822.6341 South American Development Co./58a: Telegram

The Secretary of State to the Chargé in Ecuador (Gade)

8. The representatives of the South American Development Company discussed with the Department this afternoon the problems confronting them. They indicated a willingness to consider sympathetically the urgent financial needs of the Government and to attempt to work out an arrangement satisfactory to all concerned. However a period of 2 weeks will be required for full consideration by the Board of Directors and for Tweedy’s return to Ecuador when he will be prepared to discuss with the Government all aspects of the problem. You are therefore requested to express to the Minister for Foreign Affairs the earnest hope of this Government that the President will find it possible to grant the necessary extension of time.

Hull