File No. 893.51/803.

The Acting Secretary of State to the American Minister.

[Telegram.—Paraphrase.]

In regard to your telegram March 16, promptly take steps necessary to safeguard all legitimate American interests, consulting colleagues where jointly concerned. The Russian Government has signified readiness in principle to participate in present advances and to designate Russo-Asiatic Bank as agent. Can not competing Russian interests be satisfied on basis of assured participation in pending loans?

Huntington Wilson.