File No. 817.51/567.
Brown Brothers & Co. and J. and W. Seligman Co. to the Secretary of State.
Sir: Yesterday we held a conference with Mr. Douglas (of the firm of Douglas, Baker, Ruffin & Obear, counsel for Nicaragua) with reference to the proposed new loan to the Republic of Nicaragua.
Our memorandum of August 9th1 has now been modified by our letter to you of August 26th1 and our telegram to you of August 28th1 and our conference with Mr. Douglas on September 3rd. We have accordingly, had a memorandum prepared which embodies in one document all of these various suggestions and now enclose herewith a copy thereof for your attention.
We have [etc.]
J. & W. Seligman & Co.