No. 117.
Mr. Roberts to Mr. Bayard.
Legation of
the United States,
Santiago, November 11, 1886. (Received December 20.)
No. 100.]Santiago, November 11, 1886. (Received December 20.)
Sir: Chili is about to convert her foreign debt, amounting to $30,000,000 into 4½ per cent. interest-bearing bonds, which she has negotiated with Rothschilds of London at 96 net.
By this conversion Chili will save annually in interest $1,455,733.
I have, etc.,
William R. Roberts.