811.7331A15/25: Telegram
The Chargé in Venezuela ( Engert ) to the Secretary of State
[Received 10:35 p.m.]
172. Legation’s 162, October 3, 8 p.m.5 All America Cables has now received permit in writing to operate French cable to Venezuela and to lay new cable from La Guayra to Curaçao and thence to Maracaibo. Duration of nineteen to twenty years and the tax payable to the Venezuelan Government has been fixed at twelve and a half percent on the gross receipts exclusive of government messages. Company agrees not to charge less than government radio rate.
This brings to a successful conclusion negotiations since 1922 and gives Venezuela a modern cable service which for the first time links it up with All America System.
- Not printed.↩