File No. 855.51/9
The Assistant Secretary of the Treasury ( Crosby) to the Secretary of State
Sir: I have the honor to acknowledge, for the Secretary of the Treasury, the receipt of your letter of June 6,1 inclosing copy of a note from the Belgian Minister regarding the desire of his Government to negotiate for an immediate loan from this Government of $10,000,000 and for a monthly loan of $1,500,000 from April 1, 1917.
We have been in communication with the Belgian Minister with reference to these negotiations, and he has been informed that under the present very great pressure in the last few days of the Liberty Loan campaign it is impossible to finally consider the matter. He has been informed, however, that we will be pleased to discuss the subject further with him at an early date.
The Department will be very glad to keep you fully informed of its negotiations on the loans in question.
Very truly yours,
- Not printed.↩