824.50/174: Telegram
The Ambassador in Bolivia (Boal) to the Secretary of State
[Received 1:38 p.m.]
907. Referring to my 901, October 6, 6 [7] p.m., and my 904, October 7, 1 p.m.87 The Finance Committee of the Chamber of Deputies yesterday reported favorably the resolution on the Development Corporation in the form given in insert 3 of my 901. The Committee’s report specifically mentions that the approval in the revised form relieves the Chamber from the necessity of considering the text of the tripartite agreement,88 authorizes the Executive to sign the tripartite agreement and gives specific approval to the contract between the Bolivian Government and the Corporation.
Embassy hopes Department and ExImbank will find this form acceptable as the alternative would be long discussions and delay in functioning of Corporation. Understand Guachalla has been instructed to discuss matter with Department.