File No. 312.115/79.
The Secretary of State to
Consul Hostetter.
[Telegram.]
No. 296.]
Department of State,
Washington,
April 9, 1914.
Sir: Having reference to previous
correspondence in regard to the imposition of a forced loan upon the
Alamada Sugar Refineries Company, there is enclosed copy of a further
letter on the subject from Mr. J. Reuben Clark, Jr.
You will forward a copy of the enclosure to the appropriate authorities
and earnestly renew the protest heretofore made against the imposition
of the loan in question. I am [etc.]
For the Secretary of State:
Wilbur J. Carr
.
[Inclosure.]
Mr. J. Reuben Clark,
Jr. to the Secretary of
State.
Washington, D. C.,
April 4, 1914.
Sir: I have the honor to acknowledge yours
of March 30, 1914.105 and to enclose herewith, copy of the letter105 addressed to me
by Curtis, Mallet-Prevost & Colt, attorneys for the Almada Sugar
Refineries Company, a New York corporation.
[Page 775]
You will perceive that this letter is a
restatement of the facts as given by Curtis, Mallet-Prevost &
Colt in a letter, a copy of which I left with Mr. Baker on February
14th, affords a complete answer to the insinuations and unsupported
assertions made by General Obregon.
In my judgment, the American parties in interest in this matter have
clearly shown a very large and substantial investment of American
capital in this sugar enterprise, which cannot but be seriously
affected and probably ruined by the continued unjustified and
illegal hostility of the Mexican revolutionists, with the result
that this large amount of American capital thus bona fide invested in this undertaking, will be wholly
lost.
I therefore submit that these American interests are entitled to the
fullest protection which this Government is able to give them under
the existing circumstances, and I venture the opinion that such
protection should not be further withheld or postponed, because of
unsupported statements and allegations of the revolutionists
themselves, whose interest lies in postponing vigorous American
representation until they shall have extorted from the Company
everything available for their purposes, and have left it ruined and
helpless.
I am [etc.]