102.78/8–2947: Telegram

The Acting Secretary of State to the Embassy in Argentina

secret

808. From Agriculture. Short U.S. corn crop and critical bread grain deficits Europe require U.S. explore possibilities acquiring large amount corn elsewhere during Sept–Dec. Agriculture interested purchase as much 16 million bushels (400 thousand L.T.) corn Argentina for delivery countries where U.S. has responsibility. Most would be used Germany and release equivalent wheat other countries.

Inform soon estimated amount corn available U.S. purchase, probable price, likely availability dates. This can be discussed with top officials, but urge secret basis this stage. Investigate possibility single purchase agreement Government covering entire amount. [Agriculture.]

Lovett