The Ambassador in Brazil (Caffery) to the Secretary of State
[Received 5:32 p.m.]
1135. Embassy’s telegram 1047, March 20, 7 p.m.87 The Minister of Finance has agreed to recommend to President Vargas termination of the coffee agreement and the ship deal. The latter was referred to him because of its connection with the coffee transaction. He promised to send the papers to the Foreign Office and President Vargas next week.
Both the Minister of Finance and Penteado, who is scheduled to arrive in Washington within a few days, are greatly concerned over a probable increase in coffee quotas.…
- Not printed.↩