740.35112 RP/8–345: Telegram
The Secretary of State to the Ambassador in Argentina (Braden)
1051. Emb may authorize or license Arg, US, UK and other satisfactory firms, write expired or canceled insurance for Axis firms which are in process liquidation or nationalization and which are under control Arg liquidating committee. (Ur 1753, Aug 3, 1778, Aug 641). Policies and authorization should be subject cancellation in event liquidation or nationalization not accomplished within specified period (ur 1364, June 2842). Brit referring to London anticipate concurrence.
Such insurance unlike general licensing (ur 1364) and trademarks (ur 1707, July 31) considered separable from Replacement. Denial insurance PL firms under urgent consideration. Cable follows.
Emb should in so far as possible avoid taking affirmative action re replacement program which might seem inconsistent with possible claim to Ger assets in Arg by Allied Control Commission. It is hoped definite decision can be reached soon.