824.6363 St 2/321: Telegram
The Acting Secretary of State to the Minister in Bolivia (Caldwell)
5. Your no. 12 [11], March 14, 4 p.m. It is believed that the Department’s position is fully explained in its no. 2 of February 3, 4 p.m. While the Department would welcome a friendly and equitable [Page 327] settlement of the differences between the Government and the Standard Oil Company, it would appreciate receiving further information regarding Guachalla’s ideas such as the source from which any suggestion of arbitration should come and its general scope. Recent reports lead the Department to believe that what apparently is contemplated at this time is some direct settlement rather than arbitration in the legal sense. Please clarify this point, if possible.