740.00112 European War 1939/4506½

The Department of State to the Spanish Embassy

Memorandum

The Department of State acknowledges the receipt of the memorandum of the Spanish Embassy dated February 5, 1942, in regard to commercial relations between Spain and the United States. The assurances of the Spanish Embassy that it is the definite proposal of the Spanish Government to do whatever is possible to satisfy the requirements of this Government so long as this Government is disposed to satisfy, in so far as possible, the essential needs of Spain, and that the Spanish Government is disposed to give absolute guarantees to insure that products furnished by the United States will be solely and exclusively used within Spanish territory and for the benefit of the Spanish people, are noted with satisfaction.

In response to these assurances the cargoes of the Spanish tankers Campilo and Campuzano have been licensed for export to Spain, and it has been decided to establish and put into execution a program of supply to Spain of petroleum products for a period of ninety days to afford an opportunity to subject to actual experience the proposals recently submitted to the Spanish Government and to which it has agreed.