833.51/900: Telegram
The Minister in Uruguay (Wilson) to
the Secretary of State
Montevideo, May 26, 1940—6
p.m.
[Received 9 p.m.]
83. My telegram No. 80, May 25.18 Guani19 today asked me to
transmit the text of the following memorandum, prepared by the Minister
of Finance,19a to my
Government with the request for a reply at the earliest possible moment:
- “1. Whether the Government of the United States is in
these moments considering the possibility that long term
credits might be granted to the American countries to
acquire material destined for national defense?
- 2. If in the affirmative: (a)
Within what period of time is it believed that such credits
could be placed at the disposition of the interested
countries? (b) If Uruguay should
immediately acquire such material, making use of a short
term credit granted by the Export-Import
[Page 1167]
Bank, could Uruguay later
close out this operation making use of a long term credit,
in order not to diminish its dollar resources needed for the
purchase of general merchandise imports from the United
States?”