838.51/1270: Telegram

The High Commissioner in Haiti (Russell) to the Secretary of State

49. Mr. Borno desires to start public works immediately upon taking office.

[Page 495]

Initiation of public works in different sections country emphasized. Mr. Borno has asked that exterior loan be increased to 18 millions to permit such development immediately. Strongly approve this request. Anticipate customs receipts this year to provide for 5 millions. In view of the great change in money market request that probable prices on loan be quoted me for the information of the Haitian Government and myself.