822.51 Et 3/30: Telegram

The Minister in Ecuador (Bading) to the Secretary of State

3. Department’s telegram 21, December 17, 6 p.m. Reliably informed that President authorized Ecuadorean Minister at London to sign loan contract. Department’s instruction 2nd paragraph of above-mentioned cable carried out.

President-elect22 strongly opposed to contract. Detailed report mailed.23

  1. Gonzalo S. Córdova, who succeeded President Tamayo on Aug. 31, 1924.
  2. Despatch not printed. The proposed loan between the Government of Ecuador and the Ethelburga Syndicate, Ltd., was not concluded.