Papers Relating to the Foreign Relations of the United States, With the Address of the President to Congress December 2, 1913

File No. 817.51/573a.

The Secretary of State to Brown Brothers & Company and Seligman & Co.

[Telegram.]

Department of State,
Washington, Sept. 17, 1913.

Before signature would like to see copy of contract agreed upon between Nicaraguan Government and yourselves. We do not see any necessity for including the forty-nine per cent of the stock of railway to secure the loan of one million dollars, especially if revenues of this portion of road are pledged.

W. J. Bryan.