824.6363 St 2/505

The Acting Chief of the Division of the American Republics ( Bonsal ) to the President of the Standard Oil Company of New Jersey ( Farish )

My Dear Mr. Farish: Please accept my thanks for your letter of December 16, 1940 enclosing a copy of a proposed formula for a settlement of the difficulties between the Standard Oil Company of Bolivia and the Bolivian Government. Your continued cooperation is greatly appreciated and the suggested formula and your comments are being carefully studied in the Department.

Sincerely yours,

Philip W. Bonsal