814.51/293: Telegram

The Acting Secretary of State to the Chargé in Guatemala ( Thurston )

Your May 24, 3 p.m.10 Inform President Estrada Cabrera Department believes that it is in a position to secure for Guatemala the services of Professor Kemmerer, an eminent currency expert in the United States, who has been employed in currency reforms by Governments of Mexico, Philippines, and British Straits Settlements. He can devote July, August, and most of September to this work. His services in making necessary investigations and recommendations will probably cost $5,000 plus allowance not exceeding $3,000 for secretary, clerical help, and other necessary expenses. In view of importance of securing best possible advice in a matter so vitally affecting Guatemala’s economic life, Department believes that this expenditure is fully justified. Ascertain whether President desires this Government to offer Professor Kemmerer the position on this basis.

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