Unfavorable attitude of the Department of State toward American loans to foreign enterprises competing with American enterprises in third countries 51

51. For previous correspondence on U. S. attitude toward the flotation of foreign loans, see Foreign Relations, 1922, vol. i, pp. 556 ff.

[455] Memorandum by the Economic Adviser of the Department of State (Young)

894.51 Or 4/2

[460] The Chargé in Japan ( Wilson ) to the Secretary of State

894.51 Or 4/27: Telegram