832.51/1197: Telegram
The Ambassador in Brazil (Caffery) to the Secretary of State
Rio de
Janeiro, November
12, 1937—2 p.m.
[Received 2:02 p.m.]
[Received 2:02 p.m.]
155. Department’s cable 73. I discussed the matter with the Minister of Finance … He said that he would discuss the matter further with the President and the Cabinet. I shall discuss it also with the Minister for Foreign Affairs.
My confidential opinion, is that the President of Brazil made statement reported for domestic political reasons. In other words he was offering the people of Brazil approximately 45 million dollars a year.
Caffery