852.75 National Telephone Co./417a: Telegram

The Secretary of State to the Ambassador in Spain ( Hayes )

877. In view of urgency of ITT matters now pending with Spanish Government and of possibility that delaying tactics may be employed deliberately, you are requested to ask the Spanish Government to furnish you, in reply to your note supporting the ITT complaints and claims, its assurance that the complaints and claims will be examined and given prompt consideration in the light of the terms of the concession, and that pending a final decision neither the present majority stockholder position of ITT nor the present CTNE position will be affected or disturbed by any demands of the Government. It is felt [Page 425] that without some such assurance the properties and interests of the ITT are not safeguarded in a manner to permit continuing negotiations in an orderly fashion.