740.35112A/10–2545: Telegram
The Chargé in Argentina (Cabot) to the Secretary of State
[Received October 25—6:30 p.m.]
2663. Re Embassy’s telegram 1860, August 14, 9 p.m. Embassy during last 2 months has refrained from pressing Argentine Govt, for sale of Axis firms as this would require prior Argentine vesting, which action might be considered contradictory to possible ACC (Allied Control Commission) vesting. Dept.’s circular airgram of Sept 28, 194570 indicates that PL (Proclaimed List) may be withdrawn in February 1946. If so, this might cause loss of interest in local replacement program. Furthermore, Dept.’s telegram 1434, Oct. 12, 8 p.m.71 indicates improbability of attaining ACC vesting for Argentina without consultation and approval of other American Republics. Therefore Embassy deems it now advisable to express to Argentine Foreign Office our Govt.’s concern over Argentina’s procrastination in complete elimination of Axis commercial firms by forced sale or liquidation, especially in view of constantly reiterated statements by Argentine Govt, officials that Argentinization of German firms is ultimate goal of their replacement program. If ACC eventually claims title to German external assets in Argentina after Argentine sales, ACC can still vest blocked proceeds of such sales. Embassy desires urgently authorization from Dept. for transmittal of such note to Foreign Office.