The Acting Secretary of State to the Minister in Ecuador (Boding)
Washington, May 9, 1925—6 p.m.
12. Department has received letter directly from Mercantile Bank of the Americas stating that a settlement has been reached substantially as given in your 15, May 6, 4 P.M.
You should, however, continue to report promptly by cable any important developments affecting this case.10
- On May 18, 4 p.m., the Minister informed the Department that an agreement between the Mercantile Bank and the Association of Agriculturists had been signed on May 15 (file No. 822.61334/178).↩