File No. No. 763.72113/362
The Secretary of State to Representative George Huddleston
Sir: I have the honor to acknowledge the receipt of your letter of May 7,1 in which you inquire whether it would be proper and legal for one of your constituents to purchase certain German and Austrian Government bonds, coupons, and bank notes, which are owned and offered for sale by American citizens.
The Department understands that you desire to be informed whether it would be lawful for a banker in the United States to purchase from an American citizen bonds and bank notes of the German and Austrian Governments.[Page 418]
In reply I have the honor to inform you that there would appear to be no legal obstacle to a transaction between American citizens involving securities of the German and Austrian Governments, provided the securities are lawfully in this country.
I have [etc.]
- Not printed.↩