124.24/7–247: Telegram

The Secretary of State to the Embassy in Bolivia


389. Urtel 623 June 30. No dollars available for acquisition properties in Bolivia. Necessary all payments be made in bolivianos under renegotiated Lend-Lease agreement for property and improvements. Further instructions follow authorizing Emb submit Depts recommendation for amendment to Lend-Lease agreement.96

Because of present conditions necessary obtain from Ernst lowest terms payment he will accept in bolivianos for sale present residence. If Ernst prefers not receive payment from Bolivian Govt suggest he agree payment be made in bolivianos in La Paz by a bank. Emb to authorize payment out of account in which Bolivian Govt has deposited bolivianos. Report.

  1. For text of the agreement, signed December 6, 1941, see Foreign Relations, 1941, vol. vi, p. 428.