The Ambassador in Argentina ( Armour ) to the Secretary of State
[Received 6:40 p.m.]
17. Reference Embassy telegram No. 2850 of December 8, 5 p.m.49[Page 392]
Following fruitless efforts to secure funds for future operations from Banco di Napoli, Italcable51 closed its doors to the public on December 31. Its Argentine employees, numbering some 20, are being given employment by the post office, the state merchant fleet, “Transradio”,52 and Unión Telefónica; this is being done at suggestion of Department of Labor.
Repeated to Montevideo.