The Montgomery advertiser., 1903-03-12
DECLARES II NULL
BOLIVIA WILL REVOKE ACRE
 CONCESSION.
Minister Guachella Says It Was Agreed That the Privileges Should Not Be Transferred
 to Foreigners.

Washington, March 11-senor Guachella the Bolivian Minister. has written the Bolivian syndicate made up of capitalists of New York and London and also known as the Anglo-American syndicate, stating that he has been informed that the syn $570. 900 from Brazil for its rights in the Acre Territory now in dispute between Brazil and Bolivia. and protesting vigorously against the taking of such ac- tion by the syndicate.
 The minister sad tonight that the talk ing of this indemnity by the syndicate he regarded as a waiver of It's right to ex- ploit the treritory of Acre now in dispute between Brazil and Bolivia, and that Bolivia feared Brazil would use the rights obtained through the purchase or the con cession to support her claim to the 50, OJO square miles Of territory in the region.
 Bolivia claims that the syndicate is ab- soluteIy without authority to take thls action. and that It IS a violation, of the provisions of the contract under which the syndicate obtained the concessions. A OL lnt COllStSSlOll u u IOIelkn state or government, being, he said, pro- hibited. When he learned that the syn dicate was contemplating the transfer of the concession, Senor Guachella says, he protested against 1t in the name of Bolivia and suggested arbitration. but that his proposition was disregarded, and the Brazilian proposition accepted. On learning of this action Minister Guachella today sent the following dispatch to the syndicate:
 Washington. March Il. MT. Frederick Whitridge, Manager and
 Agent of The Bolivian Syndicate, 59
 Wall Street New York City.
 February 26, you and the syndicate signed with the representative of Brazil an agreement of an indemnity of $l14,000 pounds sterling to which the syndicate is not entitled.
 February A you wrote me as follows: I have to say that the syndicate has had no meeting since the suggestion of pos sible settlement with Brazil was made to 1t, and that there will De no meeting until the arrival of Sir Martin Conway, for whom we have cabled. and who in forms me by cable that he will sail We'd nesday next, the 25th. which would bring him here about the fourth or fifth of March Until that time, nothing will be concluded by the syndicate
 February 26, you again wrote me as follows:
 "'The syndicate has had no meeting and will have no meeting and will con- clude nothing, until the arrival of Sir Martin Conway. That is still true. I know nothing about MT. Segers telegram except what have seen in the pepars and what I have told you was of course per fectIy true Conway sailed yesterday and will be here next week.
 Sir Martin Conway reached New York on the 5th instant, the next day he in- formed me, he referring to you, that the syndicate had not met and therefore it had not yet taken any action. Conse- ouently I continued to discuss the matter. and I presented several propositions de- manded in the first place that the arbitra- ton agreed to in the contract, should be carried out
 ..sir Martin, although he had offered to give heed to my propositions, wrote that no money has been paid
 Meanwhile, since February 26 an agreement had been reached nOtwith- sta andine my formal and repeated opposi- tiop thereto and the indemnity is already maid protest against this action as mil and void, which cannot be binding unon my government and which does not affect int rights of my country.
 ''Fernando Guachella,
 Minister of Bolivia"