835.24/522: Telegram

The Secretary of State to the Ambassador in Argentina (Armour)

632. Your 767, April 25, 4 p.m. In view of indicated reluctance on part of Foreign Office and Central Bank to recommend revocation and reconsideration of outstanding licenses issued prior to March 1st, this proposal may well be abandoned. As regards possibility of supplying statistical record of such licenses, the Board of Economic Warfare estimates that compilation could not be completed in less than a month.

Since the abuses described in your 477 March 12 midnight have been largely eliminated by the checking procedure effective March 24, and since many of the uncertified licenses will have been consummated by delivery or will have expired in the interim, it would not appear practicable to attempt to furnish the data requisite for their re-examination.

The appropriate Argentinian import agencies may be assured that under present procedure the closest possible coordination between [Page 351]licensing and certificate of necessity is being achieved, and that their continued cooperation, despite inevitable early difficulties, is fully appreciated.