103.9165/29: Telegram

The Secretary of State to the Ambassador in Colombia ( Lane )

611. Your 745, April 28, 1943, 10:00 p.m.24 Department would welcome a decision by the Colombian authorities to nationalize enemy companies and would extend all assistance and cooperation possible under present conditions. However, at the present time Department is unable to express a definite view on the basis of mere indications that tie-ups with corresponding American companies are desired. In the absence of information concerning the type of agreement proposed, the assistance needed, the type of business done and products sold by the local firm, it is difficult to present a proposal to specific American firms. Such firms in general wish to know some of the relevant business facts before committing themselves. Moreover, although the Department will not disapprove any specific proposal merely because it involves a tie-up with corresponding American firms, it would wish to examine the terms of such proposal before passing on it. However, within the limits of our stated trade and replacement policies, we will do everything possible to facilitate technical and financial assistance to nationalized firms.

Please submit a complete description of the companies in Colombia which would probably be involved in the replacement program, the type of assistance they wish from the United States and, if possible, the terms and conditions on which this assistance is desired. Please indicate to the Colombians that the Department wishes to make the maximum contribution to Colombia’s program and that any delays that may be involved in collecting and studying required information would appear to be warranted and, it is hoped, will not prejudice the nationalization program.

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