The Ambassador in Brazil (Caffery) to the Secretary of State
[Received 1:29 p.m.]
406. Department’s instruction No. 801, July 30. At this juncture the Brazilian Government has paramount interest in financial aid from us for three purposes: Acquiring armament in the United States; building the steel mill;87 and preventing the collapse of their exchange situation (the exchange situation is daily becoming weaker) and it would be excessively difficult to capture their attention now for projects of the sort described in the Department’s instruction No. 801.