812.51/585: Telegram

The Chargé in Mexico (Summerlin) to the Secretary of State

292. The Secretary of the Treasury has advised me indirectly and unofficially that he has been informed that the Equitable Trust Company of New York and other banks in the United States, where funds of Mexican Government are deposited, are retaining these funds under legal advice until the Department of State advises them to the contrary. General Alvarado stated that this action is damaging to the Mexican Government and requested me to ask the Department if it will advise the banks in question to transfer these funds to the new Government and its legal representatives. In this connection General Alvarado added that the present Mexican Government desires but will not ask for recognition, that it wishes to show that it deserves recognition.