832.51/1528: Telegram

The Ambassador in Brazil (Caffery) to the Secretary of State

225. Department’s 131, July 20, 1 p.m. Aranha approves designation of Munro and suggests that he arrive here by the 15th of August. The Brazilian Government will then be in a position to take up the debt matter seriously. He does not believe that the discussions need continue more than a couple of weeks. He suggests also that the Council fix a definite amount for Munro’s expenses. He will not, however, pay for telephone conversations. (In my opinion the Council made a mistake in accepting Aranha’s offer to pay these expenses. …) He [desires] the Department to transmit the invitation to Munro to the Council as he is not willing at their [this?] time to telegraph to the Council direct.

As set out in my telegram 219, July 18, 4 p.m., Aranha confirmed the statements he made to me in my previous telegram 215, July 7, 7 p.m., regarding treatment to be accorded to American bondholders.

Caffery