The Ambassador in Brazil (Caffery) to the Secretary of State
[Received 3:48 p.m.]
504. President Vargas yesterday spoke enthusiastically of the recently signed agreement for the construction of a steel plant in Brazil; [Page 615] he said that he was receiving telegrams of congratulations from all over Brazil. He said also that he was particularly appreciative of the effective interest and part which he had reason to believe President Roosevelt took in this business.