File No. 19654/1.
Chargé Wilson to the Secretary of State.
Buenos Aires, June 18, 1909.
Referring to the legation’s No. 121 of April 20, Mr. Wilson says the English cable proposition has been sent to Congress for approval, and he quotes the following clause which he says will seriously affect future development of companies already established or to be established:
If, for future necessities of the country or for other causes, the Government may decide on establishing new cables between the Argentine Republic and any other country, the companies I represent shall have preference on equal terms to establish them with a concession for a term of not less than 25 years.