816.51/64: Telegram
The Chargé in Salvador ( Arnold ) to the Secretary of State
San
Salvador
,
May 18,
1921—9 a.m.
[Received 8:10 p.m.]
[Received 8:10 p.m.]
24. President Meléndez informs me that he is negotiating a loan of $10,000,000 through Bloom Brothers, an American firm New York, to be guaranteed by a percentage of the customhouse receipts. The lenders will appoint a controller of the customhouses of the Republic.
Arnold