File No. 822.124/292.
The American Minister to the Secretary of State.
[Telegram—Paraphrase.]
American Legation,
Quito, July 1, 1913.
Quito, July 1, 1913.
Americans will be given opportunity to obtain Guayaquil contract. Only American firm now competing is MacArthur Bros., New York. [Page 508] Government desires firm to take bonds at a prearranged price, but firm wishes to sell bonds in open market and credit proceeds without previously fixing price.
Schuyler.