882.51/1193: Telegram

The Acting Secretary of State to the Chargé in Liberia (Bundy)

51. Your 73, October 21, 8 am.

Department approves the attitude of the Financial Adviser in stating to the manager of the Bank of British West Africa that an attempt of the Liberian Government to raise a loan without first consulting with him would be a violation of the provisions of the Reform Program and the 1912 Agreement. Should the Department subsequently agree to receive the proposed commission, the Financial Adviser should then approve loan.

Davis