825.506/21: Telegram
The Chargé in Chile (Hofer) to the Secretary of State
Santiago, November 17,
1927—5 p.m.
[Received 10:10 p.m.]
[Received 10:10 p.m.]
179. Ambassador’s telegram 138, September 21, 3 p.m. Insurance bill passed Senate yesterday with modifications, all of which according to Beausire, representative of Great American and Home Insurance Companies, are acceptable to foreign companies. Article 46 amended so as to permit insurance of properties in Chile with local branches of foreign insurance companies or if the risk is unacceptable the local companies may place insurance abroad without being subject to tax.
Hofer