File No. 817.51/418.
Brown Brothers and Company and J. and W. Seligman and Company to the Secretary of State.
Sir: Referring to our letter1 to you of February 21st, 1912, in which we advised you of the negotiations then pending between the Republic of Nicaragua and ourselves, relating to certain supplemental loans to the Republic in addition to the temporary loan of $1,500,000, theretofore made by us,2 we beg to state that as a result of these negotiations we entered into an agreement with the Republic on March 26th, 1912, by which we undertook to make further temporary loans to the Republic to an amount not exceeding $775,000. We beg to hand you herewith a copy of the agreement referred to.1
Respectfully yours,
J. and W. Seligman and Company.