740.24112 RP/56: Telegram
The Chargé in Bolivia (Woodward) to the Secretary of State
[Received February 20—1:50 a.m.]
514. The regulatory decree law implementing the expropriation decree law of February 9 and providing the procedure to be followed in the expropriation and transfer of Axis firms was approved and signed by the Junta February 18. Victor Andrade31 handed me a copy of the document last night and a translation is being forwarded in the courier pouch which left here February 19. The decree contains 28 articles and provides in considerable detail all steps to be observed in the expropriation and transfer procedures. It does not, however, provide a procedure for financing the expropriations and in this connection expressly provides that the financial pattern to be followed will be provided for in a subsequent decree. Andrade informed me that the Junta is satisfied with the decree but will not promulgate it until it has determined the suitable and constitutional procedure to be followed in financing transfers.
[Here follows summary of decree.]
- Minister of Labor and Health.↩