Editorial Note

On March 1, 1950, the National Bank of Brazil issued a decree which required some freight and passenger charges payable to operators of vessels calling at Brazilian ports to be made in advance in cruzeiros. The United States Government recognized that the purpose of the decree was to conserve foreign exchange but claimed it to be incidentally discriminatory in favor of Brazilian flag carriers. The United States succeeded in obtaining partial revision of the decree in advance of its issuance, but the problem remained between the two countries for the remainder of the year. Files 900.5320, 900.5332, and 921.53 for 1950 contain detailed information.