834.156/243
The Minister in Paraguay (Kreech) to the Secretary of State
[Received November 25.]
Sir: With reference to the Asunción Port Concession, I have the honor to report that, on October 20th, the President signed the law, passed at the last session of Congress, granting a concession to the Asunción Port Concession Corporation.
The Corporation’s representative, Mr. H. C. Mitchell, is obtaining the data necessary for the drafting of plans and is attending to the preliminaries for an early construction.
There is a general feeling of optimism and the desire for American capital to undertake the construction of a water works and sewage system, and needed railway extensions.
I have [etc.]