File No. 851.51/49

The French Ambassador ( Jusserand) to the Secretary of State

[Translation]

Mr. Secretary of State: The Government of the French Republic wishes to enter upon a loan contract with the Federal Government at the earliest possible date.

Under the circumstances, I should be very grateful to Your Excellency if you will kindly put either me or the representatives whose names I shall furnish in contact with the Secretary of the Treasury of the United States in order to begin the negotiations for the said loan.

I have received the requisite power to sign all instruments connected with the transaction that would come out of the said negotiations.

Be pleased to accept [etc.]

Jusserand