the Central Bank against which imports of automobiles, et cetera, are to be authorized are to be drawn from three sources only as follows: mines, placers, and old gold melted at mint. The figures of the Central Bank Bulletin for July included gold content of exported minerals, et cetera.

  1. Not printed.