740.00112A European War 1939/22041: Airgram

The Secretary of State to the Ambassador in Bolivia (Boal)

A–238. Reference your undated despatch no. 94214 concerning a general policy with respect to the sale, purchase or lease by acceptable firms or persons of property belonging to Proclaimed List nationals.

The Department believes that it is not practicable to attempt to formulate any precise principles governing the type of situation referred to in the Embassy’s despatch under reference. The consideration referred to by the Embassy, to wit: the unusual economic value of goods and commercial properties in Bolivia during the present curtailment of international trade, should be weighed against the undesirability of permitting Proclaimed List nationals to dispose of properties which have a depreciating value, due to their inclusion in the List, for cash which may be used for pro-Axis activities and in the light of all other considerations. Cases of this nature will probably have to be dealt with largely on an ad hoc basis and the Embassy is therefore requested to report the pertinent facts of each case to the Department.

Hull
  1. Not printed; actually, the despatch was dated December 9, 1942.