832.51/1738: Telegram

The Ambassador in Brazil (Caffery) to the Secretary of State

82. My 79, March 1, 3 p.m. Upon checking more closely Aranha says that under his last offer dollar bondholders holding only 35.4% of the debt would receive 38.9% of the payment to be made; the respective percentages for the others would be: Sterling 60.8 and 58.4; francs 3.4 and 2.4; florins .4 and .3.

Caffery