840.51 Frozen Credits/7047: Telegram
The Ambassador in Bolivia (Boal) to the Secretary of State
[Received July 14—12:05 a.m.]
535. Department’s instruction 81, June 25 and Embassy’s despatch No. 254, July 9.14 Embassy has learned through unimpeachable source on Banco Central’s own Board of Directors that contrary to information in despatch under reference Finance Minister Espada now in the United States instructed Banco Central prior to his departure through a communication addressed to bank’s directors on July 1 that sales of foreign exchange may be continued to listed nationals for the purpose of importations, specifically naming Axis-owned firms Bernardo Eisner, Juan Eisner, and Kyllmann Bauer as approved recipients of such facilities. Espada’s instructions prohibit only transfers of funds to other banks which are Axis controlled.
[Page 623]It is respectfully recommended that entire question of sales of foreign exchange to listed nationals as brought out in the Department’s aide-mémoire of May 20 be called to both the attention of Espada and the Banco Central’s manager, Cuenca, for the purpose of their agreeing to some effective action before their return to Bolivia. Report following.
- Neither printed.↩