811.515/1746
The Argentine Under Secretary for Foreign Affairs (Gache) to the American Ambassador in Argentina (Armour)26
Mr. Ambassador: I have the pleasure to address Your Excellency in order to refer to the note of your Embassy No. 791, dated October 5 last, in which it was indicated that there had come to the attention of your Government the fact that various exchange houses and agencies of this country were not complying with the regulations issued on the subject of dollar notes.
I beg leave to inform Your Excellency that the Ministry of Finance, to which the aforementioned note had been referred for action, has advised the Foreign Office that steps have been taken to verify these acts and that, without prejudice to the measures adopted against the houses which have violated the existing regulations, there are being studied the possibilities of regulating the functioning of the agencies engaging in the purchase and sale of foreign notes and coins and of making provision for the fulfillment of certain requirements which will assure correctness and responsibility in such operations. There are at the same time being prepared certain measures intended [Page 505] to make as strict as possible the control over the entry and departure into and from the country of every kind of notes and securities.
I avail myself [etc.]
- Copy transmitted to the Department by the Chargé in Argentina in his despatch No. 7546, December 1; received December 9.↩