852.75 National Telephone Co./303: Telegram

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

19. We have sent paraphrases of your telegrams nos. 232 and 252 dated respectively November 19, 9 a.m. and December 14, 7 p.m. to Pierson for his information. Cardenas has made no approach to Export-Import Bank since the cotton credit, but it is obvious that the treatment accorded legitimate American enterprise in Spain will always be an important factor in any consideration given to requests of this kind. We approve your actions in helping Behn and trust that both Franco and Serrano Suner appreciate the importance we attach to a friendly solution of the telephone company’s difficulties.