824.6363 St 2/317: Telegram

The Minister in Bolivia (Caldwell) to the Secretary of State

9. Morning newspapers announce briefly that the Supreme Court decided unanimously yesterday “to declare the demands initiated by Standard Oil against the Government irregular and inadmissible on account of lack of juridical competence on the part of its representatives.”

Subject to more complete information later, my immediate impression, shared by local representative of the company, is that this decision is intended to leave all fundamental questions wide open for possible settlement by negotiation or arbitration.

Caldwell