824.512/47: Telegram
The Minister in Bolivia ( Feely ) to the Secretary of State
La
Paz
, September 7, 1932—3
p.m.
[Received 3:19 p.m.]
[Received 3:19 p.m.]
75. The Chamber of Deputies in secret session yesterday passed, and the Senate will undoubtedly approve, the 1 percent tax on capital, referred to in my telegram 72, September 1, 4 p.m.,1 the proceeds to be used for the national defense. Such a levy on foreign capital invested in Bolivia would apparently be in violation of existing treaties, and would directly affect Patiño Mines, Grace & Company, Guggenheims, Bolivian International Mining Corporation, and others.
Feely
- Not printed.↩