File No. 7622/1.

The Acting Secretary of State to Minister Morgan.

No. 143.]

Sir: I inclose a copy of a lettera from Mr. F. W. Bacot, of Charleston, S. C, making inquiries concerning the value of a Cuban bond. A copy of the bond is also inclosed.

You are requested to ascertain the value of the bond and to return the copy thereof to the department with your reply.

I am, etc.,

Robert Bacon.

Copy of bond.

The Republic of Cuba, through José Morales Lemus, president of the Central Republican Junta of Cuba and Porto Rico, acting under special authority, hereby acknowledges itself bound to the bearer in the sum of $500, with interest thereon at the rate of 7 per centum per annum from date hereof, said interest to be paid at the times and upon the conditions following, viz, after the ratification of a treaty of peace between the Government of Spain and the Republic of Cuba, or after the overthrow of the authority of the Spanish Government in the island of Cuba, or after the recognition by the Government of the United States of America of the political independence of the island of Cuba, and on the 31st day of July of the year succeeding that on which such ratification, overthrow of Spanish authority, or recognition of independence should take place, the said Republic will pay in the city of New York the interest then accrued hereon, and thereafter will so pay as well the interest accruing hereon semiannually on the 31st days of January and July in each year, as the said principal sum of $500, ten years after the first payment of interest. The Government of said Republic reserves the right to pay the principal hereof on any interest day succeeding the first payment of interest. And to the performance and payment of this obligation the honor and faith of the people of Cuba is hereby pledged in the name of Carlos Manuel de Cespedes, President of the Republic.

  1. Not printed.