The Ambassador in Chile ( Bowers ) to the Secretary of State
[Received December 10.]
Sir: I have the honor to refer to my telegram No. 294, 5 p.m. of December 4, 1940, and to transmit a copy of the note verbale, and a [Page 692] translation thereof, which the Foreign Minister handed me this morning on the suspension of the retirement of the foreign debt. There also is transmitted a copy, and a translation, of Decree No. 375336 providing for the suspension of the retirement of the foreign debt.
As indicated in my telegram No. 296, 5 p.m. of today’s date, the Foreign Minister stated that the Government’s action was “embarrassing”, but he insisted it was forced by circumstances. He also was emphatic in declaring that the suspension only was temporary, that the resumption of the retirement of the foreign debt would be undertaken just as soon as conditions permit, and that interest payments on the external bonds shall continue to be made in the manner followed until the present.