¦  ' BRITISH BMBA33T.
wA8HIX0T0», D* C.,
December 18th, lWw
Ho. 1408 E
My Lord,
Z have the honour to transmit herewith copies
of a State Department press release giving the text of
the Final. Act of the first meeting of the Finance
Ministers of the American Republics which was held at
Guatemala from the 14th to the 21st November* in
accordance with Recommendation No* LXXV of the Pan-
American Conference at Lima*
2* Apart from Resolution III, about customs
nomenclature and procedure, which may perhaps lead to
something concrete, the resolutions adopted at
Guatemala seem to be strictly-platonic.
3. From a brief conversation between the
Financial Counsellor of this Embassy and the head of
the Latin-American Division in the State Department
it appears that Resolution VIII was devised as a mode
of escape from the South American enthusiasts who
wanted to discuss a common monetary unit for the
Americas wit ho it proper knowledge of the subject* The
United States Treasury* it is understood, regard this
resolution as meaningless and therefore as harmless*
4* I am sending copies j>fthls despatch to His
Majesty's Minister at Guatemala and to the Department
of Overseas Trade*,
I have the honour to be,
with the highest respect,
My Lord,
Your Lordship' s most obedlen
humble servant,
(3AD) LOTHIAN
The Right Honourable
The Viscount Halifax, K.(J*,
etc*,        etc.,
etc*
GHSP: PRHM: ACEM: DH
HUM.