File No. 839.51/1616.
The Acting Secretary of State to Chargé Johnson.
Washington, September 21, 1915—6 p.m.
Department appreciates the seriousness of the economic situation which confronts the Minister of Finance and suggests that a precise statement showing amounts of internal revenue collectible and Dominican Republic’s total income and outgo must be made, verified by receivership, and submitted to the Department before it can seriously consider a loan.
In addition to this, a complete examination, audit, and if possible adjudication of the floating debt should be made and forwarded to the Department immediately after verification by receivership.
Minister Russell expects to sail for Santo Domingo Thursday; shortly after his arrival he will propose the adoption of measures calculated to give practical and, it is hoped, permanent relief.