File No. 5315/351.

The Secretary of State to Chargé Fletcher.

[Telegram.—Paraphrase.]

Mr. Knox acknowledges Mr. Fletcher’s telegram of the 15th and informs him that the department approves his suggestion with regard to increasing the amount of the present loan and admitting equal American financial participation in revised loan, and that it would regard such an arrangement satisfactory, provided American interests enjoyed absolutely equal rights in every particular.