No. 541.
Mr. Bayard to Mr. Guzman.

Sir: I have the honor to acknowledge your esteemed note of to-day, inclosing a copy of the convention which was signed at Guatemala on the 24th December, 1886, by the respective plenipotentiaries of Nicaragua and Costa Rica through the friendly mediation of the Government of Guatemala, stipulating that the question of territorial boundary between these two Governments under their treaty dated April 15, 1858, should be submitted to the arbitration of the President of the United States.

The President has been duly informed of the proposed submission of the question at issue between the Governments of Nicaragua and Costa [Page 911] Rica to his arbitrament, and I am instructed to communicate to you his willingness to accept the execution of the responsible trust to which he is thus invited by both of the parties interested.

The President will be prepared to proceed in the execution of the duty thus proposed to him, and to that end will receive their respective proofs.

Accept, etc.,

T. E. Bayard.