821.6363/487: Telegram

The Chargé in Colombia ( Matthews ) to the Secretary of State

117. My 116, October 1, 6 p.m. I have just been informed that Espectador’s information is correct and report was read in House of Representatives this evening, creating much excitement. Only one member of the committee did not sign the report. He stated that he has information which will make cancelation Tropical concession even more imperative. After heated debate, including extravagant statements to the effect that this billion dollar concession would now return to Government, action was postponed until Wednesday, when aforesaid member is to present his report.

Tropical representative has given out statement expressing company’s surprise at such action after investing millions in good faith in a concession approved by the present President in 1919, adding that only the courts may effect cancelation of concession.

Matthews