824.00/762: Telegram

The Chargé in Bolivia (Muccio) to the Secretary of State

28. My telegram May 22, 7 p.m. Members of the Junta took oath May 23, noon. Toro stated that faith of the nation was due to treaties and foreign rights and that nation’s economy needed strengthening within purely socialistic standards. Enrique Baldivieso, in charge of foreign relations, reiterated Bolivia’s respect for all treaties, that Junta’s socialistic creed is purely Bolivian not inspired by universal formulae, that Bolivia is not prepared for full socialism, needs foreign capital which will enjoy full guarantees.

Repeated to Buenos Aires.

Muccio