File No. 837.61351/114a
The Secretary of State to the Consul General at Habana ( Harris)
For Consul General Morgan:1
With regard to the 25 per cent of uncontracted sugar you can say that as long as the war lasts we are not going to allow the import of sugar into the United States at one penny variation from the agreed price inasmuch as the whole of the sugar that is not taken by the Allies will be needed for American consumption. This should be sufficient assurance to the producer. We are making every possible effort to complete the loan at earliest moment. Yesterday some $45,000,000 were subscribed and further meetings of bankers in New York, Boston, and Philadelphia are being held with view to completing the amount, and the Cuban Government should necessarily implement all of their resources and credit to handle this situation which is practically one of domestic order and in which we are only intervening out of desire to be of service to the Cuban people.
Herbert Hoover
- On detail as special agent in Cuba.↩