File No. 817.51/598.
The Secretary of State to Brown Brothers & Co. and J. & W. Seligman & Co.
Washington, November 5, 1913.
Gentlemen: The Department is in receipt of your letter of October 29, in connection with the Nicaraguan loan, and referring to the payment of the $100,000 which was to be paid out of the [Page 1065] $200,000 held in reserve in accordance with the Department’s telegram.
Under arrangements made with the representatives of Nicaragua on November 4, the Department now desires you to place the remaining $200,000 at the disposition of the Republic of Nicaragua, $100,000 of which sum has already been allotted to the Nicaraguan, Mixed Claims Commission by draft drawn by Mr. Pedro Rafael Cuadra, Minister of Finance of Nicaragua, made payable to the Attorney of Nicaragua.
If it is still necessary for Mr. Cuadra to give instructions to this effect, you will kindly request the same of him before complying with the suggestion made in this letter.
I am [etc.]