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

File No. 839.51/864.

The American Minister to the Secretary of State.

[Telegram—Paraphrase.]

American Legation,
Santo Domingo, September 27, 1912.

Mr. Samuel M. Jarvis, representing the National Bank of Santo Domingo, informs me that the Dominican Government, being sorely pressed for money, has applied to the bank for a loan to be secured on all stamps and stamped paper for a period of years. The bank stipulates submittal of a statement of the Government’s financial condition and approval by the Government of the United States of the loan. Unless a new order of affairs is insisted on by our Government the country will soon be utterly ruined.

Russell.