The Minister in Paraguay ( Howard ) to the Secretary of State

No. 258

Sir: I have the honor to refer to the fund of 2,400,000 Argentine pesos paid by the Bolivian Government to the Paraguayan Government which is now on deposit in Buenos Aires, having been turned over to that latter Government in connection with the termination of the repatriation of prisoners, and to inform the Department that in a conversation with Dr. Stefanich, the Minister for Foreign Affairs, this morning, he stated that this sum would be placed in the Banco de la Republica to be used for conversion and for stabilizing the Paraguayan paper peso.

Respectfully yours,

Findley Howard