File No. 817.51/1083
The Secretary of State to the Minister in Nicaragua ( Jefferson)
Your January 21, 4 p.m. Is there any other way in which Government of Nicaragua could pay 1917 budget deficit? Department [Page 832] would not feel justified in sanctioning approval of payments for this deficit until further information is received. Nevertheless, it would appear advisable in all events that High Commission should decide upon these payments in same way as other payments. Inform Department by cable if full report upon labors of Public Credit Commission has been mailed and if so, when it should reach Department. Department concurs with you in belief that payment should begin as soon as possible but desires to have complete information in regard to awards of commission and scaling of debt.
Upon receipt of your reply to this cable Department will answer you in regard to the proposed note to the Minister of Foreign Affairs.