The Archive · 1940

Guarantees and Control

They asked the government fo: and received, certain guarantees, as well as for the control of the company. About two months ago United States Steel informed Brazil that the deal was off, giving as the reason that it was against the policy of that company to invest in foreign enterprises. Failure of the proposal was due to a conflict between liberal and conservative groups with the management of the Steel Corporation, according to the reports received here.

Text read from the printed page and cleaned; old type leaves the occasional error.

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