832.51/1745: Telegram
The Ambassador in Brazil (Caffery) to the Secretary of State
Rio de
Janeiro, March 6, 1940—3
p.m.
[Received March 6—2:52 p.m.]
[Received March 6—2:52 p.m.]
90. Referring to my conversation with the Economic Adviser. I explained to Aranha what happened at the Department in regard to grade IV and he states that in a further effort to demonstrate his “extreme good will” he is willing (although he very much prefers not to do so) to reduce the British and French held grade IV again first year from 45 to 40 percent if the Department so desires (“no matter what the French say or do”).
Caffery