724.34119/324: Telegram

The Ambassador in Argentina (Weddell) to the Secretary of State

303. From Braden. My 300, Dec. 20, 7 p.m. We returned yesterday evening after a series of conversations with President Ayala and Minister for Foreign Affairs Riart. We secured a number of concessions which have been incorporated in a formula based on our Dec. 2nd proposal. We are favorably impressed with Ayala’s attitude and are convinced trip was well worth while.

We intend to submit the formula to the Bolivians this evening. While they may present certain objections, we think the formula should satisfy their legitimate needs and hope they will accept. [Braden.]

Weddell