611.3531/581

The Ambassador in Argentina (Weddell) to the Secretary of State

No. 1869

Sir: I have the honor to invite the Department’s attention to my strictly confidential despatch No. 1851 of December 24, 1937,5 on the second page of which I reported the visits to the Embassy of Mr. Alonso Irigoyen, the Financial Attaché of the Argentine Embassy in Washington, and in that connection to enclose a memorandum of a conversation between Mr. Irigoyen and the First Secretary of this Embassy.

Respectfully yours,

For the Ambassador:
Orme Wilson

First Secretary of Embassy
[Page 274]
[Enclosure]

Memorandum of Conversation, by the First Secretary of Embassy in Argentina (Wilson)

Mr. Irigoyen said that the Inter-Ministerial Commission, formed by the Argentine Government to consider the possibilities of negotiating a trade agreement with the United States, was giving unremitting attention to fundamental matters relating to this subject adding, in answer to an inquiry, that these fundamental matters were in effect connected with the question of exchange. He appeared to intimate in this connection that the Commission was weighing the problem as to whether widespread concessions in exchange could be offset by benefits to be derived from a trade agreement, stating at this point that the exchange question was an extremely difficult one to solve.

Mr. Irigoyen went on to say that the approaching change of administration in Argentina is tending to delay somewhat the activities of the Commission as some of its members realize that their term of office will terminate at the end of the Justo administration and that there was a consequent tendency to postpone matters. In answer to a question, however, as to whether Dr. Ortiz was not taking a lively interest in the possibility of concluding a trade agreement, Mr. Irigoyen answered in the affirmative and added that the President-elect was keeping in touch with the discussions of the Commission. Mr. Wilson pointed out that the present moment seemed favorable to Argentina in so far as negotiations for a trade agreement were concerned, owing to the fact that conversations on the same subject were about to commence between representatives of the British and American Governments. He seemed to realize this.

The Commission is compiling, according to Mr. Irigoyen, a formidable list of demands for tariff concessions from the United States which he will take with him when he leaves Buenos Aires by airplane on Tuesday next, January 18.

O[rme] W[ilson]