| 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, Cameron Fromanteel Cobbold's assessment, 2 Dec 1942, folio 9. New joint UK/US buying plan - Ellis Rees's general assessment of German/Spanish relations 1939-42, 31 Dec 1942, folio 95. |