102.8951 Rio de Janeiro: Airgram

The Secretary of State to the Ambassador in Brazil (Caffery)

A–113. For McAshan from Allen Rubber Development Corporation. Following is acceptance letter of the Commission for the Control of the Washington Accords dated January 26 signed by Dr. Bouças:

“Dear Mr. Allen: This serves to acknowledge your letter of today’s date,52 conveying, in its five points and addenda, the conditions agreed between us for payment, up to March 31, 1945, of the premium of 33⅓ percent on the ‘Fixed Price’ in force at present, as set forth in our agreements on rubber.

The various items of your communication cover all the points which have been under discussion since the 6th instant, and, merely as a matter of routine, I wish to confirm our understanding to the effect that the contracts between the EDC53 and SNAPP will continue to be in force except as to the part modified by No. 3 of item 2 (page 3).

I take this opportunity to express again to you and to the entire Board of the Rubber Development Corporation the warmest appreciation on our part of the spirit of cooperation which has ever governed our relations since 1942 and which has now once again been confirmed, constituting, without any doubt, a most effective and valuable contribution to the policy of good neighborliness.

[Page 607]

Your letter of January 26, in conjunction with this letter to you, constitutes a final agreement between us, which contents I am transmitting in due form to the Minister of Finance, President o| our (Commission in Rio de Janeiro, and which as stated in your letter is to be formalized by the exchange of notes between the appropriate Brazilian and American authorities in Brazil.

With the renewed expression of my highest consideration, I remain

Sincerely yours,

V. F. Bouças
Executive Director,
Commission for the Control of the Washington Accords”

[Allen]
Hull
  1. See supra.
  2. Rubber Development Corporation.