822.61334/130: Telegram

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

14. Department is informed by representative of Mercantile Bank of the Americas that an article in the Budget Bill recently presented to the Ecuadoran Senate, authorizes the executive to liquidate the Association of Agriculturists. The representative of the Bank states that this is contrary to promises made by the President of Ecuador. If the facts are as stated and you deem it advisable you are authorized to bring the matter to the attention of the President, pointing out the injustice of such a measure to the Bank. Report briefly by cable.