File No. 817.00/1546.


No. 13.]

Sir: I have the honor to report that I have had two very important private conferences with President Estrada in which he has outlined specifically the policy he desires to pursue in Nicaragua. The matter is, in my opinion, of such vital importance that I have decided to request Mr. Ernest H. Wands, the financial expert who accompanied me to Nicaragua and who leaves for Washington tomorrow, to lay this matter before you in person. I have decided on this course after careful consideration, and have made Mr. Wands fully acquainted with the reasons that have governed me. I have also endeavored to give Mr. Wands my opinion on the points in question, with a request that he repeat them to you, and I sincerely hope that, without inconvenience to yourself, you may be able to give him a full hearing.

I have, etc.,

Elliott Northcott.