811.20 Defense (M) Spain/1165: Telegram
The Acting Secretary of State to the Ambassador in Spain ( Hayes )
2297. Department and other interested agencies are giving careful consideration to proposal you suggest in your 3066, October 21, 5 p.m. We hope to place our considered comments and possibly some suggestions for modification in your hands in near future. In general, approach has appeal but pending further word from here should not be made to Jordana.
For your information, wheat is moving into increasingly tight position. Department will advise if and when firm offer can be made to Spaniards.