Papers Relating to the Foreign Relations of the United States, With the Address of the President to Congress December 4, 1917

File No. 817.51/980

[Untitled]

Department of State,
Washington, July 25, 1917, 7 p.m.

Your telegram July 21, 5 p.m.⁶ Item three of Department’s July 19, 4 p.m. represents one-half principal of Emery claim, namely 275,000 dollars and interest at 5 per cent compounded annually on 50,000 dollars from December 18, 1909, on 50,000 dollars from March 18, 1910, and on 450,000 dollars from September 18, 1910. Such items of interest aggregating over 215,000 dollars. Bankers now agree to waive compounding of interest which will reduce interest item to about 193,000 dollars.

Polk

6. Not printed.