816.51/89: Telegram

The Secretary of State to the Minister in Salvador ( Schuyler )

27. Department’s August 23, 6 P.M.

Mr. Keith’s representative states that Mr. Keilhauer requests the good offices of Department in obtaining an extension of the bank concession as well as the option contract for the loan. You will therefore endeavor, by informal representations, to procure from the President an extension of the bank contract for 4 months, pointing out that the establishment of the bank necessarily depends upon negotiations of the loan and that it will, therefore, be necessary to delay the execution of both projects pending a decision from the American bankers who have been approached.