811.20 Defense(M)/13937a: Telegram

The Secretary of State to the Ambassador in Venezuela ( Corrigan )

524. For Eisenhardt from Metals Reserve. You are hereby authorized to act for Metals Reserve Company in the purchase of [Page 806] Venezuelan industrial diamonds in the amount of $300,000 at prices set forth in detailed instructions being airmailed you today. These prices will apply f.o.b. plane, Venezuelan airports and are the equivalent of prices currently being paid in Brazil. A letter of credit is being opened with Chase National Bank, providing for payment against Seller’s invoices, certificates of weight and inspection signed by Eskenazi43 and approved by you, and airline receipts. [Metals Reserve.]

  1. Leon Eskenazi, assigned to Venezuela by the Board of Economic Warfare in connection with the diamond purchase program.