File No. 814.51/244.

[Untitled]

The threatened note was presented to the Guatemalan Government by the British Minister on Saturday evening and the coming Thursday was named as the day on which relations will be broken unless demands are conceded. An agreement was signed the same night accepting the British terms. To be legal this agreement must be published today or tomorrow. Though the British Minister will not make the agreement public until it is published by the Guatemalan Government, it is stated that it provides for immediate restitution of enough of the coffee tax to pay current interest of the bonds and postpones for four years the liquidation of accumulated interest.

Wilson.