838.51/786: Telegram

The Acting Secretary of State to the Minister in Haiti (Bailly-Blanchard)

Following sent at request of Farnham: “To Scarpa. The following is the exact form of note which you should obtain from the Government of Haiti. ‘The Government of the République of Haiti hereby acknowledges that on the 31st day of December 1916 it was [Page 357] indebted to the Banque Nationale de la Republique d’Haiti in the principal amount of dollars United States gold, representing cash advances from time to time made to the Government of the Republique of Haiti by the Banque Nationale de la Republique d’Haiti for Budgetary and other requirements of the Government. And this principal amount of dollars, together with accrued interest thereon at the rate of 6 per centum per annum up to the date of the execution of this note, making a total amount of dollars the Government of the Republic of Haiti hereby promises to pay in United States gold to the Banque Nationale de la Republique d’Haiti or its order, either at its office at Port-au-Prince or New York as the Bank may elect, on or before the 31st day of December 1921, and to pay interest on the said total amount of dollars quarterly at the rate of 6 per centum per annum from the date of this note until its final payment.’ In each place where the word dollars appears in the foregoing cable you will substitute the exact amount of money to be used. As soon as you receive the definitive note of the Government signed by the Minister of Finance of Haiti and by the Financial Advisor and in all other ways properly legalized to the satisfaction of our lawyer cable us and we will immediately commence printing of additional Gourdes and ship the first million to you as soon as ready. Farnham.”

Polk