File No. 817.51/450.

The Secretary of State to the American Minister.

[Telegram—Paraphrase.]

Wands transmits from Paris the recommendation yesterday of the French bondholders’ committee to accept plan for settlement of the 1909 loan question.

Similar action yesterday by the committee of the council of foreign bondholders of London.

Wands requests that Schoenrich be informed that the matter he referred to in letter of April 13 can probably be arranged.

At the Department yesterday Mallet-Prévost seemed hopeful of early relief for Nicaragua.

Knox.