Award Pronounced By His Majesty King George V As "amiable Compositeur" Between the United States of America And the Republic of Chile in the Matter of the Alsop Claim
Award Pronounced By His Majesty King George V As "amiable Compositeur" Between the United States of America And the Republic of Chile in the Matter of the Alsop Claim
United States
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appear to have made no attempt to secure the surplus in reduction of their debt. The result is that with regard to this part of the case we can only report to -Your Majesty that the Wlieelwright contract effected no assignment or hypothecation of the Arica customs, that the arrangement embodied in Article 2 of that contract was not binding on Chile, that Chile in appropriating the proceeds of the Arica customs, either before or after the Pact of Indefinite Truce in 1884, did not receive the mon...ey to the use of Alsop and Co., and that the claim under this head for 2,337,384 dol. 28 c. payable in gold is not sustainable. The Government Silver Mines. The second source to which Alsop and Co. were to look for the repayment of their debt was the right given them by Article 3 of the Wheelwright Contract to exploit the Government silver mines in the coast department. ** Third. All of the silver mines of the Government in the department along the coast are hereby devoted to the payment of the said amortisation, for which purpose 40 per cent, of the net profit shall be utilised '' The terms on which these mines were to be worked were set out in a subsidiary document, which formed part of the contract.
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