832.51/1733: Telegram
The Ambassador in Brazil (Caffery) to the Secretary of State
[Received 9:45 p.m.]
74. Bouças14 has just informed me that he has just been told that press despatches from New York have been received here this evening that the Bondholders Council has rejected the Brazilian offer for resumption of payments on the foreign debt.
I assume that this is not accurate because surely the Council would understand that any publicity given to any action or decision of theirs in the premises before the Brazilian Government had received or considered their decision would seriously prejudice possible negotiations of theirs in future years. It is also needless to say the Brazilian Government would highly resent such publicity at this juncture. Bouças added that the censor is not permitting the above despatch to be published here at least for a few days.
- Valentim Fernandes Bouças, Brazilian financier.↩