822.51 Et 3/18: Telegram

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

21. Your 20, December 13, 4 p.m.

In reply to the President’s communication you will address a note to him stating that the contents of his communication having been transmitted to the Department you are directed by your Government to inform him that it has noted with satisfaction his assurances that the Ecuadorean Government will always respect and comply with its contracts.

Should you learn definitely that the loan contract is to be signed you will immediately request an interview with the President, or should he be absent from Quito, with the Minister for Foreign Affairs, and inform him that this Government will not view with favor the floating of such a loan in the United States.

Hughes