740.34112A/9–2244: Telegram

The Ambassador in Paraguay (Beaulac) to the Secretary of State

537. The Minister for Foreign Affairs informed me this morning Paraguayan Government is desirous of cooperating in sense of Department’s circular telegram September 20, 5 p.m.80 I discussed with him in principle possible absorption by Bank of Paraguay of Banco Germánico and forced sale of spearhead Axis firms and he expressed a desire to discuss matters in detail. I said if temporary financing were needed to carry out some of these operations I should be glad to explore possibility of such financing by an agency of our Government.

Beaulac
  1. Ante, p. 530.