File No. 817.51/532.
The Secretary of State to the American Minister.
Washington , February 28, 1913 .
Your February 26. The bankers have submitted a proposal to Nicaragua but have not yet been answered. They are willing to make still further concessions.
It is hoped that Nicaragua will do nothing that would cause her to lose benefits already obtained, or will at least wait until the incoming administration shall have had full opportunity to make a thorough examination.