611.2231/183: Telegram
The Minister in Ecuador (Gonzalez) to the Secretary of State
[Received August 1—10:12 a.m.]
42. A decree dated yesterday repeals impounding of the proceeds of exports; provides for the payment of irrevocable credits and guarantee deposits for imports at the old official rate of exchange; requires the payment in dollars of the customs charges on shipments arriving from the United States after 10 days, rate of conversion of the charges to be fixed by the Minister of Finance but the dollars to be obtained in the free market; and authorizes unrestricted importation of specified articles, other articles to be permitted under license.
In view of the collection of customs charges in dollars it would seem desirable to provide for the binding of the same in the contemplated treaty.
[Page 497]The lines [list?] of unrestricted imports comprises so-called indispensable articles and only 16 of the 45 items on Schedule I are included. While it was found that liberal treatment will be granted American exports not included therein, it would be well to incorporate assurances on this point in the treaty.
Please answer by telegraph.