File No. 838.51/591

Minister Blanchard to the Secretary of State


Your February 24, 6 p.m. Financial Adviser did not inform Government payments would be stopped March 1 or any other date, but did call attention to Article V of the treaty and impracticability of continuing present scale of expenditure, in the absence of definite plans for making good deficit.

Question accede conditions for loan before Council to-day Borno and Heraux favoring. At the request of dissenting members President deferred casting deciding vote until views of Ménos, who has been cabled to-day as to necessity of extension of treaty in order to secure loan, are received. Definite favorable action is promised on Wednesday next unless Ménos should make adverse report.