811.6354/695

Memorandum by the Chief of the Division of the American Republics ( Duggan ) to the Adviser on International Economic Affairs ( Feis )

Dr. Feis: I have read with interest your memorandum of conversation with Sir Owen Chalkley on the Bolivian tin situation. I was somewhat amazed at his bland disregard of the Bolivian needs. His statement that the purchase of Straits’ tin would require no dollar exchange indicates that Great Britain hopes to be able to purchase Bolivian tin without exchange. Just how does he expect Bolivia is going to live?

I agree that probably Patiño is behind this maneuver but I frankly do not find it at all relishing that the British should be so completely impervious to the needs of Bolivia.21

Laurence Duggan
  1. The following notation appears at the bottom of this memorandum: “Mr. Duggan: Pinsent [Mr. G. H. S. Pinsent, Financial Counselor of the British Embassy] came to see me later on the same subject & I brought out your point more clearly. H[erbert] F[eis].”