835.51/1530: Telegram
The Secretary of State to the Ambassador in Argentina (Armour)
2021. Your 2575, December 17, 5 p.m. Memorandum submitted to Department and Treasury during conference was merely a statement of Argentine controls as they then existed and was discussed with the Department and Treasury on that basis. It was a statement of the [Page 514] Argentine position but was not at any time considered by the Treasury or the Department as an interpretation of the reservation finally drafted by Argentina and was not discussed as such with the Argentine delegates. Gagneux’s statement that a gentleman’s agreement was made between the Argentine delegates, the Department and the Treasury is contrary to our understanding and any such agreement would obviously be counter to the procedure of international conferences if not known by all of the delegates. Please inform Gagneux that Department and Treasury have never considered the memorandum referred to as an interpretation of the reservation finally drafted by Argentina and that a continuance of the remittances referred to will be regarded by the Department and the Treasury as inconsistent with the resolutions adopted at the conference.