File No. 422.11G93/974
The Secretary of State to the Minister in Ecuador ( Hartman)
Sir: With reference to the Department’s telegram which was sent to you on December 6,2 regarding the exportation of 14,000 tons of cacao from Ecuador and the payment of the proceeds of the sale of this cacao on the coupons1 of the Guayaquil & Quito Railroad Co.’s bonds, there are enclosed for your information translation of a note dated August 21, from the Minister of Ecuador, and the answer of the Department thereto, dated November 29.
The Minister’s note reads in part:
In order to make possible the complete payment of these coupons,1 the Government of Ecuador proposes that it be permitted to export to the United States all the cacao which is actually stored in Ecuador, which is about 14,000 tons. The price of sale would be used for the entire payment of the coupons,1 which payment amounts to $859,740.
In the Department’s note of November 29, the following statement is made:
The Government of the United States is pleased that the Government of Ecuador will now make a payment covering the entire amount due on the coupons1 of the Guayaquil & Quito Railroad Co.’s bonds, thus fulfilling its obligations to this American company.
You are instructed to visit the Minister for Foreign Affairs immediately and give him copies of the two notes enclosed, requesting him at the same time to inform you whether the payment of the $859,740, has been made. If this payment has not yet been made, you will ask the Minister for Foreign Affairs to be so good as to cause it to be paid at once.
[Page 426]You are further instructed to cable the Department the result of your interview.
I am [etc.]