825.24/1159: Telegram
The Ambassador in Chile (Bowers) to the Secretary of State
[Received July 3—5:14 p.m.]
1200. Department’s 677, June 29, 9 p.m.11 Following changes agreed to: Paragraph 2 now reads “The definition of essentiality shall be in accordance with the regulations of the War Production Board of the United States. Exhibit A which forms an integral part of this agreement, lists the articles which, in accordance with the present rules of the War Production Board, shall not be made of copper or its alloys. Any changes made by the War Production Board in making [having?] further restrictions put on the list shall not affect this agreement except by the consent of the Chilean Government.” In paragraph G add “This consumption will not be included in the quota set for the internal consumption of Chile”. Paragraph H deleted. Paragraph I deleted. A new paragraph is added: “Copper inventories of industrialists will be limited to the requirements for essential uses for 30 days”.
At a meeting held today Pedregal agreed to above and will confer with President Rios Monday with a view to signing the agreement July 5. Unless instructed to the contrary I will exchange notes confirming agreement on July 5.
After notes have been exchanged we have agreed that export licenses for Fomento rolling mill and wire drawing machine will be approved. A second note from Chilean Government will state that it is not the intention of the negotiators to create any unemployment because of the copper agreement and a Chilean Committee will be appointed to supervise period necessary to institute restrictions.
- This telegram (not printed) gave detailed modifications of the copper agreement (825.24/1129).↩