832.51/1692: Telegram

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

13. Your 27, January 17. Assuming that the Brazilian Government makes clear that its offer is not a permanent settlement, you may, while avoiding any responsibility for the action of the Brazilian Government, indicate to Aranha that if the Brazilian Government should make an offer of one-half of the payments scheduled for the last year of the Aranha Plan, with the indicated progression in subsequent years that this Government would regard it as a step forward.