822.00 Revolutions/74: Telegram

The Minister in Ecuador (Gonzalez) to the Secretary of State

50. Chile and Mexico have recognized new Ecuadorian Government and Peruvian Minister advises his Government and Colombia are doing so today. Insinuations prevail as to delay of United States in recognizing.

Government has now openly stated that it will cooperate with the Socialists. Socialists appointed Ministers of Social Prevision [Page 537]and Education and 180 Socialists have been appointed to important provincial posts.

The partial exchange control has been abolished by decree and money now on deposit in Ecuadorian banks is to be at disposal of foreign creditors in sucres instead of dollars as previously provided.