832.51/1205: Telegram
The Secretary of State to the Ambassador in Brazil (Caffery)
81. Department’s 80, November 16, 2 p.m. The French Foreign Office has been informed by the British Foreign Office that on November 15 the Brazilian Government informed the British Embassy that it had decided not to interrupt debt service and that the Government would appoint a committee to examine the situation and to enter into negotiations with the foreign bondholders. The French Foreign Office is advising the French Embassy at Rio de Janeiro of this information and instructing it to obtain the same assurances from the Brazilian Government.
Can you confirm the reported change of position of the Brazilian Government? Will early announcement on the subject be made for the equal information of all bondholders?