| Description | Financial relations with European neutrals: Switzerland, Sweden, Spain and Portugal. United Kingdom's (UK) shortage of foreign exchange. Correspondence, cables, notes of meetings in Whitehall and Madrid. Forecasts of UK balance of payments with Spain. Plans for joint UK/US purchases; consequences for Anglo-Spanish clearing. Reports by Ellis Rees, financial adviser to UK Ambassador in Madrid. Meetings of Anglo-American Economic Committee in Madrid. Particular problems of wolfram, wool, skins, cotton, rubber and petroleum. Also, Financial difficulties of the UK Commercial Corporation, folio 113c; buying temporarily suspended. |