File No. 882.51/818
The Chargé in Liberia ( Bundy) to the Secretary of State
Department’s August 12, 6 p.m. Bank British West Africa has given no aid to Liberia other than monthly advance of $9,000 under its agreement with Government of February 21, 1917. On August 1 indebtedness to Bank on account of advances under said agreement was $91,000. Advances will cease when indebtedness reaches $100,000. It is estimated this will be not later than October 1. As far as known, bank’s attitude towards extending further financial aid to Liberia after $100,000 limit of loan is reached, remains much the same policy.1
- Copy of above telegram was referred to the Secretary of the Treasury, August 16, 1918.↩