815.51/426: Telegram

The Secretary of State to the Chargé in Honduras (Spencer)

14. Your 98, April 18, 8 a.m.

In case, after the further conference between Young and the President reported by you as arranged for Tuesday, the Honduran Government still seems disposed to dispense with Doctor Young’s services as financial expert you are directed to arrange immediately for an interview with the President and to express to him the sincere regret with which the Department would look upon a final decision on its part to discontinue the work so auspiciously begun by Doctor Young and with such promise of great credit for the administration of President Lopez Gutierrez. You may add that the evidence given by the Honduran Government by means of the reception so far accorded by it to the recommendations of Doctor Young that it was about to give serious attention to the necessity of instituting rigid economies and strict supervision over public expenditures and to lay the foundation for adjustment of the internal and external debts of Honduras was extremely gratifying to this Government but that a termination at this time of the employment of Doctor Young would indicate a decided change of attitude on the part of the Govt of Honduras and an indifference to these important reforms which this Gov’t could not help but note.

You may present the substance of this telegram in the form of a written memorandum. Keep Department closely advised of developments and of action taken by you.