832.51/1259
The Ambassador in Brazil ( Caffery ) to the Secretary of State
[Received January 10, 1938.]
Sir: I have the honor to invite the Department’s attention to the negotiations that are now going on with the Brazilian Government in regard to payments on the foreign debt and in regard to the compensation mark trade between Brazil and Germany. I have the honor respectfully to point out that it is now clear to me that the members of the Brazilian Mission who were in Washington last summer were particularly anxious to ascertain whether or not retaliatory measures could be expected from the Government of the United States in case Brazil took steps desirable from a Brazilian point of view but detrimental to American commercial or financial interests. They received the distinct impression that retaliatory measures under those circumstances were not to be expected, and they came back to Brazil, therefore, with their minds very much at ease.
Respectfully yours,