File No. 839.51/950.

The Chairman of the National Bank of Santo Domingo to the Secretary of State.

[Telegram.]

As Chairman of the National Bank of Santo Domingo, a financial institution established by myself and associates as the direct result of your announced policy of encouragement of commerce of and for the United States, I beg to call your attention to our bid, made in good faith at the proper time. No other bidder appearing in the field, I am now prepared to say that the Bank will redeem notes every three months if this seems desirable to the Government. I have the most implicit faith in you personally and have had from all the officers of the Department only courteous and honorable treatment in all dealings with your Department.

Samuel M. Jarvis.