Washington, July 15.
An agreement under which the United States Government sold $00, 000,000 of gold to Brazil was signed by the Secretary of Treasury, Mr. Henry Morgenthau, and the Brazilian Minister of Finance, Senhor Arthur de Souza Costa, to-day.
The purpose of the transaction was io make dollar exchange available to Brazil to -promote stabilization of conunercia! relations between the two countries.
The Secretary of State, Mr. Cordell Hull, announced that the reciprocal trade agreement between the United States and Brazil was being continued for the two-fold purpose of proving the United States' "Yankee trading policy" was workable and of assisting Brazil to establish a modern banking system.—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.