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

File No. 814.51/222.

The Secretary of State to the American Minister.

[Telegram—Paraphrase.]

Department of State,
Washington, February 7, 1913.

The British Foreign Office declines to recommend the agreement to the bondholders basing its action upon the objection that the loan agreement is not a firm offer but depends upon the assent of the Guatemalan Government. The bankers are now endeavoring to have the President of Guatemala sign the agreement without modification. The Department has decided not to take any further action for the present.

Knox.