File No. 422.11G93/973
The Minister in Ecuador ( Hartman ) to the Secretary of State
Department’s August 16, 5 p.m. I informed Department in my telegram of August 14, 4 p.m., of resumption of deposits by Ecuador August 8 and to-day asked information of the Minister for Foreign Affairs as to the limitation on resumption and exact amount. Following memorandum just received signed by Undersecretary, Ministry of Hacienda.
By executive order issued on the 8th instant, the Treasurer of Guayaquil was ordered to deposit in the Banco Commercial y Agricola of Guayaquil approximately 1,000 sucres daily on account of the revenues of importation assigned to the service of the Guayaquil & Quito Railway bonds; amounts which are being scrupulously deposited and will be applied to their proper purpose.