Although Mexico does not main-lain diplomatic relations with Spain, it is understood that an emissary from the Franco government recently sounded out the Cardenas government of Mexico with a view to exchanging manufactured goods for oil products. In the event that the deal is concluded, it is reported that Spain 90] will agree to relinquish any claim she may have against Mexico for the confiscation of property, belonging to Spanish nationals, and also any claims growing out of the Spanish civil war, After the conclusion of that conflict several of the Loyalist leaders fled to Mexico with a large amount of gold from the Spanish Treasury, as well as some valuable are objects.
When the British Intelligence Service found out that the deal affected at least twice as much oil a day as 25 had ever been sent to Germany or to Italy by Mexico, it is stated that the matter was reported to the United States Government.
Whether the deal will materialize is anybody's guess. It is believed that the United States Government will block it if possible.
Text read from the printed page and cleaned; old type leaves the occasional error.