422.11 G 93/1193

The Minister in Ecuador ( Hartman ) to the Secretary of State

No. 706

Sir: By way of supplement to my despatch No. 705, of August 12, 1921,21 I have the honor to advise the Department that it has been brought to my knowledge that the sum of 390,000 sucres was withdrawn during the latter part of July from the amounts deposited with the Banco Comercial y Agricola by the Government of Ecuador on account of interest on the Railway bonds.

I have also been informed that the withdrawal was made by the Minister of Hacienda without the knowledge of the President, and that the sum withdrawn will be replaced in a few days. I will advise the Department of further developments.

I have [etc.]

Chas. S. Hartman
  1. Not printed.