800.515/1–246: Telegram

The Chargé in Argentina ( Cabot ) to the Secretary of State


4. For Treasury. Following is response their inquiries Deptel 1779, December 13, 6 p.m.1

German banks and insurance companies are in process of liquidation under Ministry Finance and show substantial progress toward final disposal. These are only German concerns not directly under control of Junta de Vigilancia.…
Present interventors in German concerns, numbering some 150 were mainly selected by Fiore and Adrogue2 in whom Embassy has confidence. Although Embassy has made no detailed investigation personal history each interventor, it considers them generally satisfactory.
Embassy considers Junta making every effort effect satisfactory replacement undesirable German personnel and technicians in firms under its control. Junta submits to Embassy lists all employees each firm placed under control which lists are checked against Embassy records. Thereafter any person found objectionable to Embassy is dismissed and is not reemployed in any firm under Junta control. After dismissal by Junta any further action such as detention or repatriation of objectionable persons is responsibility of Ministry Interior. Some such dismissed persons are being employed by firms already on P L but not controlled by Junta. Embassy has received no claim by Argentine authorities that any person found objectionable by Embassy and recommended by it for dismissal is irreplaceable.
  1. Not printed.
  2. Luís Fiore and Carlos A. Adrogué successively headed the Argentine governmental agency having oversight of Axis companies, the Junta de Vigilancia.