710.J/4–3048: Telegram
The Ambassador in Colombia (Beaulac) to the Acting Secretary of State
Delbog 140. Daily Report No. 24 (for April 29). Economic committee finished work approving rest of economic agreement and several miscellaneous resolutions thus completing all substantive work of conference. Cuban proposal on economic aggression in same terms as had been approved for Organic Pact was included in Chapter I (principles). Subcommittee text of Chapter II (technical cooperation) approved with Mexican amendment permitting a country to refuse to [Page 69] provide information. Chapter III (financial cooperation) adopted together with US proposal to amend article 14 C to read “American states in accordance with provisions of Article 6 agree to extend financial cooperation TEC” and Mexican amendment deleting words in Article 15 relating to private foreign capital. Efforts to provide for progressive reduction double taxation and subject of taxation in general referred to IA–ECOSOC. Cuban amendments to Chapter IV providing annual vacations with pay and protection to workers against arbitrary dismissal were adopted US opposing and filing reservations. Among resolutions approved were US resolution on natural resources conference, resolutions providing for study by IA–ECOSOC of IA Institute of Commerce, IA Bank, IA Development Corporation and air mail rates for books. Buenos Aires selected as seat of special economic conference. Final plenary session Friday morning and signing ceremony at Quinta de Bolivar Friday afternoon.1
- April 30.↩