611.2531/212 Suppl.: Telegram
The Secretary of State to the Chargé in Chile ( Frost )
49. Department’s 48, November 9. Please inform Department immediately as to status your discussions with Chilean Government re modus vivendi.
For your information Under Secretary informing Chilean Ambassador this morning that Department appreciates modifications of gold rates applicable to imports of various American products; at the same time he expressed the hope to the Ambassador that any prospective modifications of tariff rates applicable to American products would not substantially offset the benefits derived from the revision of exchange rates.