File No. 817.51/451.
The American Minister to the Secretary of State.
Managua, May 17, 1912.
Sir: Referring to my telegram of May 11, 11 a.m.,1 I have the honor to enclose herewith a copy and translation of the measure1 passed by the National Assembly authorizing the President of Nicaragua to make a settlement of the Ethelburga loan.
In that same connection I enclose a copy1 of a telegram given to me by the President, the English text of which is probably already before the Department. It is dated May 12, 1912, addressed by Brown Brothers to their local representative, and contains the terms of the Ethelburga settlement, as reported in my telegram of May 14, 4 p.m.1
I have [etc.]