International records / Foreign Relations of the United States
Memorandum of Conversation, by the Second Secretary of Embassy in the United Kingdom ( Butterworth )
rue cost of production figure could be ascertained which would be profitable and acceptable to Bolivia, it would provide an ample margin for the other producers and he definitely stated that “it would provide an ample margin of profit for Malaya and Nigeria.” He added, however, that the currency position in Bolivia and the fact that tin ore was practically the only Bolivian export would make it necessary for the British Government to make safeguarding reservations as to its ability to accept any cost of production figure that might result from a Bolivian inquiry. As regards the figures given i…
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