833.51/984: Telegram

The Acting Secretary of State to the Ambassador in Uruguay ( Dawson )

195. Your 270, April 9, 5 p.m. The Government of the United States is always prepared to consider and discuss any measures of cooperation suggested to it by the Government of Uruguay. Some time ago at the request of the then Uruguayan Minister there were opened credit lines by the Export-Import Bank to the Government of Uruguay and to the Banco de la República. Uruguay has never made any attempt to utilize these.

The credit standing of Uruguay is good and the Department is prepared to recommend and the Export-Import Bank to consider any reasonable program of financing. The priority situation would make it very difficult to supply Uruguay with materials needed for any extensive public works program, but your telegram indicates that public works to be carried out would not require imported materials.