811.20 Defense (M) Bolivia/112

The Bolivian Ambassador (Guachalla) to the Acting Secretary of State

Excellency: I am pleased to inform Your Excellency of the signing of a contract for eleven months, to December 31, 1942, between [Page 543] Metals Reserve Company and the Banco Minero and Mauricio Hochschild, S.A.M.I., dated March 18, 1942, covering all Bolivian antimony and antimony lead concentrates and ores except as specified.60 I have the honor to inform Your Excellency that my Government fully approves this contract and guarantees the fulfillment of the provisions.

I have added my signature to the contract to which the Banco Minero is a party in accordance with special instructions received from that important institution in my country which in turn represents according to Law, Bolivian enterprises in their relations abroad.

My Government will effect the necessary control over exports by prohibiting the export of antimony and antimony-lead concentrates and ores, in accordance with the authority granted to the Minister of Finance61 by the decree of the President of Bolivia promulgated July 31, 1941, except to the United States, the United Kingdom or to purchasers in the other American Republics having parallel systems of export control.

Please accept [etc.]

Luis Guachalla
  1. In a note of March 25, 1942, the Ambassador gave notice of the signing of a similar contract covering copper (811.Defense (M) Bolivia/128).
  2. Joaquín Espada.