Office of the Historian

740.34112 RP/7–1244: Telegram

The Chargé in Paraguay (Reed) to the Secretary of State

Asunción, July 12, 1944—5 p.m.
[Received, 9:11 p.m.]

387. The Undersecretary of Foreign Relations76 told me this morning that the President is interested in removing all the quebracho properties in Paraguay from foreign control and that instructions are being sent to Ambassador Velasquez to approach the Department with a view to an Export Bank loan for purchasing them.

Reed
  1. Mario Ferrario.↩