convenient to contribute toward the operation proposed, and what may be found wanting to complete the sum of 500,000 soles the Peru and London Bank will add. 2. The Peru and London Bank will deliver at the national mint the said sum of 500,000 soles to be converted into ingots. 3. The Peru and London Bank will forward the said bars to its London agents that they may be sold at the best possible price obtainable for the Government account, free from all expense, excepting the agent's commission of one-half per cent, which is the customary commission for transactions of this nature. 4. After the selling of the bars the agents of the Bank of Peru and London shall remit the sum obtained, in pounds sterling, to the Lima office, and immediately on receipt of the same by the Bank of Peru and London at Lima, it shall place them at the Government's disposal. The Government will refund such part as each bank shall have contributed toward the demonetization, either in pounds sterling at 10 soles to the pound or in entire silver soles, at the election of each of the contributing banks. 5. As soon as the ingots are sold the Peru and London Bank's agents shall telegraph to the Lima office the net yield obtained, and as soon as the loss be known the Government will order the payment of the same by the National Revenue Collecting Company to the Bank of Peru and London. 6. The said payment shall be made by quarterly installments of 30,000 soles or £3,000, at the Government's option, on account of the quarterly profits resulting to the benefit of the Government on the settling of the accounts with the National Revenue Collecting Company, the first amortization to occur on the 30th of next June. 7. The amount the National Revenue Collecting Company pay to the Peru and London Bank on loss account shall draw 8 per cent interest per annum, the amount being proportionately reduced as the extinction of the debt contracted on the 3d of the present month of March until its total cancellation. 8. That part of the 500,000 soles repaid by the Government to the banks in pounds sterling, or be it the product of the sale of the 500,000 soles reduced to bars and sold in London, will be exempt from the payment of interest. 9. The Peru and London Bank engages to deliver to the other banks, free of commission charges, their respective parts, both of the gold obtained from the sales and also that received from the National Revenue Collecting Company. 10. The minister of finance, manager of the finance department, the president of the Lima Chamber of Commerce, and the bank managers all admit the necessity of directing their efforts in such manner as shall bring about the most speedy, complete, and regular circulation of gold possible. For the Peru and London Bank: For the Italian Bank: For the International Bank of Peru: For the Popular Bank of Peru: WARD. HERACLIDÉS PÉREZ. J. PAYAN, Managing Director. JUAN S. FIGARI, Manager. ALFREDO BENAVIDES, Manager. A. GARCIA Y LASTRES, Manager. Whereas the foregoing act: In execution of the resolution of January 17 last for the demonetization of 500,000 soles, and 100,000 having already been smelted down, in conformity with the ministerial resolutions of February 5 and 13, it is resolved to approve and carry out the agreement made by the minister of this branch of the Government and the managers of the Peru and London, the Italian, the International of Peru, and the Popular banks, the president of the Lima Chamber of Commerce being also present, to effect the demonetization ordered on January 17 last, it being understood that the present smelting down is to be of 400,000 soles. Let this be registered, made known, published, and placed in the archives. [The rubric of His Excellency.] WARD. No. 611.] Mr. Dudley to Mr. Hay. LEGATION OF THE UNITED STATES, SIR: Referring to Mr. Neill's No. 564, of the 18th of January last, I have the honor to transmit herewith two copies and a translation of a resolution of the ministry of finance under which the second 500,000 soles authorized by the law of December 14, 1901, to be converted into bar silver for export in the purchase of pounds sterling are now being melted at the Lima mint. The purpose of these measures, as has been heretofore reported, is to maintain the silver sole at its coinage value of 24 pence, corresponding to an equivalency of 10 soles to the pound. I have, etc., IRVING B. DUDLEY. [Inclosure.-Translation.] Demonetization of silver coins. The following resolution has been issued by the finance department: LIMA, May 17, 1902. In view of the petition No. 39 in which the Lima bankers, merchants, and agriculturists request another smelting of silver soles; in virtue of the verbal offer of the banks, and the decision taken by the council of ministers, it is resolved: First. That 500,000 (entire) silver soles shall be demonetized. Second. The Italian, International, and Popular banks shall deliver to the Peru and London Bank the amount of silver soles it will suit them to contribute toward the said smelting, and the Peru and London Bank shall add from its own funds the necessary amount to complete the sum of 500,000 soles. The Bank of Peru and London shall deliver to the national mint the said sum of 500,000 silver soles, there to be converted into ingots. Fourth. The said bars shall be remitted by the Bank of Peru and London to its London agents, to be sold by them for the account of the Government, at the best price obtainable, free of all commission except the half per cent customary in this class of transactions. Fifth. On the bars being sold the agents of the Bank of Peru and London shall remit to its Lima office the product of the said sale in pounds sterling, and immediately on the arrival of the said remittance at Lima the Bank of Peru and London shall place the same at the disposal of the supreme Government. The proportion contributed by each bank for the demonetization will be paid by the Government as it desires, either in pounds sterling, at 10 soles for each pound, or in whole silver soles. Sixth. The London agents of the Bank of Peru and London shall, immediately on effecting the sale of the ingots, telegraph to the Lima office the net product obtained, and as soon as the loss incurred be ascertained the Government will order the reimbursement of the said loss to the Bank of Peru and London by the National Revenue Collection Company. Seventh. This payment shall be made by quarterly installments of 30,000 soles, or £3,000, at the election of the Government, and shall be charged to the account of the profits shown by the National Revenue Collection Company's quarterly balance sheet in favor of the Government; the first installment to be paid on May 31, 1903. Eighth. The amount paid by the National Revenue Collection Company to the Bank of Peru and London on loss account shall earn 8 per cent interest per annum, to begin on the 13th of the present month of May, and shall continue until the total extinction of the debt. Ninth. The part of the 500,000 soles refunded by the Government to the banks, respectively, in pounds sterling-or be it the product resulting from the sale in London of the said 500,000 soles, reduced to ingots-shall earn no interest. Tenth. The Peru and London Bank shall undertake to pay to the other banks both the proportion of gold resulting from the sale which to each of them may be due, as also of the amounts received from the National Revenue Collection Company, without receiving any commission whatever. FR 1902, PT 1—57 Eleventh. Let the respective expenditure items that will be incurred by this resolution appear in the budget project for the year 1903. Let this be registered, notice of the same be given to the banks, and their acceptance of the same be expressed; let this be made known, published, and deposited in the archives. [Rubric of His Excellency.] WARD. PROTECTION OF CUBAN INTERESTS BY UNITED STATES CONSULAR OFFICIALS. Mr. Dudley to Mr. Hay. No. 612.] LEGATION OF THE UNITED STATES, SIR: I have the honor to acknowledge the receipt of your telegram instructing me to ask this Goverment to permit United States consular officers within its jurisdiction to use their good offices in representation of the interests of Cuba and of its citizens until Cuban consuls shall have been appointed. I have brought the matter to the attention of Dr. Chacaltana, the Peruvian foreign minister, both verbally and by a note to which, after submitting the question to the President, he has replied, communicating the assent of his Government to the arrangement. Copies of our notes, including a verbal note I felt constrained to send the minister as a reminder, are herewith inclosed. I have notified Consul Herdliska at Callao of the granting of the permission, and have requested him to notify the consular agents of the United States under his jurisdiction. I have, etc., IRVING B. DUDLEY, [Inclosure 1.] No 227.] Mr. Dudley to Señor Chacaltana. LEGATION OF THE UNITED STATES, MR. MINISTER: At the request of the President of Cuba, the Secretary of State of the United States has instructed me by cable to ask the Government of Peru to permit United States consular officers within its jurisdiction to use their good offices in representation of the interests of Cuba and of its citizens until Cuban consuls shall have been appointed. In respectfully preferring this request, I beg to express the hope that it may be found practicable to grant it, and have the honor also to avail myself, etc., IRVING B. DUDLEY. [Inclosure 2.] Mr. Dudley to Señor Chacaltana (note verbale). LEGATION OF THE UNITED STATES, The envoy extraordinary and minister plenipotentiary of the United States of America presents his compliments to his excellency the minister for foreign relations of Peru, and most respectfully begs to remind him of his several offers to make a Printed, page 6. answer, in each case the following day, to the former's note No. 227 of May 26, 1902, addressed to the ministry pursuant to telegraphic instructions from Washington, and relating to the use by United States consular officers in Peru of their good offices in representation of the interests of Cuba and Cuban citizens. The immediate receipt of the promised answer would be very greatly appreciated, and enable the writer to fulfill his instructions. Irving B. Dudley has the honor to tender to Dr. Don Cesáreo Chacaltana the assurance of his high and distinguished consideration. No. 17.] [Inclosure 3.-Translation.] Señor Chacaltana to Mr. Dudley. FOREIGN OFFICE, Lima, June 6, 1902. MR. MINISTER: I have had the honor to receive your excellency's note No. 227 of the 26th of May last, in which you request in the name of your Government that the consular officers of the United States be permitted to use their good offices in representation of the interests of Cuba and its citizens until the new Republic has appointed its consuls. În reply I am pleased to state to your excellency that this department sees no impediment to the granting of the said request, and on this date I have addressed the necessary communication to the minister of the interior, in order that the local authorities should give every assistance to the said consular officers in the discharge of their temporary duties as mentioned. I remain, etc., CESAREO CHACALTANA. Mr. Dudley to Mr. Hay. No. 621.] LEGATION OF THE UNITED STATES, SIR: Referring to the permission recently granted by this Government to United States consular officers within its jurisdiction to use their good offices ad interim in representation of the interests of Cuba and of Cuban citizens (see my No. 612 of the 9th instant), I have the honor to inclose herewith copy of a letter I have written Mr. José Payán, the head of the principal bank at Lima, and the most prominent Cuban in Peru, in reply to his request that he and the members of his colony at Lima be allowed to register their names in this legation. I would respectfully request your instruction upon the point, and trust that I have not erred seriously, if at all, in the view I have taken IRVING B. DUDLEY. of it. I have, etc., [Inclosure.] Mr. Dudley to Mr. Payán. No. 339.] LEGATION OF THE UNITED STATES, MY DEAR MR. PAYAN: Referring to our conversation of a few mornings ago, and in fulfillment of the promise I then made, I beg to say that in a circular instruction addressed to the diplomatic and consular officers of the United States under date of May 2, 1899, the honorable Secretary of State directed that during the temporary occupation of Cuba under the administration of the military authorities of the United States, the native inhabitants of the island sojourning abroad might, under certain conditions, be protected through the exercise of good offices by the diplomatic and consular representatives of the United States; in which cases, for the purpose of such temporary protection, those representatives were by the terms of the instruction expressly authorized to register the names of native inhabitants of Cuba who might be temporarily sojourning within their jurisdiction. The military occupation ended with the inauguration of an independent government on the 20th ultimo under the Presidency of His Excellency Señor Don Tomás Estrada Palma; and upon that date, therefore, the instruction, which had been the sole authorization for the registration of Cubans in Peru, became functus officio. No instruction treating of their registration has since been received at this legation. On the 24th ultimo, at the request of the President of Cuba, I was instructed by telegraph to ask the Government of Peru to permit United States consular officers within its jurisdiction to use their good offices in representation of the interests of Cuba and of its citizens until Cuban consuls should have been appointed. The permission has been granted and our consular officers in Peru have been notified. Unless this action may be construed to confer impliedly, as the instruction of May 2, 1899, did expressly, authorization to register, it is apparent that the registration of which we spoke is at present unsanctioned, especially by this legation, since the instruction now in force refers only to consular officers. I do not fail to perceive that under both the new and the old instruction registration is a means to the same end, facilitating in identical manner the execution of analogous instructions. Therefore, pending an expression from the Department of State, to whom I will at once submit the question, I am willing to receive provisionally applications for registration upon the proof required by the circular instruction, assuring you at the same time that the right of Cubans under the recent arrangement to the benefit of the good offices of United States representatives will be carefully and most gladly respected. Faithfully, yours, IRVING B. DUDLEY. Mr. Hill to Mr. Dudley. No. 286.] DEPARTMENT OF STATE, SIR: I have to acknowledge the receipt of your No. 621 of the 28th ultimo, reporting that you had received the request by members of the Cuban colony in Lima to be allowed to register their names in your legation, and that you had allowed them to register provisionally pending an expression of the Department's views. Your action is approved. It is not the Department's intention, and it is presumed not to have been the wish of the Cuban Government, to exclude legations from the exercise of good offices for Cuban citizens in case of need, to the same extent as requested and authorized in the case of our consular officers. They may be registered. I am, etc., DAVID J. HILL, EXTRACTS FROM MESSAGE OF PRESIDENT OF PERU TO PERUVIAN CONGRESS. Mr. Dudley to Mr. Hay! No. 637.] LEGATION OF THE UNITED STATES, SIR: The ordinary session of the Peruvian Congress was inaugurated on the 28th instant by President Romaña in a message distinguished for its spirit of conciliation in the presence of a bitter partisanship which is likely to make itself unpleasantly felt during the next three months. I transmit to the Department, under separate cover, two copies in pamphlet form of the message, and herewith inclose translation of passages of more especial interest, relating respectively to the late |