811.20 Defense (M) Bolivia/219

Memorandum by the Assistant Chief of the Division of Defense Materials (Cissel)

Reference is made to the note from the Bolivian Ambassador to the Secretary of State dated June 29, 1942, in connection with the amendatory contract entered into on that day by Metals Reserve Company providing, among other things, for an increase in the basic price paid [Page 555] by that Company for tin purchased from Bolivian tin producers. This will confirm that it is understood between the Governments of Bolivia and of the United States that, under the terms of the amendatory contract, exports of tin from Bolivia will be limited to the United States or to the United Kingdom except for the export of not exceeding twenty-five tons of fine tin monthly to Chile and except as may otherwise be agreed upon between the Governments of Bolivia and of the United States.