838.51/1354: Telegram
The Acting Secretary of State to the Vice Consul in Charge of the Legation in Haiti (Longyear)
73. For General Russell.
Your September 1, 4 P.M.
The Department feels Article 2 of the draft law should be modified to conform to the provisions of Article 5 of treaty and Article 6 of protocol. The following wording is suggested: [Page 514]
“The bonds shall be issued through the National Bank of the Republic of Haiti in a manner to be determined upon by the Government in accord with the Financial Adviser.
“The General Receiver of Customs shall set aside monthly a sufficient sum from the customs receipts and general receipts under his control for the payment of interest and amortization of the bonds of Series B. This sum shall be placed on deposit with the National Bank, which shall make the necessary payments as the fiscal agent of the Government.
“The bonds shall, in accordance with the treaty of September 16, 1915, and the protocol of October 3, 1919, enjoy the same security as the external bonds of Series A.”