838.51/3408: Telegram

The Secretary of State to the Chargé in Haiti (Finley)

35. Your 56, August 4, 1 p.m. The recent consultation of the Brazilian Minister of Finance with the Secretary of the Treasury in which the latter agreed to supply such technical assistance as Brazil may care to avail itself of in connection with the organization of a new Brazilian central reserve bank offers no precedent for the proposal that the Federal Reserve Bank recommend the appointment or in any way participate in the selection of an American to serve on an agency which will exercise control over Haitian finances in the interests of holders of external bonds of the Haitian Government.

Hull