No. 545.
Mr. Bayard to Mr. Guzman.

Sir: I have the honor to acknowledge the receipt of your note of the 1st instant, saying that the treaty lately signed by the Presidents of Nicaragua and Costa Rica, for the settlement of their boundary dispute, had not been ratified by the Nicaraguan Congress, and that consequently recourse to the friendly arbitration of the President of the United States might yet be required to effect a satisfactory and permanent adjustment of the matter.

Accept, etc.,

T. F. Bayard.