600.127/223: Telegram
The Secretary of State to the Chargé in Mexico (Summerlin)
117. Your 166, August 9, 2 p.m.
The American companies have appointed a committee composed of executives of five of the principal companies, which will communicate with the Department of Hacienda and Public Credit, with a view to arranging for a conference in Mexico City. The Department hopes that all differences may be settled amicably, and believes that if the Mexican authorities could see their way clear to suspend the operation of the decrees pending the effort at adjustment, it would have a very good effect upon the negotiations.
It is understood by the Department that the following persons will compose committee: for Standard Oil, President Teagle; Sinclair Oil Corporation, Sinclair; Mexican Petroleum, President Doheny; Texas, President Beaty; Atlantic Refining, President Van Dyke. Considering the standing of these men, decisions can be made there and they will possess full powers to function for all of the companies interested.70
- Last paragraph paraphrased.↩