103.9151: Telegram

The Chargé in Peru (Trueblood) to the Secretary of State

1307. Corson74 RDC [from] Losa. Value equipment supplies property plant and equipment available for sale to PAC75 totals 571,000 soles. PAC agreeable to purchase same at following payment terms, 171,000 soles cash upon immediate delivery, balance in four equal 60-day installments of 100,000 soles each covered by notes. Thus permitting collection total value maximum 8 months. Sale equipment supplies includes 3 million tapping cups for which no ready market due present heavy PAC stocks. Consider sale terms equitable and our [Page 1343] best interests. Recommend immediate authorization conclude sale these terms.76 [Losa.]

Trueblood
  1. H. G. Corson, Vice President, Rubber Development Corporation.
  2. Peruvian Amazon Corporation.
  3. According to a monthly report transmitted in despatch 954, February 4, 1946 (neither printed), an agreement was concluded in December by which the Corporation sold to PAC supplies, equipment, and other properties in Lima, Iquitos, Pucallpa, and Puerto Maldonado (103.9151/2–446).