838.51/1394
The Financial Adviser to the Government of Haiti (McIlhenny), temporarily in the United States, to the Secretary of State
Sir: I have the honor to submit herewith for your consideration and approval the copy of a contract between the Republic of Haiti and the National City Company, of New York, and the National City Bank of New York, providing for the purchase by the National City Company of $16,000,000 of 30 year 6% Gold Bonds of the Republic of Haiti, and further providing that the National City Bank of New York be appointed Fiscal Agent for the service of the loan which is constituted Series A of a loan of $40,000,000 authorized by the Protocol of October 3, 1919 between the Republic of Haiti and the United States of America, and further authorized by the law of June 26, 1922 of the Haitian Council of State.
The loan has been contracted by me as Financial Adviser to the Republic of Haiti, under authority of the Haitian Government dated August 21, 1922 and transmitted to me through the Legation of the Republic of Haiti at Washington, D. C. My instructions advised me that M. Leon Dejean, Secretary of State for Foreign [Page 516] Affairs, had been delegated by the Haitian Government to assist me in contracting the loan. Therefore, and in accordance with my instructions, M. Leon Dejean has assisted me in the negotiations relative to the loan, and has approved and signed the contract herewith submitted.65
With great respect [etc.]
- The contract and the law of sanction were published in Le Moniteur, Oct. 30, 1922.↩