811.20 Defense (M) Bolivia/291d: Telegram
The Secretary of State to the Ambassador in Bolivia (Boal)
459. In view of the great difficulties encountered by you in your negotiations, it is the view of the Department that you have achieved [Page 549] a major accomplishment in securing the signature of the rubber agreement and your efforts in this respect have been very much appreciated.
In view of the favorable outcome, the Department is prepared to obtain serious and sympathetic consideration here of the revision of the tungsten agreement suggested by the Minister of Economy. In substance the suggested revision involves a change in price to $24 f.o.b. Chilean ports and an extension of the agreement for 3 years beyond its present termination. Your views on the merits of the suggested revision are requested.