812.77/1199: Telegram
The Chargé in Mexico (Boal) to the Secretary of State
Mexico, June 29, 1937—7
p.m.
[Received 9:28 p.m.]
[Received 9:28 p.m.]
172. Referring to Department’s telegram No. 121, June 24, 6 p.m. Informal information obtained today from General Mugica is to the effect that valuation for indemnification purposes will be made on the basis of “real value” and not taxable value. Work on estimates of values is still going on and it cannot of course be determined at this time what Government evaluators will consider to be “real value”.
Boal